December 8, 2025

Muscat: The activities of the Green Building Forum 2025 commenced today in Muscat. Organized by Petroleum Development Oman (PDO), the forum aims to provide practical solutions to elevate the quality of construction projects in the Sultanate of Oman by adopting environmentally friendly materials, improving energy efficiency, and developing more sustainable

Muscat: The Sultanate of Oman has experienced a 0.8 percent increase in its natural gas production, including both domestic production and imports, reaching 47.5026 billion cubic meters by the end of October 2025. This marks a rise from 47.1055 billion cubic meters during the same period in 2024. According to

Muscat: The MSX 30 Index concluded today’s session at 5,893.02 points, dropping 22.7 points, or 0.38 percent, compared to the previous close of 5,915.73 points. According to Oman News Agency, the total trading value reached RO 37,801,745, reflecting a drop of 7.3 percent from the previous session’s value of RO

Muscat: Gold prices edged higher today, supported by growing bets that the US Federal Reserve will cut interest rates this week, a move that would add further pressure on the dollar and enhance the appeal of the non-yielding metal. Spot gold rose about 0.3% to $4,206.99 per ounce, while US

Muscat: Oil prices today climbed to their highest level in two weeks, driven by investor expectations of an imminent US interest rate cut that could support economic growth and boost global energy demand. Markets also remain on edge over geopolitical risks that threaten crude supplies from Russia and Venezuela. Brent

Muscat: The total issuance of Government Treasury Bills amounted to RO 10.3 million. The value of the allotted Treasury bills amounted to RO 0.2 million, for a maturity period of 28 days. The average accepted price reached RO 99.750 for every RO 100, and the minimum accepted price arrived at

Muscat: The first Thermal Oxidizer (TO) to be completely designed, engineered, manufactured, and tested inside the Sultanate of Oman was unveiled today. This step is a qualitative industrial achievement that reflects the Sultanate of Oman’s growing capabilities in developing advanced technologies and heavy equipment for regional projects. According to Oman

Muscat: Fitch Ratings has upgraded the Sultanate of Oman’s credit rating in its report issued today from ‘BB+’ to the investment grade level of ‘BBB-‘ with a stable outlook. This upgrade results from the continued improvement in the state’s public finance indicators, external financial position, and Fitch’s growing confidence in