Thursday, November 5, 2026

December 16, 2025

OCCI Launches ‘Tamkeen’ Initiative for Enabling SMEs to Contest Government Tenders

Muscat: Oman Chamber of Commerce and Industry (OCCI) today launched an initiative codenamed ‘Tamkeen’ (empowerment) to enable small and medium enterprises (SMEs) to opt for government tenders. The initiative was launched at the OCCI premises in Muscat Governorate, in cooperation with ‘Oman Vision 2040 Implementation Follow-up Unit’ and the ‘Projects,

Dollar Nears Two-Month Low in Early Trading

Muscat: The US dollar today fell in early Asian trading, hovering near its lowest level in nearly two months. The dollar index, which measures the greenback against a basket of major currencies, slipped 0.2% to 98.261, close to its weakest level since 17 October 2025. According to Oman News Agency,

Gold Gains as Markets Price in Further Rate Cuts

Muscat: Gold prices edged higher today, supported by expectations that the United States may cut interest rates next month. Spot gold rose about 0.1% to $4,304.92 per ounce, while US gold futures climbed to $4,333.20 per ounce. Gold has gained more than 64% so far this year, hitting multiple record

Oil Prices Decline in Early Trading on Surplus Concerns

Muscat: Oil prices fell in early trading today, extending losses from the previous session: Oil prices fell in early trading today, extending losses from the previous session. Brent crude futures fell 24 cents, or 0.40%, to $60.32 a barrel, while US West Texas Intermediate (WTI) crude futures fell 22 cents,

Oman Air Unveils Nonstop Flights Connecting Muscat and Singapore

Muscat: Oman Air has announced the launch of direct flights between Muscat and Singapore, commencing 2 July 2026. The new service marks the airline’s latest link to Southeast Asia, increasing accessibility between the two regions. Guests will be able to fly direct from Muscat to Singapore four days a week

ILO Delegation Reviews Social Protection and Trade Union Systems in Oman

Muscat: A delegation from the International Labor Organization (ILO), led by Gilbert Houngbo, Director-General of the ILO, paid an official visit to the Social Protection Fund. The visit aimed to enhance cooperation between the ILO and the Fund and review the efforts undertaken by the Sultanate of Oman in strengthening

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Oman Participates in GCC Culture Ministries’ Preparatory Meeting

Muscat:The Sultanate of Oman participated in a preparatory meeting of Undersecretaries of Ministries of Culture from GCC states. This meeting, conducted via video conference, served as groundwork for the upcoming 30th meeting of GCC Ministers of Cultu…

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…