Thursday, November 5, 2026

December 17, 2025

Oman Oil Price Drops 21 Cents

Muscat: Oman oil price for February delivery 2026 today reached 59.82 US Dollars, marking a decline of 21 cents compared to the previous day’s price of 60.03 US Dollars. According to Oman News Agency, the average price of Oman oil for December delivery 2025 stabilized at 65.04 US Dollars per

Gold Rises, Silver Jumps to Record High

Muscat: Gold prices edged higher in trading today, while silver surged to a record high, breaking above the $65 mark for the first time. Spot silver climbed 2.8% to $65.63 per ounce, marking its highest level on record. Spot gold rose 0.4% to $4,321.56 per ounce, while US gold futures

Oil Prices Gain Over 1% in Asian Trading

Muscat: Oil prices rose by more than 1% in early Asian trading today, rebounding from the previous session’s sharp losses. Brent crude futures gained 70 cents, or 1.2%, to $59.62 a barrel, while US West Texas Intermediate (WTI) crude futures climbed 73 cents, or 1.3%, to $56 a barrel. According

MSX 30 Index Sees Modest Gain of 6.7 Points

Muscat: The MSX 30 Index concluded today’s session at 5,934.90 points, gaining 6.7 points, or 0.11 percent, compared to the previous close of 5,928.25 points. The total trading value reached RO 44,480,183, reflecting a rise of 16.4 percent from the previous session’s value of RO 38,213,493. According to Oman News

Oman Launches 10th Local Sovereign Sukuk Offering at RO 150 Million

Muscat: The Oman Sovereign Sukuk Company, representing the Government of the Sultanate of Oman through the Ministry of Finance, has officially announced the release of the 10th issuance of Local Sovereign Sukuk. According to Oman News Agency, the offering is valued at RO 150 million and includes a Greenshoe option

Energy Development Oman Upgraded to Investment Grade by Fitch Ratings

Fitch ratings: Fitch Ratings has upgraded the credit rating of Energy Development Oman (EDO) to investment grade at ‘BBB-‘, assigning a stable outlook. This action follows the agency’s recent upgrade of the Sultanate of Oman’s sovereign credit rating to the same level. According to Oman News Agency, Fitch affirmed the

Oman Advances National Halal System to Boost Export Competitiveness

Muscat: The Sultanate of Oman’s National Halal System Task Force convened for its third meeting to review progress on the development and launch of the integrated framework, a key initiative aimed at enhancing the global competitiveness of Omani products and ensuring their compliance with domestic and international market standards. The

National Forum Held to Foster Dialogue, Build a Modern, Sustainable Labor Market

Muscat: The National Forum for Joint Dialogue commenced its proceedings in Muscat today, engaging stakeholders in critical discussions aimed at enhancing Oman’s work environment. Central themes included establishing a dedicated platform for exchanging insights and expertise and addressing the challenges facing the labor market amidst evolving local and global economic

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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…