Thursday, November 5, 2026

Business

Oil Prices Drop Over 5% as Geopolitical Risks Ease

Muscat: Oil prices fell by more than 5%, pressured by easing geopolitical tensions that dampened market sentiment. Brent crude futures declined by $3.30, or 4.8%, to $66.02 per barrel, while US West Texas Intermediate (WTI) crude futures fell $3.23, o…

Oman-GCC Direct Electrical Interconnection Project Announced

Muscat: The GCC Interconnection Authority (GCCIA) announced the commencement of the direct electrical interconnection project between the Authority’s grid and the grid of the Sultanate of Oman.

According to Oman News Agency, this strategic move ref…

Future Leaders Forum Explores Rapid Digital Transformations

Muscat: An event titled ‘Leaders for Future Readiness’ forum kicked off today as part of a 4-month national dialogue and training programme (‘Irtiqaa’) undertaken by the Ministry of Transport, Communications and Information Technology. The forum, atte…

MSX Drops 83 Points

Muscat: Muscat Stock Exchange (MSX) main index closed lower today, dropping 1.32 percent. The MSX 30 Index concluded the trading session at 6,246.50 points, registering a drop of 83.8 points from the previous close of 6,330.27 points.

According to O…

Oman Air Receives New Boeing 737 Aircraft, Expanding Fleet to 33

Oman: Oman Air has received its newest Boeing 737 MAX 8 aircraft, marking the final delivery in a supply series that included seven Boeing 787 and 737 aircraft over the past year. With this latest addition, the national carrier’s total fleet has reach…

OCCI Discusses Enhancing Economic, Trade Ties with U.S. Delegation

Muscat: Faisal Abdullah Al Rowas, Chairman of the Board of Directors of the Oman Chamber of Commerce and Industry (OCCI), received today at the Chamber’s headquarters in Muscat a trade delegation from the United States of America.

According to Oman …

Air Traffic Management Coordination Meeting Commences in Muscat

Muscat: The Air Traffic Management (ATM) coordination meeting began in Muscat today. Hosted by the Civil Aviation Authority (CAA) and organized by the International Civil Aviation Organization (ICAO), the event features the participation of 90 experts…

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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…