Thursday, November 5, 2026

Business

European Stocks Rise on Gains in Mining, Energy

Barka: European stocks rebounded today, supported by higher oil prices and precious metals, recouping part of the losses they suffered the previous day due to weak earnings in the luxury goods sector. The pan-European STOXX 600 index rose 0.2 percent …

Oil Prices Hit Four-Month High Amid Strong Monthly Performance

Barka: Oil prices to their highest levels since late September, extending gains amid strong monthly performance. Brent crude futures settled up 83 cents, or 1.23%, at $68.40 a barrel, while US West Texas Intermediate crude gained 82 cents, or 1.31%, t…

Dollar Rebounds From Four-Year Low Against Major Currencies

Washington: The US dollar has risen against a basket of major currencies, recovering from a four-year low reached in the previous session, after the US Treasury reaffirmed Washington’s commitment to a strong-dollar policy. The dollar index, which meas…

US Federal Reserve Keeps Interest Rates Unchanged

Washington: The US Federal Reserve has left its key interest rate unchanged at its first policy meeting of 2026, citing continued uncertainty over the economic outlook. The central bank said it had maintained the benchmark overnight lending rate withi…

Oman, Maldives Discuss Ways to Enhance Cooperation

Muscat: Sultan Salim Al Habsi, Minister of Finance, received Moosa Zameer, Minister of Finance and Planning of the Republic of the Maldives, in Muscat today. The meeting focused on discussions of mutual interest and the exchange of views on financial …

Oman Oil Price Rises 1.55 US Dollars

Oman: Oman oil price for March delivery 2026 has increased to 66.16 US Dollars, marking a rise of 1.55 US Dollars compared to yesterday’s price of 64.61 US Dollars.

According to Oman News Agency, the average price of Oman oil for January delivery 202…

CBO Releases its Macroeconomic Stability Report 2025

Muscat: The Central Bank of Oman (CBO) released its Macroeconomic Stability Report 2025, a periodic flagship publication providing an analytical assessment of recent macroeconomic developments and their spillovers to the financial system. The report p…

Japan Stocks Close Higher as Advantest Leads Gains

Barka: Japanese stocks rose today, led by chip-testing equipment maker Advantest. The broader Topix index climbed 0.3 percent to 3,545.30 points, erasing early losses of 0.8 percent, while the Nikkei index, which has a heavy weighting of technology st…

Recent posts

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…