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 …

EDO Issues USD 10-Year Sukuk Worth RO 250 Million

Muscat: Energy Development Oman (EDO) has successfully issued a USD 10-year Sukuk worth RO 250 million (USD 650 million), set to mature in January 2036. This initiative is aligned with EDO’s ongoing financing strategy, aimed at supporting a portion of…

Oman Air Achieves Record-Breaking Commercial Performance in 2025

Muscat: Oman Air recorded robust commercial performance during 2025, achieving a milestone in the airline’s ongoing transformation program resulting from the success of initiatives aimed at enhancing operational efficiency, achieving sustainable growt…

MSX Gains 90 Points

Muscat: Muscat Stock Exchange (MSX) main index closed higher today, gaining 1.44 percent. The MSX 30 Index concluded the trading session at 6,361.45 points, registering a rise of 75.9 points from the previous close of 6,271.43 points.

According to O…

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…