Monday, November 2, 2026

Business

Salalah Free Zone to Host New Beverage Production Facility

Salalah:Muscat Salalah Free Zone has entered into a usufruct agreement with Advanced Packaging Company, part of Alesayi Holding Company from Saudi Arabia, to set up an industrial project for producing carbonated beverages, juices, and energy drinks. T…

Oman and Uganda Chambers Sign Agreement to Boost Economic Ties

Siena:The Oman Chamber of Commerce and Industry (OCCI) has signed a Memorandum of Understanding (MoU) with the Uganda National Chamber of Commerce and Industry to strengthen economic and trade relations between the two nations.

According to Oman New…

Trademark Registration Controls Emphasized by Commerce Ministry

Siena:The Ministry of Commerce, Industry and Investment Promotion has underscored the necessity for business owners and entrepreneurs to adhere to legal requirements when selecting, designing, and registering trademarks. This adherence is crucial for …

IMF Calls for Urgent Measures to Tackle Inflation

Bangkok:The International Monetary Fund (IMF) has urged member states to take immediate steps to address rising inflation and reduce significant budget deficits.

According to Oman News Agency, Kristalina Georgieva, the IMF’s Managing Director, highl…

Gold Prices Rise Amid Weaker Dollar and Oil Prices

Dhaka:Spot gold climbed 0.3 percent to $4,206.01 per ounce, reaching its highest level since October 2 earlier today. US gold futures for December delivery also rose 0.3 percent to $4,230.40.

According to Oman News Agency, investors are closely moni…

OPEC Revises 2026 Oil Demand Growth Forecast Downward

Vienna:The Organization of the Petroleum Exporting Countries (OPEC) has revised its forecast for global oil demand growth in 2026, reducing it to 400,000 barrels per day. This marks a significant decrease from the 1.4 million barrels per day estimated…

Recent posts

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…