Thursday, November 5, 2026

Business

Oman Air Unveils Nonstop Flights Connecting Muscat and Singapore

Muscat: Oman Air has announced the launch of direct flights between Muscat and Singapore, commencing 2 July 2026. The new service marks the airline’s latest link to Southeast Asia, increasing accessibility between the two regions. Guests will be able to fly direct from Muscat to Singapore four days a week

Oil Prices Decline in Early Trading on Surplus Concerns

Muscat: Oil prices fell in early trading today, extending losses from the previous session: Oil prices fell in early trading today, extending losses from the previous session. Brent crude futures fell 24 cents, or 0.40%, to $60.32 a barrel, while US West Texas Intermediate (WTI) crude futures fell 22 cents,

China’s Industrial Output Sees 4.8% Growth in November

Beijing: The value added of industrial output in China rose by 4.8 percent year-on-year in November, according to data issued by the National Bureau of Statistics of China. According to Oman News Agency, the data showed that industrial output during the first eleven months of this year achieved an increase

Tender Results of Government Treasury Bills Worth RO 33.9 Million Released

Muscat: The total issuance of Government Treasury Bills amounted to RO 33.9 million. The value of the allotted Treasury bills amounted to RO 33.9 million, for a maturity period of 91 days. The average accepted price reached RO 99.058 for every RO 100, and the minimum accepted price arrived at

Gold Rises as US Treasury Yields Decline

Muscat: Gold prices rose today, supported by a decline in US Treasury yields, while silver prices stabilized after a record surge last week. Spot gold increased by 0.3% to $4,313.08 per ounce, having earlier reached its highest level since 21 October 2025. Gold’s gains have exceeded 64% since the beginning

Regional Workshop on International Labor Standards Commences in Muscat

Muscat: An expanded regional workshop titled ‘International Labor Standards: Building Local Policies and Capacities’ began today in Muscat. The 4-day event is organized by the Ministry of Labor with the participation of experts from the International Labor Organization (ILO) and a number of specialists and officials from government entities and

Oil Prices Increase Amid US-Venezuela Tensions

New york: Oil prices rose today, recouping part of last week’s 4 percent slide, as concerns over potential disruptions from escalating US-Venezuela tensions. Brent crude futures rose 25 cents, or 0.4 percent, to $61.37 a barrel, and US West Texas Intermediate crude was at $57.67 a barrel, up 23 cents,

RO 150m Sugar Refinery at Sohar Port Opens

Sohar: The Oman Sugar Refinery (OSR) factory was inaugurated today at Sohar Port and Freezone. This is a significant industrial project for the food security sector in the Sultanate of Oman, with an investment cost exceeding RO 150 million. The inauguration was held under the auspices of Sultan bin Salim

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…