Thursday, November 5, 2026

Business

Oil Edges Lower Ahead of US Rate Decision

Muscat: Oil prices edged lower in early Asian trading today, extending losses of about 2% from the previous session, as investors remained cautious ahead of an imminent US interest rate decision. Brent crude futures fell $0.08, or 0.1%, to $62.41 a barrel, while US West Texas Intermediate (WTI) crude declined

Oman Air to Launch Fifth Destination to Saudi Arabia

Muscat: Oman Air announced the launch of its first new route for 2026 to the city of Taif, effective from 31 January 2026. This new route represents its fifth destination to the Kingdom of Saudi Arabia, marking a new step in expanding its regional network. According to Oman News Agency,

Gold Steady Ahead of Fed Rate Decision

Muscat: Gold prices were largely unchanged in Asian trading today as investors remained cautious ahead of the US Federal Reserve’s interest rate decision. Spot gold was steady at $4,186.99 an ounce, while US gold futures for December delivery edged down 0.1% to $4,215.80 an ounce. Among other precious metals, silver

MSX Index Climbs 68 Points as Trading Value Surges

Muscat: The MSX 30 Index closed today’s trading session at 5,961.49 points, marking an increase of 68.5 points, or 1.16 percent, from its previous close of 5,893.02 points. According to Oman News Agency, the total trading value saw a significant rise, reaching RO 41,802,113, up 9.3 percent from the last

International Semiconductor Executive Summits Begins in Oman

Muscat: The 2nd Edition of the International Semiconductor Executive Summits Middle East 2025 began today, hosted by the Sultanate of Oman. The summit features the participation of more than 50 global companies in the semiconductor field, along with experts and specialists from various countries around the world. According to Oman

Oman Oil Price Drops 1.61 US Dollars

Muscat: Oman oil price (February delivery 2026) today reached 62.95 US Dollars, comprising a drop by 1.61 US Dollars, compared to the price of yesterday ‘Monday’ which was 64.56 US Dollars. According to Oman News Agency, the average price of Oman oil (December delivery 2025) stabilized at 65.04 US Dollars

Flamengo Faces Cruz Azul Tomorrow in FIFA Intercontinental Cup 2025

Doha: The “Americas Derby” match will take place tomorrow ‘Wednesday’ within the FIFA Intercontinental Cup 2025 in Qatar at Ahmad Bin Ali Stadium, between the Brazilian team Flamengo and the Mexican team Cruz Azul. According to Oman News Agency, this match represents the official start of the three final matches

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…