Muscat: Deliberations of the first edition of “Muscat Arbitration Days” conference commenced today. Organized by Oman Commercial Arbitration Centre (OAC), the conference was inaugurated under the patronage of Abdul Salam Mohammed Al Murshidi, Chairman of Oman Investment Authority. According to Oman News Agency, the two-day conference aims to enhance the
Muscat: The general consumer price index (CPI) in the Sultanate of Oman recorded an increase of 1.5 percent in October 2025 compared to the corresponding month in 2024, based on the base year 2018. The average inflation rate for the period from January to October of the current year also
Muscat: Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1% in the previous session. US West Texas Intermediate crude
Muscat: Gold regained ground today following a 1% drop in the previous session. Spot gold rose 0.1% to $4,212.50 per ounce, after falling more than 1% in the previous session. US gold futures for December delivery were up 0.7% at $4,250.80 per ounce. According to Oman News Agency, elsewhere in
Muscat: The US dollar held steady today as investors shifted their focus to other currencies, amid growing expectations that potential US interest rate cuts next year could pressure the greenback. The Australian dollar touched its highest level in three weeks at $0.6576 during morning trading before easing slightly after GDP
Muscat: Oman oil price for February delivery 2026 has reached 63.43 US Dollars, reflecting a decline of 44 Cents compared to yesterday’s price of 63.87 US Dollars. According to Oman News Agency, the average price of Oman oil for December delivery 2025 stabilized at 65.04 US Dollars per barrel. This
Muscat: Gold prices retreated from a three-week high in early Asian trading today amid growing expectations of a US interest rate cut later this month. Spot gold slipped about 0.2% to $4,221.68 per ounce, after touching its highest level since 13 November 2025. According to Oman News Agency, US gold
New york: The dollar began the month of December on a softer note as investors ramped up bets of a US interest rate cut later this month. Against a basket of currencies, the greenback was down 0.05% to 99.39, having lost 0.7% last week. According to Oman News Agency, the
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…
El Eulma:Algeria The Sultanate of Oman is showcasing its cinematic talent at the Algeria International Contemporary Cinema Days with its short film “Beta Carotene.” Directed by Mohammed Al Daroushi, the film is part of the inaugural events taking plac…
Muscat:The Otology and Ear Surgery team at the University Medical City has successfully completed the first middle ear hearing implant surgery in the Sultanate of Oman. This two-hour operation has restored hearing for a female patient who had been suf…
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of civilizational contact, characterized by commercial exchange and people-to-people interactions. Ancient maritime trade routes fa…
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…
