Thursday, November 5, 2026

Business

IMF Mission Highlights Strong Economic Growth and Future Outlook for Oman

Muscat: The meetings of the International Monetary Fund (IMF) experts mission to the Sultanate of Oman, within the framework of the 2025 Article IV Consultations, concluded in Muscat. During these meetings, discussions were held with government officials, as well as representatives from the private and banking sectors, to review the

MSX Closes at 5635 Points

Muscat: The Muscat Stock Exchange’s main index, MSX 30, concluded today’s trading at 5,635.99 points, recording a drop of 0.8 point, or 0.01 percent, from the previous session’s close of 5,636.77 points. According to Oman News Agency, the total value of shares traded reached RO 26,344,853, marking a decrease of

PDO Commits RO 830,000 for Sustainable Development Across Oman

Muscat: Petroleum Development Oman (PDO) has signed 11 funding agreements, reaffirming its commitment to sustainable development and national capacity building. The agreements are valued at approximately RO 830,000 and encompass sectors such as education, healthcare, community infrastructure, and the environment. According to Oman News Agency, Eng. Mohammed Ali Al Aghbari,

Oman Oil Price Rises 61 Cent

Muscat: Oman oil price for January delivery 2026 has increased to 63.29 US Dollars, marking a rise of 61 cents compared to yesterday’s price of 62.68 US Dollars. According to Oman News Agency, the average price of Oman oil for November delivery 2025 has stabilized at 70.01 US Dollars per

Oman Oil Price Rises 1 Cent

Muscat: Oman oil price for January delivery 2026 today reached 62.68 US Dollars, marking a rise of 1 cent compared to the previous price of 62.67 US Dollars last Friday. According to Oman News Agency, the average price of Oman oil for November delivery 2025 has stabilized at 70.01 US

Gold Prices Drop as US Dollar Strengthens and Fed Cut Expectations Dim

New york: Gold prices declined today as the US dollar held near a six-month high and expectations for a Federal Reserve interest rate cut in December receded. Spot gold fell 0.3% to $4,051.48 per ounce, while December futures edged up 0.7% to $4,049.50 per ounce. According to Oman News Agency,

Oil Extends Losses on Russia-Ukraine Peace Hopes

Muscat: Oil prices slipped today, extending last week’s decline, on progress in Russia-Ukraine peace talks and a stronger US dollar. Brent crude futures declined 14 cents, or 0.22%, to $62.42 per barrel. West Texas Intermediate (WTI) futures slipped 15 cents, or 0.26%, to $57.91 per barrel. According to Oman News

Tender Results of Government Treasury Bills Worth RO 4 Million Revealed

Muscat: The total issuance of Government Treasury Bills amounted to RO 4 million this week, for a maturity period of 91 days. The average accepted price reached RO 99.055 for every RO 100, and the minimum accepted price arrived at RO 99.055 per RO 100. The average discount rate and

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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…