Thursday, November 5, 2026

Business

Foreign Investment in GCC Countries Reaches $523.4 Billion

Muscat: The Gulf Cooperation Council (GCC) countries have witnessed a steady increase in foreign investment, with total incoming foreign direct investment (FDI), excluding intra-GCC investments, reaching approximately $523.4 billion in 2023. This confirms the growing international confidence in the Gulf business environment. Muscat: The Gulf Cooperation Council (GCC) countries have

MSX 30 Index Declines Amid Increased Trading Activity

Muscat: The Muscat Stock Exchange’s main index, MSX 30, concluded today’s trading at 5,598.45 points, recording a decline of 48.7 points, or 0.86 percent, from the previous session’s close of 5,647.10 points. According to Oman News Agency, the total value of shares traded reached RO 31,598,239, marking an increase of

Oman Engages in Baghdad Workshop on National Register and Vital Statistics System

Baghdad: The Sultanate of Oman is participating in a two-day workshop in Baghdad, Republic of Iraq, focusing on unifying visions and efforts regarding the system of national register and vital statistics. The workshop, themed ‘Your Document, Your Identity, Your Future,’ brings together regional experts to discuss advancements in civil registration

CBO Launches Official Symbol for Omani Rial

Muscat: The Central Bank of Oman (CBO) has officially launched the symbol for the local currency, the Omani Rial. This achievement marks a significant national milestone that embodies the Omani identity and enhances the currency’s standing in global markets. According to Oman News Agency, Ahmed Ja’afar Al Musalami, Governor of

MSX Drops 4 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,617.59 points, registering a drop of 4.6 points, equivalent to 0.08 percent, from its previous close of 5,622.23 points. According to Oman News Agency, trading activity witnessed a decrease, with total market turnover reaching RO 24,873,493, representing a

Oman Vision 2040: Five Years of Transformational Achievement Across National Sectors

Muscat: The initial five-year phase of Oman’s Vision 2040 has culminated in the realization of over one hundred distinct national accomplishments spanning its four fundamental pillars. According to Oman News Agency, this period witnessed the execution of hundreds of strategic projects, initiatives, and programs that have tangibly advanced the nation’s

Oman Oil Price Rises 24 Cents

Muscat: Oman oil price for January delivery 2026 has increased by 24 cents, reaching 64.75 US Dollars. This marks an increase from the previous day’s price of 64.51 US Dollars. According to Oman News Agency, the average price of Oman oil for November delivery 2025 has stabilized at 70.01 US

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…