Thursday, November 5, 2026

Business

Oil Rises Over 1% Amid Supply Concerns

New york: Oil prices rose by more than one percent today, extending gains for the second consecutive day, amid a mix of supply risks linked to sanctions and hopes for progress in US-China trade talks. Brent crude futures climbed 94 cents, or 1.5%, to $62.26 a barrel, while US West

Oman Airports Forge Path to Future with New Intelligent Campus Showcase

Muscat: Oman Airports has launched its Intelligent Campus Showcase at Muscat International Airport, in partnership with global technology leader Huawei. The initiative represents a significant advancement in Oman’s aviation sector transformation, demonstrating a strategic commitment to developing more intelligent, efficient and digitally connected airports that align with future transportation needs.

Oman Investment Forum 2025 Boosts Strategic Economic Partnership with UK

London: The Sultanate of Oman, represented by the Ministry of Finance in cooperation with the Foreign Ministry, held the ‘Oman Investment Forum 2025’ in London today, with the aim of strengthening financial, investment, and economic cooperation between the two sides. The forum seeks to boost investor confidence in Oman’s financial

Business Forum in Muscat Promotes Omani-Qatari Trade Relations

Muscat: The Ministry of Commerce, Industry and Investment Promotion is hosting a two-day business forum in Muscat, bringing together representatives from Omani and Qatari trade companies to explore potential partnerships and economic collaboration. According to Oman News Agency, Sheikh Mubarak bin Fahad Al Thani, Ambassador of the State of Qatar

77th Issue of Government Development Bonds Launched by Auction Method

Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance (MOF), the Central Bank of Oman (CBO) announced the new issue of Government Development Bonds. According to Oman News Agency, the size of the new issue is set at RO 80 million, with a

Madayn Launches Tender for Phase 1 of Al Suwaiq Industrial City

North al batinah: The Public Establishment for Industrial Estates ‘Madayn’ has officially launched the tender for the implementation of infrastructure and utilities in Phase 1 of Al Suwaiq Industrial City in North Al Batinah Governorate. According to Oman News Agency, this phase will cover the development of a 5-million-sqm area,

MSX Gains 97 Points

Muscat: Muscat Stock Exchange (MSX 30) Index closed at 5,458.64 points today, gaining 97.8 points (1.82%) from the previous session’s close of 5,360.89 points. Trading value reached RO 72.62 million, reflecting a 1.8% decrease compared to the previous session’s RO 73.98 million. According to Oman News Agency, a market report

President of Botswana Explores Investment Opportunities in Oman

Muscat: President Duma Gideon Boko of the Republic of Botswana was briefed today on investment opportunities during his visit to Oman Investment Authority (OIA), as part of his visit to the Sultanate of Oman. Upon his arrival at the OIA headquarters, the guest was received by Abdulsalam bin Mohammed Al

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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…