Thursday, November 5, 2026

Business

Oman and Azerbaijan Explore New Avenues for Investment and Economic Cooperation

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, today received Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, to discuss enhancing economic and investment cooperation between the two nations. According to Oman News Agency, the meeting focused on developing commercial and investment relations between

Excavation Begins on Tunnels for Joint Omani-Emirati Rail Network Project

Hafeet rail: The developer and operator of the Joint Omani-Emirati Railway Network Project, announced today the start of tunnel excavation work in the Al Hajar Mountains in the Al Buraimi Governorate. This marks a major qualitative launch for one of the most critical and transformative stages of the project. According

Oman Participates in GCC Economic Meeting in Kuwait

Kuwait city: The Sultanate of Oman participated today in the 13th meeting of the Senior Officials Committee of the Economic and Development Affairs Authority of the GCC, held in the State of Kuwait. The Omani delegation was headed by Dr. Nasser Rashid Al Maawali, Undersecretary of the Ministry of Economy.

Omani-Bahrain Economic Forum to Explore Cooperation, Partnerships

Muscat: Oman Chamber of Commerce and Industry (OCCI) will organize an Omani-Bahraini economic forum in Muscat on Tuesday 7 October 2025 to explore opportunities for cooperation and partnership among private sector establishments, business owners and investors from the Sultanate of Oman and the Kingdom of Bahrain. According to Oman News

MSX Drops 32 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5210.77 points, marking a rise of 32.3 points or 0.62% from the previous session’s close of 5178.50 points. Trading value reached RO 35,525,787 reflecting a 17.4% decrease compared to the last session’s RO 43,005,123. According to Oman News Agency, the

Advantage Oman Business Dialogue Held in Indonesia

Jakarta: Invest Oman, representing the Ministry of Commerce, Industry and Investment Promotion, is organizing the “Advantage Oman” Business Dialogue- Indonesia, bringing together a select group of prominent investors and senior executives from over 30 leading Indonesian companies. The dialogue will focus on strategic economic sectors of mutual priority, including mining,

Oman Records Trade Surplus Exceeding RO 3.5 Billion

Muscat: The Sultanate of Oman recorded a trade surplus of RO 3.555 billion by the end of July 2025, compared to a surplus of RO 5.432 billion during the same period in 2024, reflecting a decrease of 34.6 percent. According to Oman News Agency, preliminary statistics issued by the National

Gold Price Drops as Dollar Rises

Muscat: Gold eased today from the record high hit the day before, pressured by profit-taking and a slight uptick in the dollar, although expectations of further US rate cuts and political uncertainty lent some support to prices. Spot gold was down 0.2% at $3,858.50 per ounce, after hitting an all-time

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…