Thursday, November 5, 2026

Business

Oman’s GDP Records 2.1% Growth at Constant Prices

Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at constant prices recorded a growth rate of 2.1 percent in the second quarter of 2025. It reached a market price value of RO 9,363.5 million, compared to RO 9,168.9 million during the same period in 2024. According to

Initiatives Approved to Facilitate Flow of Goods Between Oman and Saudi Arabia

Muscat: The Sultanate of Oman and the Kingdom of Saudi Arabia today adopted mutual recognition of certificates of origin between the two countries, facilitating the smooth flow of goods and enhancing industrial and commercial integration. This came during a bilateral meeting held today at the Ministry of Commerce, Industry and

OPAZ Board of Directors Holds Third Meeting

Muscat: The Board of Directors of the Public Authority for Special Economic Zones and Free Zones (OPAZ) held its third meeting this year, chaired by Sheikh Dr. Ali Masoud Al Sunaidy, Chairman of the Board. The meeting addressed key initiatives and strategies for the development and management of the economic

Oman Oil Price Declines 1.11 US Dollars

Muscat: Oman oil price (November delivery 2025) today reached 68.11 US Dollars, comprising a drop by 1.11 US Dollars compared to the price of yesterday Monday which stood at 69.22 US Dollars. According to Oman News Agency, the average price of Oman oil (September delivery 2025) has stabilized at 71.20

Oman, Saudi Arabia Discuss Ways to Enhance Financial, Industrial Cooperation

Muscat: Sultan Salim Al Habsi, Minister of Finance, held a meeting today with Dr. Saad Othman Al Qasabi, Governor of the Saudi Standards, Metrology and Quality Organization (SASO). During the meeting, held at Oman Convention and Exhibition Centre, the two sides discussed means of enhancing bilateral cooperation and exchanged views

Joint Omani-Saudi Business Council Explores Cooperation Opportunities

Muscat: The Joint Omani-Saudi Business Council held a meeting on the sidelines of the Omani-Saudi Franchise Exhibition to discuss aspects of economic cooperation opportunities between the two countries. The meeting was co-chaired by Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, and Dr. Saad Othman Al Qasabi,

MSX 30 Index Falls by 11 Points Amid Decrease in Trading Value

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5181.62 points, marking a drop of 11.7 points or 0.22% from the previous session’s close of 5193.27 points. According to Oman News Agency, the trading value reached RO 24,848,088, reflecting a 38.8% decrease compared to the last session’s RO 40,571,094.

Saudi Delegation Briefed on Oman’s Entrepreneurship Experience

Muscat: Halima Rashid Al Zari’ee, Chairperson of the Public Authority for Small and Medium Enterprises Development ‘Riyada’, today received Sami bin Ibrahim Al Husaini, Governor of the Small and Medium Enterprises General Authority (Monsha’at) of the Kingdom of Saudi Arabia, and his accompanying delegation at Riyada’s headquarters. According to Oman

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…