Thursday, November 5, 2026

Business

OPAZ Inks MoU to Enhance Industrial and Economic Consultancy

Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) and the Gulf Organization for Industrial Consulting (GOIC) have signed a Memorandum of Understanding (MoU) in the field of industrial and economic consultancy. The agreement was signed by Sheikh Dr. Ali Masoud Al Sunaidy, Chairman of OPAZ, and

Permanent Committee for Statistics Holds Its First Meeting of 2025

Muscat: The Permanent Committee for Statistics convened its first meeting of 2025 today under the chairmanship of Dr. Khalifa Abdullah Al Barwani, Chief Executive Officer of the National Centre for Statistics and Information (NCSI), with the participation of committee members representing various government entities involved in the statistical sector. According

Tender Results of Government Treasury Bills Worth RO 176 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 176.050 million. The value of the allotted Treasury bills amounted to RO 43.8 million, for a maturity period of 91 days. The average accepted price reached RO 98.980 for every RO 100, and the minimum accepted price arrived at

Oman’s Electricity Production Rises by 9% by End of July 2025

Muscat: The Sultanate of Oman has experienced a 9% increase in total electricity production by the end of July 2025. The production reached 30,239.3 gigawatt-hours (GWh), a notable rise from 27,746.9 GWh during the same period in 2024. According to Oman News Agency, preliminary statistics from the National Center for

Dollar Stabilizes Ahead of Fed Meeting

Muscat: The US dollar today held steady ahead of a pivotal week filled with central bank decisions led by the Federal Reserve, while the euro hardly reacted to Fitch’s downgrade of France’s credit rating. The euro last traded 0.09% lower at $1.1724 in its latest trading, while the dollar steadied

Oil Stabilizes Amid Anticipation of US Fuel Demand

Muscat: Oil prices today stabilized, amid expectations of growing US fuel demand. Brent crude futures edged up 3 cents to $67.02, while US West Texas Intermediate (WTI) crude was at $62.77 a barrel, up 8 cents. Both contracts gained more than 1% last week. According to Oman News Agency, the

Gold Prices Hold Steady as Traders Anticipate Federal Reserve Rate Cut

Muscat: Gold prices today remained steady as investors awaited a widely expected rate cut by the US Federal Reserve this week, while profit-taking and a firmer dollar kept gains in check. Spot gold held its ground at $3,642.65 per ounce. According to Oman News Agency, US gold futures for December

Oman Oil Price Gains 1.38 US Dollars

Muscat: Oman oil price (November delivery 2025) today reached 70.97 US Dollars, comprising a rise by 1.38 US Dollars compared to the price of last Friday which stood at 69.59 US Dollars. According to Oman News Agency, the average price of Oman oil (September delivery 2025) has stabilized at 71.20

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…