Thursday, November 5, 2026

Business

MSX 30 Index Falls by 16.2 Points Amid Increased Trading Activity

Muscat: Muscat Stock Exchange (MSX 30) index today closed at 5,089.01 points, dropping 16.2 points, or 0.32%, compared to the last trading session’s close of 5,072.81 points. According to Oman News Agency, the trading value reached RO 18,870,685, marking an increase of 16% compared to the last session’s value of

Hadatha Cybersecurity Forum Explores Strengthening Cooperation Between Public, Private Sectors

Muscat: The Hadatha Cybersecurity Forum, held at the “COMEX 2025” exhibition, reviewed investment in building a national cybersecurity industry, compliance with the highest international standards for providing services and solutions, and enhancing cooperation between the public and private sectors. The forum, organized by the Ministry of Transport, Communications and Information

Oil Rises on Middle East Tensions, Trade Concerns

Muscat: Oil prices rose today, supported by rising tensions in the Middle East and a call by US President Donald Trump for Europe to impose tariffs on buyers of Russian oil, though gains were limited by a weak market outlook. Brent crude futures rose 35 cents, or 0.53%, to $66.74

Dollar Steady Ahead of Key US Inflation Data

New york: The US dollar held steady today, maintaining earlier gains ahead of two key inflation reports this week-the Consumer Price Index (CPI) and Producer Price Index (PPI)-which are expected to offer fresh signals on the Federal Reserve’s policy outlook. According to Oman News Agency, the euro eased slightly to

Gold Prices Rise Amid Rate-Cut Speculations

Muscat: Gold prices today edged higher, holding above the critical $3,600-per-ounce level, buoyed by expectations of a US interest rate cut this month, while key inflation reports due this week were also on investors’ radar. Spot gold was up 0.3% at $3,635.329 per ounce, after hitting a record high of

Duqm Moves Toward a Circular Economy

Duqm: The circular economy is emerging as a promising path to foster sustainable economic growth, with international estimates suggesting it could generate up to $4.5 trillion in economic benefits by 2030. The Sultanate of Oman is increasingly prioritizing this approach as part of its efforts to achieve carbon neutrality by

Industrial Partnership Aims to Reduce Copper Imports

Muscat: Green Tech Mining Services Company and Nuhas Oman Company have entered into a memorandum of understanding (MoU) to explore the localization of copper cathode procurement. This initiative aligns with the Ministry of Commerce, Industry, and Investment Promotion’s strategy to enhance local content and reduce dependency on imports. According to

Oman Oil Price Gains 73 Cents

Muscat: Oman oil price for November delivery 2025 today reached 70.49 US Dollars, marking an increase of 73 cents compared to yesterday’s price of 69.76 US Dollars. According to Oman News Agency, the average price of Oman oil for September delivery 2025 has stabilized at 71.20 US Dollars per barrel.

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…