Thursday, November 5, 2026

Business

Oman Oil Price Gains 1.12 US Dollars

Muscat: Oman oil price for November delivery 2025 today reached 71.64 US Dollars, marking a rise of 1.12 US Dollars compared to Monday’s price, which stood at 70.52 US Dollars. According to Oman News Agency, the average price of Oman oil for September delivery 2025 has stabilized at 71.20 US

OPAZ Showcases Investment Opportunities at Pharmaconex Exhibition in Cairo

Cairo: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has showcased investment opportunities in the pharmaceutical sector to international companies taking part in Pharmaconex 2025 exhibition currently being held in Cairo. According to Oman News Agency, Oman’s delegation at the exhibition comprises specialists from OPAZ, the Public

MSX Climbs 72 Points Amid Surge in Trading Volume

Muscat: The Muscat Stock Exchange (MSX 30) index today closed at 5,102.18 points, marking an increase of 72.3 points, or 1.44%, from the previous trading session’s close of 5,029.89 points. According to Oman News Agency, the trading value saw a substantial rise, reaching RO 51,799,728, which represents an increase of

Real Estate Trading Value in Oman Exceeds RO 1.5 Billion

Muscat: The total value of real estate traded in the Sultanate of Oman reached approximately RO 1.593 billion by the end of July 2025. This marks a 7.9 percent decrease compared to the same period in 2024, when the value was RO 1.7302 billion. According to Oman News Agency, data

Tender Results of Government Treasury Bills Worth RO 8 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 8 million. The value of the allotted Treasury bills amounted to RO 8 million, for a maturity period of 91 days. The average accepted price reached RO 98.955 for every RO 100, and the minimum accepted price arrived at

Gold, Silver Hit Record Highs on Fed Rate Cut Hopes

Muscat: Gold and silver prices surged to record highs today, supported by expectations of a US Federal Reserve interest rate cut in September. Spot gold rose 0.8% to $3,475.72 per ounce, its highest level since April 23, while US gold futures for December delivery gained 0.9% to $3,546.10. According to

Oil Edges Lower Amid Rising Output, US Tariffs Worries

Muscat: Oil prices edged lower today, pressured by signs of higher production and concerns over the impact of US tariffs on demand. Brent crude futures fell 12 cents, or 0.18%, to reach $67.36 per barrel, while US West Texas Intermediate (WTI) crude dropped 13 cents, or 0.2%, to $63.88 per

Japan’s Nikkei Dips to Three-Week Low Amid Chip Stock Decline

Tokyo: Japan’s Nikkei share average fell to a three-week low today as chip-related stocks slumped, tracking a technology-led sell-off on Wall Street last Friday. According to Oman News Agency, the Nikkei dropped more than 2% to 41,849.82 at the midday break, after earlier touching 41,843.96, its lowest level since August

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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…