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
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
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
Tokyo: The dollar was adrift today as markets looked ahead to a raft of US labor market data this week that could determine the size of the Federal Reserve’s expected rate cut later this month. The dollar rose 0.1% against the yen to 147.20 in the early Asian session. According
Muscat: The Ministry of Energy and Minerals has unveiled new investment opportunities in four concession areas, open for competition among local and international companies as part of the 2025 Mining Bidding Round. According to Oman News Agency, this initiative aligns with the ministry’s efforts to boost investment in the mining
Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5014.39 points, marking a rise of 4.5 points (0.09%) from the previous session’s close of 5009.92 points. According to Oman News Agency, the trading value reached RO 22,530,079, reflecting a 43.6% increase compared to the last session’s RO 39,921,711. The
Muscat: Gold today rose to a two-week high, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since 11 August 2025 earlier in the session. According to Oman
Muscat: The US dollar today surrendered gains in early trading in Asia after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position. The dollar index fell 0.3% to 98.187 after Trump made the announcement in a letter to Cook that he posted on
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…
El Eulma:Algeria The Sultanate of Oman is showcasing its cinematic talent at the Algeria International Contemporary Cinema Days with its short film “Beta Carotene.” Directed by Mohammed Al Daroushi, the film is part of the inaugural events taking plac…
Muscat:The Otology and Ear Surgery team at the University Medical City has successfully completed the first middle ear hearing implant surgery in the Sultanate of Oman. This two-hour operation has restored hearing for a female patient who had been suf…
Muscat:Cultural relations between the Sultanate of Oman and the People’s Republic of China trace back to a rich history of civilizational contact, characterized by commercial exchange and people-to-people interactions. Ancient maritime trade routes fa…
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…
