New york: The U.S. dollar today edged higher, striving to stabilize after a sharp decline triggered by Federal Reserve Chair Jerome Powell’s unexpectedly dovish commentary last week. The greenback’s attempted recovery follows a selloff that drove it to a four-week low against the euro. According to Oman News Agency, in
Muscat: Oil prices advanced modestly today, supported by growing optimism for a U.S. interest rate cut that could stimulate economic growth and bolster global fuel demand. Brent crude futures edged up by 6 cents to settle at $67.79 a barrel, while West Texas Intermediate (WTI) crude futures gained 9 cents
Muscat: The total issuance of Government Treasury Bills amounted to RO 35.98 million. The value of the allotted Treasury bills amounted to RO 10 million, for a maturity period of 28 days. The average accepted price reached RO 99.700 for every RO 100, and the minimum accepted price arrived at
Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5009.92 points, marking a rise of 5.3 points (0.11%) from the previous session’s close of 5004.65 points. According to Oman News Agency, the trading value reached RO 39,921,711, reflecting an 18.8% increase compared to the last session’s RO 33,600,207. The
Sohar: Sohar Industrial City, an affiliate to the Public Establishment for Industrial Estates ‘Madayn’, has recently localised six projects with a total investment volume exceeding RO 27 million. These projects will be developed on an area spanning 162,000 sqm, representing oil, steel, food, marble, tile, and wood industries. According to
Muscat: Oman oil price for October delivery 2025 today reached 70.05 US Dollars, marking an increase of 7 cents compared to last Friday’s price of 69.98 US Dollars. According to Oman News Agency, the average price of Oman oil for August delivery 2025 has stabilized at 69.37 US Dollars per
Muscat: The US dollar fell to its lowest level in several weeks against major currencies today, amid market expectations that the US Federal Reserve will resume cutting interest rates next month. The dollar index, which measures the performance of the US currency against a basket of major currencies, dropped to
Muscat: Nama Water Services has announced the creation of more than 800 new job opportunities in project-related roles within supporting companies, including consultants and contractors executing strategic projects across various governorates of the Sultanate of Oman. This initiative aligns with the company’s commitment to enhancing national workforce participation in vital
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…
