Thursday, November 5, 2026

Business

Khazaen Dry Port Enhances Integration with Sohar Port

Muscat: Khazaen Dry Port, part of Asyad Group, has been officially designated as a final destination for receiving containers from global ports. The port has also inaugurated a secure customs corridor with Sohar Port, reinforcing the integration of Omani ports and boosting the efficiency of national supply chains. According to

MSX Gains 7 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,863.32 points, marking a rise of 7.8 points (0.16%) from the previous session’s close of 4,855.52 points. Trading value reached RO 28,875,844, reflecting a 38% increase compared to the last session’s RO 20,921,057. According to Oman News Agency, the MSX

Tender Results of Government Treasury Bills Worth RO 28.5 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 28.5 million. The value of the allotted Treasury bills amounted to RO 5 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

Smart Cities in Oman: A Quest for Harmonious Path Between Heritage, Modernity

Muscat: The Sultanate of Oman is striving to develop smart cities that align with contemporary demands while fostering a connection between the past and present, embodying national identity and its imperatives as part of urban transformation. According to Oman News Agency, the vision for the construction sector emphasizes enhancing the

Regulatory Framework for Promising Companies Index Announced

Muscat: The Financial Services Authority has unveiled the regulatory framework for the Promising Companies Index, as part of the Royal Decree’s implementation to establish a specialized sub-index within the Muscat Stock Exchange titled “Promising Companies Index.” According to Oman News Agency, this initiative is aimed at developing the legislative and

MSX 30 Index Rises by 5.8 Points Amid Decline in Trading Value

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,855.52 points, marking a rise of 5.8 points (0.12%) from the previous session’s close of 4,849.71 points. According to Oman News Agency, despite the increase in the index, the overall trading value experienced a notable decline. Trading value reached RO

Oil Prices Hold Steady Amid Oversupply Concerns

Abu dhabi: Crude oil prices held steady today, following three consecutive days of declines, as traders weighed concerns over potential oversupply and geopolitical risks affecting Russian crude exports. Brent crude futures were unchanged at $68.76 per barrel, while US West Texas Intermediate (WTI) edged down by 0.03% to $66.27 per

Gold Edges Higher Amid Softer Dollar, Lower US Yields

Muscat: Gold nudged higher for a fourth session today, supported by a softer dollar and lower Treasury yields as weaker-than-expected US jobs data strengthened expectations of a rate cut in September. Spot gold was up 0.1% at $3,375.89 per ounce. US gold futures also gained 0.1% to $3,430.40. According to

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…