Thursday, November 5, 2026

Business

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

European Stocks Rise on Rate Cut Hopes

London: The European stocks rose today as investors awaited a series of earnings reports and data, while investor sentiment improved due to hopes that the Federal Reserve (the US central bank) will cut interest rates at its monetary policy meeting in September. According to Oman News Agency, the European Stoxx

MSX Gains 17 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,817.01 points, marking a rise of 17.1 points (0.36%) from the previous session’s close of 4,799.87 points. Trading value reached RO 23,483,011, reflecting a 32.1% decline compared to the last session’s RO 34,559,970. According to Oman News Agency, the MSX

Oman and Mongolia Explore Partnership Opportunities in Economic and Investment Sectors

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of Oman Investment Authority (OIA), today held a meeting in Ulaanbaatar with Battsetseg Batmunkh, Minister of Foreign Affairs of Mongolia. During the meeting, Al Murshidi and Batmunkh affirmed the depth of relations between the Sultanate of Oman and the Republic of Mongolia. They discussed

Registered Vehicles in Oman Rise by 5.5%

Muscat: The total number of registered vehicles in the Sultanate of Oman increased by 5.5% by the end of June 2025, reaching 1,798,062 vehicles compared to June of the previous year. According to Oman News Agency, private vehicles accounted for the largest share of registered vehicles in Oman, making up

Oman Oil Price Declines 80 Cents

Muscat: Oman oil price for October delivery 2025 has reached 70.36 US Dollars, marking a decline of 80 cents from the previous day’s price of 71.16 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

Oman and Mongolia Discuss Investment Cooperation Opportunities

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), and his delegation engaged in discussions with Gombojavyn Zandanshatar, Prime Minister of Mongolia, in Ulaanbaatar, Mongolia’s capital. During the meeting, the Mongolian Prime Minister expressed interest in strengthening cooperation with Oman and emphasized the importance of forming a

Oman Oil Price Declines 2.55 US Dollars

Gaza: Oman oil price for October delivery 2025 has fallen to 71.16 US Dollars today, marking a decrease of 2.55 US Dollars compared to last Friday’s price of 73.71 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has remained steady at

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…