Thursday, November 5, 2026

Business

MSX Experiences a 10-Point Decline

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,770.45 points, marking a drop of 10.5 points (0.22%) from the previous session’s close of 4,780.98 points. According to Oman News Agency, the trading value reached RO 18,314,195, reflecting a 1.17% decrease compared to the last session’s RO 22,090,071. The

GCC Total GDP at Constant Prices Exceeds $456 Billion

Muscat: The gross domestic product (GDP) at constant prices for the Gulf Cooperation Council (GCC) countries rose by 3.3% by the end of the fourth quarter of 2024, reaching $456.3 billion, compared to $442.3 billion during the same period in 2023. According to Oman News Agency, the latest statistics released

Oman, Hong Kong Discuss Joint Investment Cooperation

Hong kong: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), met with John Lee Ka-chiu, Chief Executive of the Hong Kong Special Administrative Region. During the meeting, the two sides reviewed areas of bilateral cooperation between Oman and Hong Kong in the economic, trade, and investment sectors,

MSX Rises 31 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,780.98 points, marking a rise of 31.8 points (0.67%) from the previous session’s close of 4,749.15 points. Trading value reached RO 22,090,071, reflecting a 7.6% increase compared to the last session’s RO 20,522,415. According to Oman News Agency, the MSX

Gold Rebounds from 1-Month Low

Muscat: Gold prices rebounded today from a one-month low hit in the previous session, as trade uncertainty pushes demand. Spot gold was up 0.4% at $3,286.99 per ounce, recovering from its lowest level since June 30 reached in the previous session. According to Oman News Agency, US gold futures fell

Oil Prices Rise for Fourth Day Amid Supply Concerns

Muscat: Oil prices rose for a fourth straight day today, as investors worried about supply shortages. Brent crude futures for September delivery, which are set to expire on Thursday, rose 27 cents, or 0.4%, to $73.51 a barrel, while US West Texas Intermediate (WTI) crude for September gained 37 cents,

Oman Officially Joins World Free Zones Organization

Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) has officially joined the World Free Zones Organization (World FZO), an entity dedicated to supporting and developing free and economic zones globally. This membership marks a significant step in Oman’s efforts to enhance its special economic zones, free

European Stocks Rise on Earnings, US Trade Deal

Muscat: European stocks today climbed amid a wave of corporate earnings, while investors assessed the implications of a trade agreement signed this week between the US and the European Union (EU). According to Oman News Agency, the STOXX 600 European index rose by approximately 0.51 percent, or about 2.86 points,

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…