Muscat: Oil prices steadied in early trading today after falling for three consecutive sessions as a US trade deal with Japan signaled progress on tariffs and a poll showed US crude stockpiles fell last week, indicating stronger demand. Brent crude futures rose 33 cents, or 0.48%, to $68.92 a barrel.
Muscat: The US dollar declined today against the Japanese yen, following an announcement by US President Donald Trump of a trade agreement with Japan ahead of an imminent tariff deadline. President Trump said that the agreement includes a $550 billion investment by Japan in the United States, and a 15%
Muscat: Gold eased today as risk appetite improved despite a soft dollar and lower Treasury yields. Spot gold was down 0.2% at $3,423.44 per ounce, after hitting its highest point since 16 June 2025 earlier in the session. US gold futures also slipped 0.2% to $3,437.70. According to Oman News
Muscat: Future Fund Oman (FFO) has demonstrated positive performance during its first year of operations, having approved 44 projects with a total project value of approximately RO 1.2 billion. According to Oman News Agency, FFO’s contribution to these projects amounted to RO 333 million, while foreign capital contributions reached RO
Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,674.40 points, marking a rise of 20.1 points (0.43%) from the previous session’s close of 4,654.34 points. Trading value increased to RO 28,509,800, reflecting a 59.9% drop compared to the last session’s RO 17,821,522. According to Oman News Agency, the
Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, met today at the Ministry’s headquarters with a number of entrepreneurs working in the vehicle repair and maintenance sector. According to Oman News Agency, this meeting is part of a series of direct engagements conducted by the Ministry
Brussels: Eurozone industrial production experienced a notable recovery in May, driven by a significant rebound in non-durable consumer goods output, as reported by Eurostat today. The industrial output in the region rose by 1.7% on a monthly basis, surpassing economists’ expectations of a 0.6% increase. This growth marks a sharp
Muscat: The Muscat Stock Exchange (MSX) 30 Index today closed at 4,612.52 points, marking a drop of 14 points (0.30%) from the previous session’s close of 4,626.57 points. Trading activity saw a significant rise as the trading value increased to RO 24,204,384, reflecting a 129.6% surge compared to the last
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…
