Muscat: Oil prices today fell after US President Donald Trump’s lengthy 50-day deadline for Russia to end the Ukraine war and avoid sanctions eased immediate supply concerns. Brent crude futures fell 25 cents to $68.96 a barrel, while US West Texas Intermediate crude futures fell 34 cents to $66.64. Both
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 Ministry of Heritage and Tourism, in cooperation with the Ministry of Labour, has endorsed 73 new professional designations for the hotel and tourist resort sector. This initiative is part of efforts to regulate and develop the tourism sector and enhance the labour market’s readiness to accommodate qualified national
Muscat: Bank Muscat today announced its preliminary unaudited results for the six months ended on 30 June 2025, which indicate that the Bank posted a net profit of RO 125.82 million for the period compared to RO 112.12 million reported during the same period in 2024, an increase of 12.2
Muscat: Oman oil price for September delivery 2025 today reached 72.59 US Dollars, marking a rise of 2.23 US Dollars compared to last Friday’s price of 70.36 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has stabilized at 63.62 US Dollars
Muscat: The total issuance of Government Treasury Bills amounted to RO 10.25 million. The value of the allotted Treasury bills amounted to RO 10.25 million, for a maturity period of 91 days. The average accepted price reached RO 98.941 for every RO 100, and the minimum accepted price arrived at
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…
