Thursday, November 5, 2026

Business

Liquidity Provider Assigned for Bank Muscat Shares on MSX

Muscat: In a strategic move aimed at enhancing market efficiency and deepening liquidity, Muscat Stock Exchange (MSX) marked the official commencement of Ubhar Capital’s role as the liquidity provider for Bank Muscat shares through a bell-ringing ceremony. According to Oman News Agency, this appointment follows the completion of all regulatory

OPEC+ Production Increase Aligns with Seasonal Summer Demand Surge: Expert Says

Muscat: The OPEC+ alliance’s agreement to gradually raise oil production by 548,000 barrels per day starting next August reflects the group’s effort to strike a delicate balance between supporting market stability and avoiding price pressures, particularly amid uncertainties surrounding the global economic outlook. According to Oman News Agency, Ali Abdullah

MSX Gains 15 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,565 points, gaining 15 points (0.33%) from the previous session’s close of 4,549.98 points. According to Oman News Agency, trading value decreased to RO 9,885,581, reflecting a 23.2% drop compared to the last session’s RO 12,869,516. The MSX report indicated

MSX Gains 25 Points as Trading Value Declines

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,549.98 points, gaining 25.2 points (0.56%) from the previous session’s close of 4,524.79 points. According to Oman News Agency, trading value decreased to RO 12,869,516, reflecting an 11.3% drop compared to the last session’s RO 14,503,985. The MSX report indicated

Gold Price Drops After US-Vietnam Trade Deal

Muscat: Gold prices declined today after a US-Vietnam trade deal eased tensions, while investors awaited the US payroll data later in the day for clues about the Federal Reserve’s policy path. According to Oman News Agency, spot gold lost 0.3% to $3,345.57 per ounce, while US gold futures lost 0.1%

Dollar Rises Slightly Amid Anticipation of US Jobs Data

Muscat: The dollar rose slightly today after the US-Vietnam trade agreement, as traders awaited jobs data to gauge the Federal Reserve’s interest rate outlook. The pound last fetched $1.3628, while the euro eased a touch to $1.1788, still near the September 2021 top it hit earlier this week. The yen

Oman Oil Price Rises 1.08 US Dollars

Muscat: Oman oil price for September delivery 2025 today reached 69.78 US Dollars, marking an increase of 1.08 US Dollars compared to yesterday’s price which stood at 68.70 US Dollars. According to Oman News Agency, the average price of Oman oil for July delivery 2025 has stabilized at 63.62 US

Oman Ranks Among Leading Nations in Compliance with International Insurance Supervision Standards

Basel: The International Association of Insurance Supervisors (IAIS), headquartered in Basel, Switzerland, has published a detailed assessment confirming the Sultanate of Oman’s advanced regulatory and supervisory framework for the insurance sector. The evaluation demonstrates Oman’s strong compliance with the Insurance Core Principles (ICPs). According to Oman News Agency, this follows

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…