Thursday, November 5, 2026

Business

MSX Loses 6 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,500.87 points, declining by 6.2 points (0.14%) from the previous session’s close of 4,507.03 points. According to Oman News Agency, the trading value decreased to RO 12,833,756, reflecting a 1.6% drop compared to the last session’s RO 13,046,465. The MSX

Tender Results of Government Treasury Bills Worth RO 39 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 39 million. The value of the allotted Treasury bills amounted to RO 4 million, for a maturity period of 28 days. The average accepted price reached RO 99.705 for every RO 100, and the minimum accepted price arrived at

China’s Non-Manufacturing Sector Shows Slight Growth in June

Beijing: The purchasing managers’ index (PMI) for China’s non-manufacturing sector reached 50.5 in June, reflecting a 0.2 percentage point increase from the previous month, as revealed by official data today. A PMI reading above 50 signifies expansion, while a reading below 50 indicates contraction. According to Oman News Agency, the

Dollar Drops as Optimism Over US Trade Deals Grows

New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal Reserve interest rate cuts. The dollar index, which measures the US currency against six major counterparts, including the euro, sterling,

Oil Prices Decline as Geopolitical Risks in Middle East Recede

Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August bolstered supply expectations. Brent crude futures for August delivery fell 66 cents, or 0.97%, to $67.11 a barrel, while the

Gold Falls to One-Month Low as Trade Tensions Ease

Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at US$3,264.64 per ounce, after hitting its lowest level since 29 May 2025. US gold futures fell 0.4% to US$3,275.30. According

GCC Inflation Rate Falls to 1.7% in 2024, Showing Economic Stability

Muscat: The average inflation rate in the GCC countries stood at 1.7% in 2024, compared to 2.2% in 2023, according to the latest data released by GCC-Stat. According to Oman News Agency, the data show a variation in the rates of change across the main groups, with the housing group

Oman Oil Price Rises 14 Cents

Muscat: Oman oil price for August delivery 2025 has increased to 68.61 US Dollars, marking a rise of 14 cents compared to last Friday’s price of 68.47 US Dollars. According to Oman News Agency, the average price of Oman oil for June delivery 2025 has stabilized at 67.87 US Dollars

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…