Thursday, November 5, 2026

Business

Oman Electricity & Energy Conference to Kick Off in October 2025

Muscat: The fourth edition of the Oman Electricity and Energy Conference 2025 will take place from 13-15 October 2025 at the Oman Convention and Exhibition Center. The event is organized by Nama Electricity Distribution Company. According to Oman News Agency, the announcement came during a press conference held today in

Consumer Price Index in Oman Rises by 0.6pc in May 2025

Muscat: The Consumer Price Index (CPI) in the Sultanate of Oman recorded a 0.6% increase in May 2025 compared to the same month last year, according to data released by the National Centre for Statistics and Information (NCSI). According to Oman News Agency, the report showed that personal goods and

Omani Standards Store Represents Digital Transformation in Supporting Product Quality

Muscat: The Omani Standards Store has emerged as one of the strategic projects contributing to strengthening quality infrastructure and enhancing efficiency standards for quality and reliability across various production and service sectors. According to Oman News Agency, this digital platform forms a fundamental pillar in Oman’s quality infrastructure system through

European Stocks Decline at Start of Trading as Tensions Rise in the Middle East

Muscat: European stock indices declined at the beginning of today’s trading: European stock indices experienced a downturn as trading commenced. According to Oman News Agency, the Stoxx 600 index fell by 0.3 percent to reach 535.11 points, while major benchmark indices in the region also declined. The trading session witnessed

Dollar Rises as Investors Turn To Safe-Haven Assets

New York: The US dollar today rose as investors turned to safe-haven assets, but the restrained moves suggest markets are monitoring developments in the Middle East following the US reckless airstrikes on Iranian nuclear sites. According to Oman News Agency, in currency markets, the euro was 0.33% lower at $1.1484,

Gold Rises as Investors Seek Safe Havens

Muscat: Gold prices today inched higher as investors turned to safe-haven assets amid growing fears of a broader Middle East tension following US reckless airstrikes on Iranian nuclear facilities. Spot gold was up 0.1% at $3,371.30 an ounce, while US gold futures remained steady at $3,387.20. According to Oman News

Oil Prices Spike after US Reckless Attack on Iran Nuclear Sites

Muscat: Oil prices today surged in early trade on concerns of disruption to energy markets following US reckless attack on Iran’s nuclear facilities. Brent and the main US crude contract WTI both jumped more than four percent to hit their highest price since January. They pared these gains, however Brent

Regional Workshop in Muscat Highlights E-Commerce Statistics, Digital Economy

Muscat: The activities of the regional workshop on e-commerce and digital economy statistics commenced here today. The event, organized by the Statistical Centre for the Gulf Cooperation Council (GCC-Stat), brings together representatives from the GCC General Secretariat, national statistical agencies, ministries of commerce, central banks, and other government bodies across

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…