Thursday, November 5, 2026

Business

Supervisory Committee for National E-Commerce Plan Holds First 2025 Meeting

Muscat: The Supervisory Committee for the National E-Commerce Plan convened its first meeting of 2025 at the Ministry of Commerce, Industry, and Investment Promotion headquarters to review progress on the plan’s initiatives. Chaired by Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, the meeting included representatives from

MSX Gains 35 Points Amid Trading Surge

Muscat: Muscat Stock Exchange (MSX) general index (30) today gained 35.9 points, comprising a rise by 0.82% to close at 4397.25 points, compared to the last session, which stood at 4361.33 points. According to Oman News Agency, the trading value today stood at RO 5,724,532, comprising an increase by 49.6%,

US Dollar Stabilizes After Significant Overnight Decline

New York: The US dollar today stabilized after recording its largest drop in more than three weeks overnight. The decline followed lower-than-expected US consumer inflation data, bolstering the case for Federal Reserve easing just as global trade tensions cool, coinciding with a de-escalation in the US-China trade tensions. According to

China’s Industrial Bank Issues 10 Billion Yuan in Sci-Tech Innovation Bonds

Beijing: The Industrial Bank Co., Ltd., a prominent joint-stock commercial bank in China, has announced the successful issuance of its first batch of sci-tech innovation bonds on the inter-bank market. The funds raised from this issuance are intended to support lending towards scientific and technological innovations and related business activities.

EU Records 39.2 Billion Euros Trade Surplus in Agriculture Products for 2024

Muscat: The European Union (EU) recorded a trade surplus of 39.2 billion Euros in agricultural products in 2024. According to Oman News Agency, a statement released by the EU’s statistical office, Eurostat, revealed that agricultural exports from EU countries exceeded 234 billion Euros, while imports were valued at 194.9 billion

Gold Edges Lower as Eased China-US Trade Concerns Reduce Safe-Haven Demand

Muscat: Gold prices today edged lower as softening trade tension between the US and China weakened safe-haven demand, while markets eyed another set of inflation data to assess the Federal Reserve’s policy path. Gold prices saw a slight decline in market value as the geopolitical landscape between the two economic

Omani Commercial Office Opens in United States to Enhance Trade Relations

Muscat: Oman Chamber of Commerce and Industry (OCCI) inaugurated the Omani Commercial Office in the United States during a ceremony held at the Sultan Qaboos Cultural Center in Washington, D.C., under the patronage of Talal Sulaiman Al Rahbi, Oman’s Ambassador to the United States. According to Oman News Agency, the

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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…