Muscat: Abraj Energy Services has signed a contract with BP Oman to supply a drilling rig in Block 61, with operations expected to commence in Q4 2025. The agreement was signed on the sidelines of the Oman Petroleum and Energy Show (OPES) and Oman Sustainability Week 2025. According to Oman
Muscat: Muscat Stock Exchange (MSX) general index (30) today dropped 15.1 points, comprising a decline by 0.35% to close at 4,361.33 points, compared to the last session, which stood at 4,376.43 points. According to Oman News Agency, the trading value today stood at RO 3,827,084, comprising a drop by 36.1%,
New York: The gold price was hovering today around a low of more than a week, which had been hit the previous session. A US-China agreement to temporarily halt tariffs reciprocally boosted risk appetite and diminished gold’s appeal as a safe haven. According to Oman News Agency, spot gold remained
Muscat: China’s auto output and sales reported double-digit increases in the first four months of the year (2025), indicating vibrant domestic consumption despite global uncertainties. Auto production stood at nearly 10.18 million units in the period, up 12.9% from a year ago, while auto sales rose 10.8% to 10.06 million
Muscat: The US dollar today edged lower but retained most of its recent gains, buoyed by ongoing optimism over a potential tariff agreement between the United States and China. The Chinese yuan climbed to a six-month high, reaching 7.1855 against the dollar. The Australian dollar advanced 0.64% to $0.6412, while
Muscat: Oil prices eased today from a two-week high reached during the previous session after the US and China agreed to temporarily slash tariffs. Brent crude futures dropped 14 cents, or 0.2%, to $64.82 per barrel. US West Texas Intermediate (WTI) crude fell 13 cents, or 0.2%, to $61.82. According
Muscat: Oman oil price for July 2025 delivery reached 65.43 US Dollars today, marking a decrease of 18 cents compared to yesterday’s price, which was 65.61 US Dollars. According to Oman News Agency, the average price for May 2025 delivery has stabilized at 72.51 US Dollars per barrel. This represents
Washington: As part of its current visit to the United States of America (USA), a trade delegation from Oman Chamber of Commerce and Industry (OCCI) took part in the SelectUSA Investment Summit, one of the most prominent global platforms for encouraging foreign direct investment (FDI) in the US market. According
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…
