Thursday, November 5, 2026

Business

MSX Loses 3 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today lost 3.3 points, comprising a rise by 0.07% to close at 4339.18 points, compared to the last session, which stood at 4342.43 points. According to Oman News Agency, the trading value today stood at RO 4,922,682, comprising a rise by 4.5%,

Tender Results of Government Treasury Bills Worth RO 32.8 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 32.8 million. The value of the allotted Treasury bills amounted to RO 0.3 million, for a maturity period of 28 days. The average accepted price reached RO 99.750 for every RO 100, and the minimum accepted price arrived at

HH Sayyid Asa’ad Opens Conference of Energy Regulators Regional Association

Muscat: HH Sayyid Asa’ad bin Tarik Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs, Special Representative of His Majesty the Sultan, today presided over the opening of the conference of the ‘Energy Regulators Regional Association’ (ERRA), held at Oman Convention and Exhibition Centre. According to Oman News

European Shares Edge Lower as Investors Await Tariff Updates

Muscat: European shares inched lower today as investors awaited further details on the US-China trade negotiations, while also looking ahead to some key corporate earnings and the US Federal Reserve’s policy meeting later this week. The pan-European STOXX 600 index was down 0.1%. Other regional indexes were trading in positive

ASEAN+3 Warns of Protectionism After US Tariffs

Milan: The finance chiefs of the ASEAN Plus Three (APT) – the Association of Southeast Asian Nations (ASEAN) plus Japan, China, and South Korea – have warned of the potential global economic fallout of protectionist trade policies, following the announcement of higher import tariffs by US President Donald Trump. According

Oman Oil Price Drops 2.48 US Dollars

Muscat: Oman oil price (July delivery 2025) today reached 59.62 US Dollars, comprising a drop by 2.48 US Dollars. According to Oman News Agency, the average price of Oman oil for May delivery 2025 has stabilized at 72.51 US Dollars per barrel. This price is 5.12 US Dollars per barrel

Oil Falls More than $2/bbl

Muscat: Oil prices fell more than $2 a barrel in early Asian trade today as OPEC+ is set to further speed up oil output hikes. Brent crude futures dropped $2.15 a barrel, or 3.51%, to $59.14 a barrel, while US West Texas Intermediate crude was at $56.03 a barrel, down

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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…