Thursday, November 5, 2026

Business

Chinese Scientists Identify Six New Genera of Antarctic Bacteria

Beijing: Researchers from the Polar Research Institute of China (PRIC) have identified and published six new genera and seven new species of Antarctic bacteria, as announced by China’s 41st Antarctic expedition team. According to Oman News Agency, these microorganisms represent a valuable resource for studying biological genetics and species diversity.

Death Toll Rises to 16 in Argentina Flooding

Muscat: Sixteen people were killed, dozens were missing, and thousands of residents were evacuated due to floods that hit the coastal city of Bahia Blanca in Argentina. Argentine authorities today said that sudden and violent floods caused by a storm that hit Argentina caused the death and missing of dozens.

Euro Rises on Europe’s Ukraine Peace Push

Muscat: The euro today rose from a 2-1/2-week low against the US dollar and sterling also advanced with Europe taking the lead in a renewed push for peace in Ukraine. According to Oman News Agency, the US dollar index, which measures the currency against the euro, sterling, yen, Canadian dollar,

Gold Gains on US Tariff Policy Concerns

Muscat: Gold prices rose today, helped by a weaker dollar, amid concerns over the US tariff policy. Spot gold climbed 0.3% to $2,866.76 an ounce. US gold futures rose 1.1% to $2,880.50. The US dollar index fell 0.4% from a more than two-week high hit in the previous session, making

Tender Results of Government Treasury Bills Worth RO 46 Million Issued

Muscat: The total issuance of Government Treasury Bills amounted to RO 46 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

Oil Recovers on Upbeat Chinese Manufacturing Data

Muscat: Oil prices rose 1 percent today as upbeat manufacturing data from China led to renewed optimism for fuel demand, although uncertainty about global economic growth from potential US tariffs loomed. Brent crude climbed 76 cents, or 1 percent, to $73.57 a barrel while US West Texas Intermediate crude was

OPAZ Board of Directors Grants New Incentives to Investors in 2025

Muscat: The Board of Directors of the Public Authority for Special Economic Zones and Free Zones (OPAZ) today held its first meeting for the year 2025, under the chairmanship of Sheikh Dr. Ali bin Masoud Al Sunaidy, OPAZ Chairman. According to Oman News Agency, the meeting concluded with a decision

MSX Index Sees Modest Increase of 16 Points

Muscat: Muscat Stock Exchange (MSX) general index (30) today gained 16 points, marking a rise of 0.36% to close at 4425.02 points, compared to the previous session, which stood at 4441.01 points. According to Oman News Agency, the trading value today was reported at RO 5,241,288, representing an increase of

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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…