Thursday, November 5, 2026

Business

Meta Develops Own AI Search Engine

Meta Platforms is developing an artificial intelligence-based search engine specifically designed for its chatbot, as it looks to reduce dependence on Google and Microsoft’s Bing.

Meta’s efforts to create an independent search engine have been underw…

4.9-Magnitude Earthquake Hits Indonesia’s Masohi Island

An earthquake measuring 4.9 on the Richter scale struck the Indonesian island of Masohi.

The US Geological Survey (USGS) said that the epicenter of the earthquake was at a depth of 10 km.

There have been no reports of material damage or human losses…

Oil Prices Slump More Than 4pc

Oil prices tumbled more than $3 a barrel today amid geopolitical tensions in the Middle East.

Both Brent and US West Texas Intermediate crude futures hit their lowest levels since 1 October 2024 at the open. Brent was at $72.88 a barrel, down $3.17, …

Dollar Rises Supported by US Bond Yields

The dollar rose today, supported by a rise in US Treasury yields, while the yen fell to a three-month low.

In the Asia session, the yen weakened as far as 153.88 per dollar and 166.06 per euro, on both counts the softest since late July. The yen was …

OQ Exploration and Production Shares Listed on MSX

The Muscat Stock Exchange (MSX) celebrated today the listing of OQ Exploration and Production’s (OQEP) shares, marking the commencement of public trading following an Initial Public Offering (IPO) of 25% of the company’s share capital.

With a market …

Oman Oil Price Declines 1.80 US Dollars

Oman oil price (December delivery 2024) today reached 72.25 US Dollars, comprising a decline by 1.80 US Dollars compared to the price of last ‘Friday’ which stood at 74.05 US Dollars.

The average price of Oman oil (October delivery 2024) stabilized a…

ROHM to Welcome Soul Stirring Shows in November 2024

Following the critically acclaimed start of the new season, the Royal Opera House Muscat (ROHM) is continuing with a full calendar of events, bringing international performances to Oman’s stage.

Looking forward to November 2024, the opera house’s cal…

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…