Monday, November 2, 2026

Business

Dollar Strengthens as US-Iran Conflict Fuels Safe-Haven Demand

Muscat: The dollar edged higher against most major currencies at the start of Asian trading today, as the escalating US-Iran conflict drove oil prices higher and kept investor sentiment fragile following last week’s market turbulence.

According to O…

MSX 30 Index Falls by 73 Points Amidst Decline in Trading Value

Muscat: The Muscat Stock Exchange “MSX 30” index experienced a notable drop today, closing at 7,407.09 points. This marks a decline of 73.5 points, or 0.98 percent, from the previous session’s close of 7,480.61 points.

According to Oman News Agency,…

Private Enterprises Added Value Exceeds RO 8.1 Billion in Oman

Muscat: Data issued by the National Centre for Statistics and Information (NCSI) indicated a slight decrease of 0.8 percent in the number of active private enterprises in the Sultanate of Oman during the first quarter of 2026, reaching 265,918 enterpr…

Gold Prices Fall to $4,034.42 Per Ounce

Muscat: Gold prices fell in Asian trading today as spot gold was down 0.6% at $4,034.42 per ounce. US gold futures for August delivery lost 0.3% to $4,039.90.

According to Oman News Agency, spot silver fell 1.1% to $57.14 per ounce. Platinum eased 0…

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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…