Monday, November 2, 2026

Business

Oman Oil Price Drops by USD 2.03

Muscat: The official price of Oman crude oil for September delivery settled today at USD 80.14 per barrel. The price of Oman oil recorded a decrease of USD 2.03 today compared to yesterday’s Tuesday closing price of USD 82.17.

According to Oman News …

Inflation Rate in Oman Reaches 2.8% in June 2026

Muscat: The Sultanate of Oman’s inflation rate reached 2.8% in June 2026 compared with the corresponding month of 2025 according to the Consumer Price Index (CPI) data released by the National Centre for Statistics and Information (NCSI).

According …

Electricity Generation in Oman Rises by 6.8%

Muscat: Total electricity generation in the Sultanate of Oman increased by 6.8% by the end of May 2026, reaching 20,314.0 GWh, compared with 19,027.4 GWh during the corresponding period in 2025, according to the latest preliminary data issued by the N…

Oman Oil Price Rises by USD 2.82

Muscat: The official price of Oman crude oil for delivery in September 2026 settled at USD 72.11 per barrel today. This represents a rise of USD 2.82 from last Friday’s price, which was USD 69.29.

According to Oman News Agency, the monthly average pr…

South Korean Exports Surge 54% in July

Seoul: South Korea’s exports surged by 53.9 percent year-on-year during the first ten days of July, according to data released by the Korea Customs Service.

According to Oman News Agency, shipments totaled $29.8 billion in the 1-10 July period, comp…

Nama Water Services Company Announces 303 New Jobs

Muscat: Nama Water Services company today announced the conclusion of the third phase of the ‘Employment-Linked Training Programme’, which seeks to train Omani jobseekers and provide jobs for them in the water and sanitation sector.

According to Om…

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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…