Monday, November 2, 2026

Business

GCC Inflation Remains Stable at 1.8% in 2025

Muscat: A report issued by the GCC Statistical Centre (GCC-Stat) on inflation rates for 2025 showed that price levels remained stable across the GCC countries. The overall inflation rate reached 1.8% in 2025, compared with 1.6% in 2024, remaining belo…

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…

Over 8.2 Million Mobile Phone Service Subscriptions in Oman

Muscat: The total number of mobile phone service subscriptions in the Sultanate of Oman rose to 8,246,003 by the end of May 2026, registering a growth of 1.4 percent compared to the corresponding period of 2025, according to the latest data issued by …

MSX 30 Index Sees Modest Gain Amid Decline in Trading Value

Muscat: Muscat Stock Exchange “MSX 30” index today closed at 7,652.14 points, up 7.7 points, or 0.101 percent, from the previous session’s close of 7,644.45 points.

According to Oman News Agency, the trading value stood at RO 25,747,799, representi…

Riyada Explores SME Impact on Food Security Sector

Muscat: Acting in cooperation with the Ministry of Agriculture, Fisheries and Water Resources, the Authority for Small and Medium Enterprises Development (Riyada) today organized its 20th dialogue session titled ‘Opportunities, challenges and impact o…

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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…