Monday, November 2, 2026

Business

Meeting at the Central Bank of Iraq to restructure Rafidain Bank

The Central Bank of Iraq announced today, Monday, that its governor chaired a meeting of the supervisory committee on the restructuring process of Rafidain Bank.

The CBI stated in a statement that “the supervisory committee on the restructuring proce…

Slight increase in Basra crude oil prices

Basra Heavy and Medium crude prices rose slightly on Monday, with global oil prices stabilizing.

Basra Heavy crude increased by 8 cents to $75.84 per barrel, while Basra Medium crude rose by the same amount to $78.96 per barrel.

This slight rise in …

MSX Drops 44 Points

Muscat Stock Exchange (MSX) general index (30) today lost (44.9) points, comprising a drop by (0.97%) to close at (4602.25) points, compared to the last session, which stood at (4647.20) points.

The trading value today stood at (RO 2,351,439), compri…

Japanese Yen to 7-Month Highs as US Economic Slowdown Persist

Japan’s yen today hit its highest levels against the dollar since January 2024, as markets extended moves triggered last week after weak US labour data stoked recession worries and expectations of deeper rate cuts by the Federal Reserve.

The dollar i…

Iraq’s oil exports to America increased during the past week

The US Energy Information Administration (EIA) announced that Iraq’s oil exports to America increased during the past week.

The EIA said in a table that “the average US imports of crude oil during the past week from 9 major countries amounted to 5.55…

Recent posts

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…