Wednesday, November 4, 2026

Business

MSX Drops 100 Points

Muscat: Muscat Stock Exchange (MSX) ’30’ index closed today at 7,671.43 points, marking a drop of 100.7 points, or 1.29%, compared to the last trading session, which closed at 7,772.18 points.

According to Oman News Agency, the total trading value r…

Oman Launches 11th Issue of Local Sovereign Sukuk Worth RO 100m

Oman: Oman Sovereign Sukuk Company, acting on behalf of the Government of the Sultanate of Oman, has announced the launch of the 11th issue of local sovereign Sukuk valued at RO 100 million. There is an option to increase the size by an amount not exc…

Japan’s Nikkei Tops 68,000 as AI Stocks Rally

Japan: Japan’s Nikkei index today closed above the 68,000 mark for the first time, just two days after breaking through 67,000, supported by strong gains in artificial intelligence-related stocks despite ongoing concerns about developments in West Asi…

Asyad Group Acquires Controlling Stake in Uzbek Logistics Assets

Tashkent: Asyad Group announced the completion of a strategic acquisition deal for a stake that grants it administrative and operational control over key logistical assets in the Republic of Uzbekistan, a step that embodies its direct entry into one o…

European Stocks Fall as Oil Prices Rise

Muscat: European stock markets opened lower today, pressured by renewed tensions in West Asia and rising oil prices, while developments on the ground reduced hopes of reaching a near-term agreement that would ease the crisis.

According to Oman News…

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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…