Wednesday, November 4, 2026

Business

Dollar Steadies as US-Iran Ceasefire Extended Indefinitely

Muscat: The dollar held steady in early Asian trading today after President Donald Trump announced an indefinite extension of the ceasefire with Iran, boosting demand for the safe-haven currency and pushing it to a one-week high. The dollar index, whi…

Oman Oil Price Rises by US$7.25

Muscat: The official price of Oman crude oil for June delivery settled today at US$99.26 per barrel. The price of Oman oil recorded an increase of US$7.25 today compared to Tuesday’s closing price of US$92.01.

According to Oman News Agency, the aver…

Asyad Group Expands Global Reach with Ligentia Acquisition

Muscat: Asyad Group, the global integrated logistics provider, announced its acquisition of Ligentia, a premier UK-based fourth-party logistics (4PL) provider. This landmark deal is the Group’s second major international acquisition in less than two y…

Recent posts

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…