Thursday, November 5, 2026

Business

Hotel Revenues for 3-5 Star Category Exceed RO 297 Million in 2025

Muscat: Revenues for hotels classified within the 3 to 5-star category in the Sultanate of Oman rose by 22.2 percent by the end of December 2025, reaching approximately RO 297,316,000 compared to the same period in 2024. Hotel occupancy rates also inc…

Domestic Liquidity in Oman Increases by 6.4%

Muscat: Domestic liquidity in the Sultanate of Oman increased by 6.4 percent by the end of November 2025, reaching RO 26,415.6 million, compared to RO 24,827.700 during the same period in 2024.

According to Oman News Agency, preliminary data issued …

MSX Rises 131 Points

Muscat: Muscat Stock Exchange (MSX) main index closed higher today, rising 1.94 percent. The MSX 30 Index concluded the trading session at 6,892.43 points, registering an increase of 131.3 points from the previous close of 6,761.10 points.

According…

Oman Food Capital Signs Strategic Partnership with Brazil’s JBS

Muscat: Oman Food Capital, a subsidiary of Oman Investment Authority (OIA), has signed a strategic partnership with Brazil’s JBS, one of the world’s largest food companies. The partnership will see JBS operate new facilities in the Sultanate of Oman f…

Oman Oil Price Rises 1.23 US Dollars

Muscat: Oman oil price for April delivery 2026 has reached 68 US Dollars, marking an increase of 1.23 US Dollars compared to Monday’s price, which stood at 66.77 US Dollars.

According to Oman News Agency, the average price of Oman oil for February d…

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…