General

Muscat: Nama Power and Water Procurement company today signed an agreement with a consortium of companies, including Sembcorp and OQ Alternative Energy, to develop the Dhofar Wind Power Farm project (Phase II) in the Sultanate of Oman. The scope of development includes the design, construction, ownership, operation, and maintenance of

Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman (CBO) announced the new issues of Government Development Bonds. According to Oman News Agency, the new bond issues include Issue No. 78, which is valued at RO 75 million,

Muscat: The Civil Aviation Authority (CAA) today celebrated the 7th anniversary of Muscat International Airport and the 10th anniversary of Salalah Airport. These airports are essential components of Oman’s national air transport system, featuring advanced infrastructure that aligns with global standards and technologies. According to Oman News Agency, the CAA

Muscat: The total number of registered vehicles in the Sultanate of Oman increased by 5.6 percent at the end of September 2025, reaching 1,825,032 vehicles compared to September of the previous year, according to data issued by the National Centre for Statistics and Information (NCSI). According to Oman News Agency,

Muscat: The Sultanate of Oman, represented by the Ministry of Heritage and Tourism, has embraced the regional expansion agreement of the Cruise Arabia Alliance with the inclusion of “Cruise Saudi” and “Qatar Tourism.” This initiative seeks to strengthen the cruise tourism sector in the region, positioning the Gulf as a

Muscat: Gold extended gains to a near three-week high today, as growing expectations of another US Federal Reserve interest rate cut in December lifted demand for the safe-haven asset. Spot gold was up 0.4% at $4,131.83 per ounce, its highest since 24 October 2025. US gold futures for December delivery

Muscat: Oil prices fell in early Asian trading today, cutting into gains made in the previous session, as concerns about an oversupply outweighed optimism over a possible resolution to the US government shutdown. Brent crude futures fell by 13 cents, or 0.2%, to $63.93 per barrel, while US West Texas

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,691.17 points, registering a rise of 27.9 points, equivalent to 0.49 percent, from its previous close of 5,663.32 points. According to Oman News Agency, trading activity witnessed an increase, with total market turnover reaching RO 57,640,700, representing a