Dhofar Foods & Investment appoints Vipul Bahl

Bahl brings more than two decades of food and dairy industry experience as the company continues its regional growth strategy.

Asian LNG prices hit four-month high as Hormuz

Asian liquefied natural gas prices climbed for a fifth consecutive week, reaching their highest level in four months as escalating tensions in the Middle East disrupted shipping through the Strait of Hormuz and intensified concerns over global energy supplies.

Local buying rises on Muscat Stock Exchange as

Local investors stepped up purchases on the Muscat Stock Exchange (MSX) last week, with buying by Omani individuals, funds and investment institutions exceeding RO 154 million as investors sought opportunities following recent declines in share prices.

Oil prices set for strong weekly gains as Red Sea

Oil prices are heading towards sharp weekly gains as renewed attacks in the Red Sea and the shutdown of Kazakhstan’s main export route fuel concerns over disruptions to global crude supplies.

Google faces $1 billion EU penalty over market

The European Union has imposed fines totalling €890 million, around $1 billion, on Alphabet’s Google for breaching the Digital Markets Act by favouring its own services in search results and placing restrictions on app developers through the Google Play Store.

Oman’s FSA warns two audit firms over report

The Financial Services Authority (FSA) has issued warnings to two audit firms, Wayt United and Gulf Center Consultancy and Audit, after finding violations of the Law Regulating the Accounting and Auditing Profession.

Euro climbs near one-week high ahead of European

The euro rose on Thursday to near its highest level in a week as markets awaited the European Central Bank’s monetary policy decision, with officials widely expected to keep interest rates unchanged while signalling the possibility of further increases in September.

Oman LNG announces 100 job opportunities through

Oman LNG has announced 100 career opportunities with its contract partners as part of efforts to support national talent and strengthen In-Country Value (ICV) initiatives in the energy sector.

Brent crude at USD 94; Analysts see oil largely

As per the economist, a price move towards USD 112 would probably require a more severe combination of factors, including a prolonged disruption in the Strait of Hormuz, further production losses in the region and a substantial increase in speculative positioning.

Oman Duty Free appoints Sayyid Nasr Al Busaidi as

Oman Duty Free has appointed Sayyid Nasr Al Busaidi as its new Chief Executive Officer, bringing extensive leadership experience in the aviation and logistics sectors.

Bitcoin near $66,000 as ETF inflows signal

Bitcoin extended its gains today, approaching the $66,000 mark as spot exchange-traded fund (ETF) inflows picked up, signalling a rebound in institutional appetite for the cryptocurrency.

Bank Muscat supports activities of Al Jabal Al

This participation reflects Bank Muscat’s strategy of supporting events that stimulate tourism, promote local development, and provide valuable platforms for small and medium enterprises (SMEs), entrepreneurs, and home businesses