GCC budget spending estimated at $542.1 billion

The estimated spending of the Gulf Cooperation Council (GCC) countries' budgets for the current year amounted to approximately $542.1 billion.

Dhofar Islamic’s Mastercard World credit card:

Dhofar Islamic Banking, the Islamic window of BankDhofar, invites customers to apply for the Dhofar Islamic MasterCard World credit card and experience a world of exceptional privileges

OIA stocks fuel 19% surge in Muscat Stock

Muscat Stock Exchange (MSX) recorded a notable 19.2% jump in daily trading volumes last week despite a shortened trading week due to the Eid Al-Adha holiday.

Oman’s industrial exports rise 8.6%, Saudi

Omani industrial exports jumped by 8.6% in the first quarter of 2025, reaching RO 1.618 billion, a sharp rise from RO 1.49 billion during the same period last year.

Oman’s broad money supply grows 7.5% as

Oman witnessed a notable 7.5% year-on-year increase in its broad money supply (M2), reaching RO 25.4 billion by the end of April 2025.

Madayn’s food industry projects cross RO 164

Hosting 98 projects across more than 1.5 million square meters, the sector now employs over 3,600 people—solidifying its vital role in national food security and economic diversification goals under Oman Vision 2040.

EU unveils €241 billion nuclear investment plan

The European Commission has called for an expansion of nuclear energy production across the bloc, with a projected investment of €241 billion (about $277 billion) by 2050.

Israel’s strike on Iran sends oil tanker

The Israeli airstrike on Iran has sent shockwaves through global oil markets, pushing up tanker freight rates and triggering a surge in tanker company stocks.

New gold peak in Dubai as 22K nears Dh390 mark

The Dubai gold rate has climbed to a new record high of Dh382.25 per gram for 22K, fueled by escalating geopolitical tensions and investor demand for safe-haven assets.

Digital Private School officially joins the IB

By offering all three IB programmes, Digital Private School is now a fully authorized IB Continuum School, providing a seamless, high-quality educational experience for students from early childhood through to pre-university education.

Muscat Stock Exchange rises up as trading value

The Muscat Stock Exchange (MSX) 30 Index closed higher on Tuesday, gaining 9.3 points to settle at 4,591.79, driven by a sharp rise in trading activity and market value.

Bitcoin breaches $109K as crypto market rallies

Bitcoin surged past the $109,000 mark, leading a broader crypto market upswing driven by heightened corporate interest and investor optimism ahead of upcoming US-China trade talks.