Insurance investments in Oman dip to RO 673

Total investments by insurance companies in Oman saw a sharp decline in 2024, dropping to RO 673.1 million from RO 838.6 million the previous year.

Islamic banking sector assets hit RO 8.9 billion,

Islamic banks and windows in Oman have recorded remarkable growth, with total assets climbing to RO 8.9 billion by the end of April 2025, marking a significant 18.1% rise.

Muscat Stock Exchange climbed to RO 28 billion,

The Muscat Stock Exchange (MSX) closed last week on a high note, with its market capitalization rising to RO 28 billion and weekly gains totaling RO 79.3 million.

Oil prices rebound as brent crude posts first

Oil prices climbed sharply this week, with Brent crude posting its first weekly gain in three weeks.

Muscat Stock Exchange edges up despite dip in

The Muscat Stock Exchange (MSX) 30 index saw a modest rise, closing at 4,578.81 points—up 25.7 points or 0.56%—despite a drop in trading value and a sharp dip in net foreign investment.

Huda Kattan reclaims full ownership of Huda

Huda Kattan, the UAE-based mogul behind Huda Beauty, has officially bought back all remaining shares of her brand, making the company 100% founder-owned once again.

Gold prices rise as global jitters fuel

Gold prices climbed as investors rushed to safe-haven assets amid escalating uncertainty in US-China trade relations and broader global economic concerns.

US dollar dips as markets brace for jobs data and

The US dollar slipped on global currency markets as investors turned cautious ahead of crucial employment data and developments in tariff negotiations led by President Donald Trump

Celebrate Eid Al Adha with exclusive offerings at

Renowned for its bespoke service complemented by timeless and elegant ambiance, the resort continues to be the best address for those seeking a refined escape along the Arabian Sea.

Bank Muscat successfully manages OMR 100 million

Bank Muscat successfully managed the OMR 100 million Series 9 Oman Sovereign Sukuk issuance, reinforcing its leadership in Sharia-compliant capital market transactions.

Italian Embassy hosts National Day reception in

The event brought together distinguished guests from Omani government institutions, diplomatic corps, business and cultural communities, as well as Italian citizens residing in Oman.

Oman’s ninth sovereign Sukuk draws strong

Oman's latest sovereign sukuk issuance has garnered strong investor confidence, with subscription applications for the ninth local issue exceeding RO 260 million, according to a statement from Oman Sovereign Sukuk Company.