Dollar weakens amid hopes of progress in US-Iran

Dollar and yen came under pressure today as investors prepared to buy high-risk currencies and hoped for an agreement between the United States and Iran.

Muscat Stock Exchange index closes 0.66% lower

According to the report issued by Muscat Stock Exchange, market capitalization decreased by 0.364% from the last trading day, reaching approximately RO 38.43 billion.

Bank Muscat organizes financial literacy

The “Maliyat” initiative is one of Bank Muscat’s sustainability and social responsibility programmes, focusing on promoting financial literacy within the community and equipping individuals with essential skills to manage various financial matters.

FSA hosts investment portfolio workshop for SQU

The workshop aimed to build students’ capabilities in investment portfolio management by providing a deeper understanding of investment fundamentals, asset allocation principles, risk management, and the concept of risk-return balance.

Omani crude oil price declines by $4.40

The price of Omani crude recorded a decline of $4.40 compared to its level last Friday, which stood at $101.91 per barrel.

Akshaya Tritiya witnessed buoyant sales across

Industry leaders highlighted that demand remained consistent across regions, with steady buying observed from the start of the Muhurat period.

Oil prices rise by more than 7%

Oil prices rose by more than 7 percent today, after a sharp decline in the previous session.

OETC achieves over 70 million safe manhours as

This milestone underscores the company’s steadfast dedication to upholding the highest standards of Quality, Health, Safety, Security, and Environment (QHSSE), while embedding a strong safety culture across all its operational sites and critical projects throughout Oman.

Gold falls over 1% as dollar strengthens

Gold prices fell by more than 1% today as the dollar strengthened, while uncertainty over peace negotiations between the United States and Iran pushed oil prices higher and reignited inflation concerns.

OCCI reviews progress in events and exhibitions

The Exhibitions, Conferences and Events Committee at the Oman Chamber of Commerce and Industry (OCCI), met to review and discuss developments in the exhibitions and conferences sector.

Oman-Saudi partnership: Dema Energy launches RO 8

Dema Energy launched its flagship project in the Wilayat of Ibri, A'Dhahirah Governorate, which is an advanced centre for enhancing electrical grid balance through large flexible loads, with investments exceeding RO 8 million.

Muscat Stock Exchange index closes 0.27% lower

The Muscat Stock Exchange “30” index closed today at 8,313.98 points, down 22.9 points or 0.27 percent compared to the previous trading session, which stood at 8,336.85 points.