Oil prices steady, set for weekly gains amid

Global oil prices held steady, breaking a two-week losing streak as traders reacted to fading hopes of a swift resolution to the Russia-Ukraine conflict and signs of stronger demand in the U.S. market.

U.S. inventory fall lifts oil prices amid summer

Global oil prices ticked up after U.S. government data revealed a larger-than-expected drop in crude and fuel stockpiles.

Oman Housing Bank disburses RO 151 million in

Oman Housing Bank (OHB) has announced that the total value of housing finance provided in Dhofar Governorate has exceeded OMR 151 million, with 7,620 loans distributed since the branch’s establishment.

Stable essentials, rising services: Oman’s

Oman’s inflation rose by 0.8% in July 2025 year-on-year, driven mainly by higher prices in miscellaneous goods, transport, and hospitality, despite declines in food and recreation costs.

Muscat Stock Exchange closed higher, foreign

The Muscat Stock Exchange (MSX) closed higher today, with the 30 index gaining 21.1 points, even as trading value dipped sharply compared to the previous session.

Labubu maker’s profits soar by nearly 400% in

The quirky creature, part of Pop Mart’s The Monsters series, has become a pop culture sensation, fueling sales of more than 4.8 billion yuan ($670 million) in just six months — around a third of the company’s total revenue.

Euromoney awards Bank Muscat “The Best Bank

Bank Muscat has been named “Best Bank in Oman” by Euromoney, recognizing its excellence in banking services, innovation, digital transformation, and contributions to Oman’s economy and sustainable development.

Gold dips to three-week low ahead of Fed

Gold prices dipped to their lowest levels in nearly three weeks, pressured by a stronger U.S. dollar and investor caution ahead of the Federal Reserve’s Jackson Hole symposium later this week

BankDhofar leads the charge in Oman’s digital

A standout success in BankDhofar’s digital journey has been the relaunch of its Intilaqa Digital Onboarding App.

Oman Cables Industry in partnership with Prysmian

Oman Cables Industry, in partnership with Prysmian, has opened applications for the 15th edition of its global “Build the Future” program, offering Omani graduates a five-year career journey with international training, job rotations, and leadership opportunities.

India’s express logistics industry to

India’s express logistics industry is projected to double to USD 18–22 billion by FY30, creating up to 7.5 million jobs and driving growth through e-commerce, manufacturing, and policy support, a KPMG report said.

Panasonic, OMASCO mark 50-year partnership with

New EU-Series AC Featuring nanoe™ X and Adaptive Inverter Technology redefines home and commercial cooling in the Sultanate, providing clean, healthy air and fast cooling, while minimizing energy consumption.