Oil prices edge higher as markets assess Iran

Oil prices rose slightly at the start of trading today, recovering some of the losses from the previous session, as investors assess whether the war with Iran will actually end.

Oman’s Madinat Al Irfan achieves 1 million

Madinat Al Irfan has achieved 1 million safe working hours without lost time injury at Business Park Phase 3, marking a major health, safety, and operational milestone within one of Muscat’s largest urban developments.

Oman plans loan repayment freeze to support

The Development Bank is studying measures to support businesses affected by the current geopolitical situation, including the possibility of postponing loan repayments and offering new financial facilities to help projects navigate emerging challenges and sustain operations.

Oil drops, gold rises as banks reassess post-war

Global oil prices fell sharply after the United States and Iran reached a preliminary agreement to reopen the Strait of Hormuz and de-escalate tensions in the region.

Asyad Group joins Oman-Netherlands NoorBridge

Asyad Group has signed an accession agreement to join the strategic partnership of the NoorBridge Project, an Oman–Netherlands initiative aimed at establishing export corridors for green hydrogen and its derivatives between Oman and the Netherlands.

Bank Muscat partners with Skill IQ to strengthen

The collaboration reflects Bank Muscat’s continued commitment to investing in its people, strengthening workforce capabilities and leveraging innovative technologies to support continuous learning.

Sensex surges 736 points, Nifty nears 24,000 as

Nifty ended the session in green at 23,853.90, gaining 231 points or 0.98 per cent, Sensex closed at 76,264.33, up 736.38 points or 0.97 per cent.

Oppenheimer issues bullish outlook on SpaceX with

The brokerage, in its outlook issued on Thursday ahead of the blockbuster listing, gave a price target of USD190 and an "outperform" rating to the stock.

Meethaq Islamic Banking offers Sharia-compliant

This collaboration was formalized through the signing of a cooperation agreement between Meethaq Islamic Banking and Oman Housing Bank.

SpaceX IPO a ‘true test for

Shares of SpaceX surged on their market debut, opening at USD 150 against an IPO price of USD 135 and later climbing to USD 164.

Oman sets September deadline for replacement of

The Central Bank of Oman (CBO) has announced that the deadline for exchanging expired banknotes from previous currency issues will be 21 September 2026, after which no claims for replacement will be accepted.

Bank Muscat introduces special competitive rates

The offer provides customers with greater flexibility to select loan tenures that best suits their financial needs while benefiting from competitive rates through a seamless application process.