Dollar hovers near three-month low as investors

The US dollar hovered near a three-month low on Thursday as investors assessed measures announced by the US Treasury Department to ease pressure in the bond market, which has seen long-term yields rise to their highest levels since 2007.

Oman’s Income Tax Authority initiates

The Income Tax Authority has commenced a nationwide procedure aimed at assessing entities that are believed to be transferring huge sums of money internationally while declaring virtually no business activity.

Muscat Stock Exchange signs deal to boost SME

The Muscat Stock Exchange (MSX) and the Omani Academy for Small and Medium Enterprises, affiliated with the Small and Medium Enterprises Development Fund “Inma”, have signed a memorandum of cooperation aimed at strengthening investment awareness, training and support for SMEs and entrepreneurs in Oman.

OETC achieves 81 million safe manhours without

The achievement demonstrates the strong safety culture embedded across OETC and reflects the shared responsibility embraced by its employees, contractors, consultants and other stakeholders.

Oman FSA suspends Ideal Value for Auditing and

Among the violations, the FSA said the owner of the firm had allowed an individual to practise on behalf of the company without completing formal appointment procedures or obtaining the required approvals.

Meethaq Islamic Banking sponsors Saih Al Ramth

This sponsorship reflects Meethaq’s continuous support for authentic heritage and sporting events that celebrate Oman’s national identity, while contributing to engagement and local economic activity across the Sultanate. 

Gold set for positive bias, Brent may slide

Spot gold extended its two-week rally, rising 0.5 per cent intraday before paring gains to around USD 4,400 an ounce, following a nearly 1 per cent gain last week.

Sohar Port boosts Oman’s logistics sector with

Sohar Port handled 52 million metric tonnes of cargo during the first half of 2026, marking a 52 percent increase compared with the same period last year, as transshipment and container operations recorded strong growth.

BankDhofar leads Oman’s shift to a cashless,

Digital payments are now widely embedded across consumer, corporate, and public-sector transactions, driven by the growing adoption of mobile wallets, contactless cards, and instant transfers.

Oman Tourism Development Company appoints Badar

Oman Tourism Development Company (OMRAN Group) has announced the appointment of Eng. Badar Hamed Al Abri as its new Chief Operations Officer.

Sunil Bharti Mittal to step down as Airtel

Mittal will conclude his tenure as Non-Executive Chairman and step down from the Board with effect from September 30, 2026.

Oil prices rise as Middle East tensions persist

Oil prices rose today as the prospects of reaching an agreement to end the war in the Middle East diminished, boosting concerns about energy supplies.