Credit Oman records growth as insured trade nears

Credit Oman recorded a steady performance in 2025, with total Omani exports and insured local sales rising to RO 390.2 million, marking a 3.67 percent growth compared to RO 376.4 million in 2024.

Madayn plans RO 15 million boost for Thumrait

The Public Establishment for Industrial Estates (Madayn) has unveiled plans to develop Thumrait Industrial City in Dhofar.

Oman maintains investment rating with stable

Oman has secured a vote of confidence from Standard & Poor’s, with its sovereign credit rating reaffirmed at “BBB-” and a stable outlook.

Oman oil price rises by USD 2.87

It is worth noting that the monthly average price for Oman crude oil for March delivery stood at USD 62.17 per barrel, reflecting a rise of 8 cents from the average recorded for February delivery.

RO150 million deal signed to develop Al Bustan

The Ministry of Heritage and Tourism has signed an agreement with Omran to develop an integrated tourism complex in the Al Bustan area of Muscat Governorate, with an estimated investment of RO150 million.

Oil prices rise as markets weigh risk of wider

Oil prices rose Thursday as investors reassessed the prospects for easing tensions in the Middle East, recovering some of the losses from the previous session.

Muscat Stock Exchange index closes 1.41% higher

The total value of traded shares reached RO 89,250,368, reflecting a rise of 23.6 percent from the previous trading session, which recorded RO 72,238,099.

Nine investment projects worth RO 2.3 million

The Al-Uwaynat area projects in the Wilayat of Sohar, North Al Batinah Governorate, serve as a living model of the transition toward investment-driven agriculture.

Oman crude oil falls to $109.55 for May delivery

MUSCAT : The monthly average price of Omani

Dollar slips as markets remain cautious over

Currency markets were subdued in early Asian trading today, as traders remained cautious about US President Donald Trump's efforts to end the war with Iran.

Indian rupee slips to new low, touches 243.30

Exchange houses in Oman are offering up to INR 243.30 against the Omani rial as the Indian rupee hovers near historic lows, trading around 93.95 against the US dollar amid continued market volatility.

Oil prices fall amid expectations of a ceasefire

Oil prices fell by more than 5 percent today amid expectations of a possible ceasefire that would ease supply disruptions from the main producing region in the Middle East.