Muscat Stock Exchange index hits four-week high,

The Muscat Stock Exchange (MSX) climbed to its highest level in four weeks last week, with the benchmark index crossing the 7,500-point mark amid positive corporate results, dividend announcements and gains across key sectors.

SMEs take 39% share of Oman CAA contracts and

Around 117 companies have benefited from contracts and purchases under the Civil Aviation Authority’s local content programmes, with small and medium enterprises accounting for 39 per cent of total contracts and procurement.

Oil prices rise higher as Middle East tensions

Oil prices inched higher on Friday as escalating geopolitical tensions in the Middle East renewed concerns over possible disruptions to global crude supplies.

LuLu India Utsav 2026 brings the colors, flavors

More than a retail festival, India Utsav is a celebration of what makes India so wonderfully diverse, from the flavors of its many regions and the energy of its street food to its traditions, art and the stories that connect generations.

Abu Dhabi Exchange becomes MENA’s first to plug

Investors will soon be able to access official Abu Dhabi Securities Exchange data directly through AI platforms such as ChatGPT and Claude.

Oman crude oil price slips to $86.57 per barrel

The official price of Omani crude oil for delivery in October fell by 36 cents on Thursday, settling at $86.57 per barrel.

Oman accelerates industrial localisation with 10

Oman has signed 10 agreements worth an expected RO 15 million to localise the manufacturing of key components used in electrical transformers, in a major push to strengthen local industries, supply chains and investment opportunities in the electricity sector.

Madayn to establish four new industrial cities

The Public Establishment for Industrial Estates (Madayn) is moving ahead with plans to establish new industrial cities in Musandam, North Al Batinah, North Al Sharqiyah and Dhofar as part of Oman’s Eleventh Five-Year Development Plan (2026–2030).

IEA warns global oil supply to plunge by 4.3

Global oil supply is expected to fall sharply by 4.3 million barrels per day (bpd), or around 4 per cent, this year as continuing disruptions in the Middle East deepen the global oil-market deficit.

Oman FSA suspends United Mawa Projects for 6

Oman’s Financial Services Authority (FSA) has suspended United Mawa Projects from practising accounting and auditing for six months after an inspection found several violations of the law regulating the accounting and auditing profession.

Gold prices near 10-week high as markets await US

Gold prices rose nearly one percent on Wednesday, approaching a 10-week high as investors awaited key US inflation data that could influence expectations for the Federal Reserve’s interest-rate policy.

OpenAI COO Brad Lightcap departs after eight

Lightcap previously worked with OpenAI, CEO Sam Altman at venture capital firm Y Combinator, and joined OpenAI in 2018.