Muscat Stock Exchange drops 68 points

The Muscat Stock Exchange (MSX) "30" index concluded today's trading session at 7,225.18 points, dropping 68.9 points, which constitutes a decline by 0.94 percent from the previous close of 7,294.10 points.

Al Qurum Phone opens new outlet in Muscat

The store was inaugurated by His Highness Sayyid Firas bin Fatik Al Said, marking the official launch of the outlet, which offers a wide range of smartphones and electronic gadgets.

Oil prices decline amid regional tension

Meanwhile, market sources cited data from the American Petroleum Institute showing that US crude, gasoline, and distillate inventories declined last week.

Oman launches RO 23.5 million shrimp farming

Construction activities of a white-legged shrimp aquaculture project kicked off in the Wilayat of Shinas, North Al Batinah Governorate.

Omani Industry Day marked in North Al Batinah

The ceremony included visual presentations on Omani Industry Day, Sohar Industrial City, and Omani exports. It also featured several working papers on customs procedures, the "Made in Oman" platform, and a paper presented by the Industrial Innovation Academy.

Madayn and be’ah partner to strengthen

The Public Establishment for Industrial Estates (Madayn) has signed a cooperation programme with Oman Environmental Services Holding Company (be'ah) to enhance the management and treatment of industrial waste across Oman’s industrial cities.

Development Bank, Sohar Islamic partner to back

The Development Bank has signed a strategic partnership agreement with Sohar Islamic to launch a new loan guarantee programme aimed at strengthening access to bank financing for Omani companies..

Oman Tax Authority: Incomplete tax ruling

The Oman Tax Authority has issued a reminder to all taxpayers that any tax ruling requests submitted without the official Tax Ruling Form and required documentation will no longer be considered.

Malabar Gold & Diamonds inaugurates expanded

The revamped showroom houses an exquisite array of designs in Gold, Diamond and Precious gems across Malabar Gold & Diamonds numerous exclusive brands such as Mine, Era, Viraaz, Precia, Ethnix & Divine.

OPAL partners with Saudi Takamol to strengthen

Oman Energy Association (OPAL) has signed a strategic cooperation agreement with Saudi Arabia’s Takamol Holding to develop professional competencies, enhance skill and qualification accreditation systems and improve labour market outputs.

OCCI and Development Bank partner to launch

The Franchise Centre of Oman Chamber of Commerce and Industry (OCCI), in cooperation with the Development Bank, has launched the ‘Alama’ financing product to support franchising initiatives in the Sultanate of Oman.

FSA temporarily suspends licence of Thara Global

The FSA affirmed that this decision comes in line with its commitment to ensuring that companies operating in the securities sector comply with the financial and regulatory requirements stipulated in the applicable laws and regulations.