Muscat: The average inflation rate in the GCC countries stood at 1.7% in 2024, compared to 2.2% in 2023, according to the latest data released by GCC-Stat. According to Oman

Muscat: Gold prices today fell to their lowest in more than a month, as easing trade tensions between US and China dampened safe-haven demand. Spot gold was down 0.3% at

Muscat: Oil prices today fell 1% in early Asian trading, as easing geopolitical risks in the Middle East and the possibility of a further increase in OPEC+ production in August

New york: The US dollar today wallowed near its lowest level in nearly four years against the euro as market optimism over US trade deals bolstered bets for earlier Federal

Beijing: The purchasing managers’ index (PMI) for China’s non-manufacturing sector reached 50.5 in June, reflecting a 0.2 percentage point increase from the previous month, as revealed by official data today.

Muscat: The total issuance of Government Treasury Bills amounted to RO 39 million. The value of the allotted Treasury bills amounted to RO 4 million, for a maturity period of

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,500.87 points, declining by 6.2 points (0.14%) from the previous session’s close of 4,507.03 points. According to Oman News Agency,

Basel: The International Association of Insurance Supervisors (IAIS), headquartered in Basel, Switzerland, has published a detailed assessment confirming the Sultanate of Oman’s advanced regulatory and supervisory framework for the insurance