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Oil Gains on Easing Supply Fears after OPEC+ Decision

October 8, 2025

Muscat: Oil prices rose nearly 1% today as investors shrugged off concerns about oversupply after digesting a decision earlier by OPEC+ to limit production increases next month. Brent crude futures

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Dollar Hits Two-Month High Amid US Government Shutdown Concerns

October 8, 2025

Muscat: The US dollar climbed to a two-month high in early Asian trading today, as mounting risks surrounding the US government shutdown stoked investor anxiety and lifted demand for safe-haven

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Omani-French Business Council Evaluates Future Economic Cooperation

October 8, 2025

Muscat: The Omani-French Joint Business Council convened at the Oman Chamber of Commerce and Industry headquarters to evaluate joint investment opportunities and outline a future work plan aimed at bolstering

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MSX 30 Index Climbs 14 Points Amid Decline in Trading Value

October 8, 2025

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 5195.65 points, marking a rise of 14 points or 0.28% from the previous session’s close of 5181.38 points. Trading value

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Strategic Partnership Signed to Establish Joint Investment Fund Between Oman, Azerbaijan

October 8, 2025

Muscat: The Oman Investment Authority (OIA) today signed a strategic partnership with Azerbaijan Investment Holding (AIH) to establish a Joint Investment Fund valued at RO 77 million, equally split between

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Excavation Begins on Tunnels for Joint Omani-Emirati Rail Network Project

October 8, 2025

Hafeet rail: The developer and operator of the Joint Omani-Emirati Railway Network Project, announced today the start of tunnel excavation work in the Al Hajar Mountains in the Al Buraimi

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Oman and Azerbaijan Explore New Avenues for Investment and Economic Cooperation

October 8, 2025

Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry and Investment Promotion, today received Mikayil Jabbarov, Minister of Economy of the Republic of Azerbaijan, to discuss enhancing economic and investment

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Oman Engages in GCC Ministerial Meetings on Communications and Digital Government

October 8, 2025

Kuwait city: The Sultanate of Oman participated today in the 29th Meeting of the Ministerial Committee for Communications and Postal Services and the 9th Meeting of the Ministerial Committee for

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