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OCCI Engages IMF Team on Economic Growth Opportunities in Non-Oil Sectors

June 11, 2026

Muscat: The Oman Chamber of Commerce and Industry (OCCI) today held a meeting with a delegation from the International Monetary Fund (IMF) in Muscat. The OCCI showcased economic developments in

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Results Announced for 11th Local Sovereign Sukuk Issue

June 11, 2026

Muscat: Oman Sovereign Sukuk Company SAOC, on behalf of the Government of the Sultanate of Oman, represented by the Ministry of Finance, announced the subscription results of the 11th local

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Financial Services Authority Greenlights OMIFCO’s IPO Prospectus

June 11, 2026

Muscat: The Financial Services Authority (FSA) has approved the prospectus for the initial public offering (IPO) of the Oman India Fertiliser Company (OMIFCO), paving the way for the offering of

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Gold Rebounds from Six-Month Low as Markets Await Pivotal US Inflation Data

June 11, 2026

Muscat: Gold prices recovered today from their lowest level in six months, buoyed by short-covering activities, as investors keenly awaited a major US inflation report that could shed further light

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Crude Prices Extend Gains as Middle East Hostilities Reignite

June 11, 2026

New york: Oil prices continued their upward trajectory, gaining more than two dollars per barrel today, following the United States’ launch of airstrikes against Iran. Brent crude futures climbed USD

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European Central Bank Anticipates Interest Rate Hike Amid Rising Inflation

June 11, 2026

Frankfurt: The Governing Council of the European Central Bank convenes today for its regular policy meeting, amid widespread expectations of approving an increase in key interest rates for the first

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Dollar Wavers as Markets Weigh Interest Rate Outlook

June 11, 2026

Abu dhabi: The dollar delivered a fluctuating performance today, as fresh American strikes in the Middle East dampened market sentiment. The euro traded at USD 1.1553, edging slightly away from

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Oman Crude Oil Price Drops by USD 1.54

June 11, 2026

Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 88.01 per barrel today. This represents a decrease of USD 1.54 from yesterday Wednesday’s price

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