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Revenues of Oman’s 2026 Budget Exceed RO 11.4 Billion

January 1, 2026

Muscat: The total estimated revenues for the Sultanate of Oman’s General State Budget for 2026, calculated based on an average oil price of 60 US Dollars per barrel, amounted to

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Oman Unveils Ambitious 11th Five-Year Development Plan Targeting Economic Growth and Low-Carbon Transition

January 1, 2026

Muscat: The Sultanate of Oman today launched its Eleventh Five-Year Development Plan (2026-2030), the second executive roadmap for ‘Oman Vision 2040,’ targeting an economic growth rate of approximately 4 percent

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Republic of Korea’s Exports Hit Record High in 2025

January 1, 2026

Seoul: Official government data released in the Republic of Korea today revealed that the country’s exports reached their highest level ever during the past year, amounting to $709.7 billion. According

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China’s Service Trade Surpasses $1 Trillion Mark

January 1, 2026

Beijing: The People’s Republic of China’s service trade industry during the first eleven months of 2025 achieved a total value of imports and exports reaching approximately 7.2 trillion yuan, equivalent

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UN General Assembly Approves 2026 Regular Budget Valued at $3.45 Billion

January 1, 2026

New york: The United Nations General Assembly officially approved the organization’s regular budget for the 2026 fiscal year, totaling $3.45 billion. This approval is a central component of the ‘UN80’

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Oil Extends Historic Slide, Set for Third Straight Annual Loss Amid Global Glut

December 31, 2025

London: Oil prices fell today, poised to close 2025 with a decline exceeding 15 percent after a year in which persistent oversupply overshadowed geopolitical turmoil, tariff increases, rising OPEC+ production,

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MSX Gains 6 Points as Market Index Closes Higher

December 31, 2025

Muscat: Muscat Stock Exchange (MSX) main index closed higher today, increasing by 0.11 percent. The MSX 30 Index concluded the trading session at 5,866.80 points, registering a rise of 6.4

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Bank Muscat Successfully Manages RO 200 Million Sovereign Sukuk Issuance

December 31, 2025

Muscat: Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of RO 200 million. The

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