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Oman Advances National Halal System to Boost Export Competitiveness

December 17, 2025

Muscat: The Sultanate of Oman’s National Halal System Task Force convened for its third meeting to review progress on the development and launch of the integrated framework, a key initiative

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Energy Development Oman Upgraded to Investment Grade by Fitch Ratings

December 17, 2025

Fitch ratings: Fitch Ratings has upgraded the credit rating of Energy Development Oman (EDO) to investment grade at ‘BBB-‘, assigning a stable outlook. This action follows the agency’s recent upgrade

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Oil Prices Decline in Early Trading on Surplus Concerns

December 16, 2025

Muscat: Oil prices fell in early trading today, extending losses from the previous session: Oil prices fell in early trading today, extending losses from the previous session. Brent crude futures

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Gold Gains as Markets Price in Further Rate Cuts

December 16, 2025

Muscat: Gold prices edged higher today, supported by expectations that the United States may cut interest rates next month. Spot gold rose about 0.1% to $4,304.92 per ounce, while US

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Dollar Nears Two-Month Low in Early Trading

December 16, 2025

Muscat: The US dollar today fell in early Asian trading, hovering near its lowest level in nearly two months. The dollar index, which measures the greenback against a basket of

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OCCI Launches ‘Tamkeen’ Initiative for Enabling SMEs to Contest Government Tenders

December 16, 2025

Muscat: Oman Chamber of Commerce and Industry (OCCI) today launched an initiative codenamed ‘Tamkeen’ (empowerment) to enable small and medium enterprises (SMEs) to opt for government tenders. The initiative was

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Strategic Investment Agreement Inked between ITHCA Group, Saudi Vision Projects Fund

December 16, 2025

Muscat: ITHCA Group today announced three strategic investments aimed at enhancing the growth of Omani tech startups and strengthening the depth of the growing partnership between the Sultanate of Oman

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MSX 30 Index Experiences Significant Decline with 57 Point Drop

December 16, 2025

Muscat: The MSX 30 Index concluded today’s session at 5,928.25 points, dropping 57.4 points, or 0.96 percent, compared to the previous close of 5,985.66 points. According to Oman News Agency,

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