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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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China’s Industrial Output Sees 4.8% Growth in November

December 15, 2025

Beijing: The value added of industrial output in China rose by 4.8 percent year-on-year in November, according to data issued by the National Bureau of Statistics of China. According to

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Tender Results of Government Treasury Bills Worth RO 33.9 Million Released

December 15, 2025

Muscat: The total issuance of Government Treasury Bills amounted to RO 33.9 million. The value of the allotted Treasury bills amounted to RO 33.9 million, for a maturity period of

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Gold Rises as US Treasury Yields Decline

December 15, 2025

Muscat: Gold prices rose today, supported by a decline in US Treasury yields, while silver prices stabilized after a record surge last week. Spot gold increased by 0.3% to $4,313.08

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