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Dollar Declines on September Rate Cut Expectations

August 13, 2025

New york: The dollar weakened today after a tame reading on US inflation bolstered expectations of a Federal Reserve rate cut next month. The dollar index, which measures the performance

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US National Debt Tops $37 Trillion for First Time

August 13, 2025

Washington: The US national debt has exceeded $37 trillion for the first time in the country’s history. Data released by the US Treasury Department yesterday “Tuesday” showed gross national debt

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Economic Seminar in Salalah Discusses Future of Sustainable Energy, Facilities Management

August 13, 2025

Salalah: An economic seminar titled ‘The Future of Sustainable Energy and Facilities Management’ was held today in the Wilayat of Salalah. Organized by Oman Chamber of Commerce and Industry (OCCI)

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Hydrom Announces New Incentives to Ensure Delivery-Readiness of Green Hydrogen Projects

August 13, 2025

Muscat: Hydrom has announced new fiscal incentives designed to enhance the commercial viability of projects that will be awarded through the ongoing third green hydrogen auction round. The measures represent

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Oil Rises as US-China Tariff Extension Lifts Trade Hopes

August 12, 2025

Muscat: Oil prices rose today after the United States and China agreed to extend a pause on higher tariffs, easing concerns that an escalation of their trade dispute could damage

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Gold Edges Up with Focus on US Inflation Data

August 12, 2025

New york: Gold prices nudged higher today, after a sharp decline in the previous session, as investors looked forward to US inflation data that could offer further insight into the

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Dollar Advances against Yen ahead of US Inflation Data

August 12, 2025

Tokyo: The dollar firmed against the yen today and held its ground against the euro and sterling, as markets braced for a US consumer inflation report later in the day

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Over 400,000 Visitors Flock to Khareef Dhofar by End of July 2025

August 12, 2025

Dhofar: The number of visitors to the Khareef Dhofar season from 21 June 2025 to 31 July 2025 reached approximately 442,100, marking a 7% increase compared to the same period

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