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Gold Hits Two-Week Low as US-EU Trade Agreement Eases Market Concerns

July 28, 2025

Muscat: Gold prices today fell to their lowest in nearly two weeks, as a framework trade agreement between the United States (US) and European Union (EU) reduced appetite for safe-haven

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Euro Rises as Dollar Index Dips Following US-EU Trade Framework

July 28, 2025

Muscat: The euro today edged higher after the United States (US) and the European Union (EU) announced a framework trade agreement, boosting investor confidence. In Asian trading, the euro rose

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Foundation Stone Laid for RO 80 Million Tourism Complex in Salalah

July 28, 2025

Muscat: The Ministry of Heritage and Tourism celebrated today the laying of the foundation stone for an integrated tourism complex in the Junuf area of Salalah, with an estimated investment

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Oman’s Total Refinery Production Rises by 1.6%

July 28, 2025

Muscat: Oman’s total refinery production experienced a growth of 1.6 percent by the end of June 2025. This rise comes despite a notable decrease in MOGAS (motor gasoline) production for

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Duqm Refinery Celebrates Export of 500th Oil Products Shipment

July 28, 2025

Duqm: Duqm Refinery marked a significant milestone with the export of its 500th shipment of refined petroleum products through its export terminal, reflecting the company’s rapid progress and solidifying its

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GCC Countries Record $587.8 Billion in Nominal GDP

July 27, 2025

Muscat: The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) revealed that the nominal Gross Domestic Product (GDP) of

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South Korea and US Gear Up for Critical Trade Negotiations Ahead of Tariff Deadline

July 27, 2025

Seoul: The Republic of Korea’s presidential office has announced a concerted effort to engage in trade negotiations with Washington, as high-level meetings are set for next week to address impending

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First Omani Company in Health Insurance Claims Management Launched

July 27, 2025

Muscat: The first company specializing in health insurance claims management, ‘Green Line Health Insurance Claims Management Company,’ has been launched in Oman. This marks a significant milestone as the first

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