Effective Exchange Rate Index of Omani Rial Rises by End of May
Muscat: The effective exchange rate index of the Omani Rial experienced a 1.3 percent increase, reaching 119.1 points by the end of May 2025, compared to 117.6 points during the
Muscat: The effective exchange rate index of the Omani Rial experienced a 1.3 percent increase, reaching 119.1 points by the end of May 2025, compared to 117.6 points during the
Muscat: The United Nations today called for urgent and coordinated action to launch recovery efforts in Lebanon, warning that the country’s protracted crisis is worsening under the combined impact of
Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,765.18 points, marking a decline of 12 points (0.25%) from the previous session’s close of 4,777.19 points. According to Oman
Muscat: The Omani startup platform SafaQat or ‘Deals,’ which specializes in digital purchasing and procurement, has successfully completed a funding round with Future Fund Oman and the Idrak Group. This
Muscat: Oil prices steadied in early trading today after falling for three consecutive sessions as a US trade deal with Japan signaled progress on tariffs and a poll showed US
Muscat: The US dollar declined today against the Japanese yen, following an announcement by US President Donald Trump of a trade agreement with Japan ahead of an imminent tariff deadline.
Muscat: Gold eased today as risk appetite improved despite a soft dollar and lower Treasury yields. Spot gold was down 0.2% at $3,423.44 per ounce, after hitting its highest point
Muscat: Future Fund Oman (FFO) has demonstrated positive performance during its first year of operations, having approved 44 projects with a total project value of approximately RO 1.2 billion. According
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