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Gold Scales New High as Dollar Weakens Ahead of Fed Meeting

September 16, 2025

Amman: Gold prices today scaled a record peak, supported by a weaker dollar ahead of the Federal Reserve’s policy meeting this week, where the central bank is widely expected to

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Dollar on Back Foot as Traders Eye Series of Fed Rate Cuts

September 16, 2025

Amman: The US dollar today sank to a 2-1/2-month low against the euro with investors cemented bets for a Federal Reserve interest rate cut this week. The greenback changed hands

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OPAZ Inks MoU to Enhance Industrial and Economic Consultancy

September 15, 2025

Muscat: The Public Authority for Special Economic Zones and Free Zones (OPAZ) and the Gulf Organization for Industrial Consulting (GOIC) have signed a Memorandum of Understanding (MoU) in the field

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Permanent Committee for Statistics Holds Its First Meeting of 2025

September 15, 2025

Muscat: The Permanent Committee for Statistics convened its first meeting of 2025 today under the chairmanship of Dr. Khalifa Abdullah Al Barwani, Chief Executive Officer of the National Centre for

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Tender Results of Government Treasury Bills Worth RO 176 Million Issued

September 15, 2025

Muscat: The total issuance of Government Treasury Bills amounted to RO 176.050 million. The value of the allotted Treasury bills amounted to RO 43.8 million, for a maturity period of

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Oman’s Electricity Production Rises by 9% by End of July 2025

September 15, 2025

Muscat: The Sultanate of Oman has experienced a 9% increase in total electricity production by the end of July 2025. The production reached 30,239.3 gigawatt-hours (GWh), a notable rise from

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Dollar Stabilizes Ahead of Fed Meeting

September 15, 2025

Muscat: The US dollar today held steady ahead of a pivotal week filled with central bank decisions led by the Federal Reserve, while the euro hardly reacted to Fitch’s downgrade

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Oil Stabilizes Amid Anticipation of US Fuel Demand

September 15, 2025

Muscat: Oil prices today stabilized, amid expectations of growing US fuel demand. Brent crude futures edged up 3 cents to $67.02, while US West Texas Intermediate (WTI) crude was at

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