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Concession Agreement Signed for Block 80 in Musandam

June 24, 2026

Muscat: The Ministry of Energy and Minerals signed a concession agreement today for Block 80 with OQ Exploration and Production (OQEP) – Musandam Offshore and Turkish Petroleum Overseas Company Limited

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SalamAir Launches First Direct Flight from Oman to Austria

June 24, 2026

Vienna: The first direct flight of SalamAir, the low-cost carrier of the Sultanate of Oman, arrived today at Vienna International Airport in the Republic of Austria. This arrival marks the

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Dollar Climbs to 13-Month Peak as Tech Rout and Rate Hike Bets Fuel Safe-Haven Demand

June 24, 2026

New york: The dollar extended its rally to hit its strongest level in 13 months against a basket of major currencies today, as investors sought shelter from a sell-off in

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Meeting Reviews Means to Enhance Partnership with Private Sector

June 24, 2026

Muscat: The Ministry of Commerce, Industry and Investment Promotion held a meeting today at the Ministry’s headquarters with a number of exporting Omani companies. The meeting sought to enhance partnership

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Gold Slides as Dollar Reaches One-Year High on Fed Rate Expectations

June 24, 2026

Muscat: Gold prices fell today as the dollar strengthened to its highest level in more than a year on expectations of US interest rate hikes, while investors weighed conflicting signals

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Oman Strengthens Ties with Algeria Through Strategic Agreements at Algiers Fair

June 24, 2026

Algiers: The Sultanate of Oman’s participation in the 57th edition of the Algiers International Fair today witnessed the signing of a number of agreements and memoranda of understanding between several

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Oil Prices Slide to Four-Month Lows as Supply Concerns Diminish

June 24, 2026

Muscat: Oil prices continued their downward trend today, reaching levels not seen in four months, as diminishing supply concerns affected the market.

According to Oman News Agency, Brent crude futures

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MSX 30 Index Rises 45 Points Amid Trading Surge

June 24, 2026

Muscat: Muscat Stock Exchange “MSX 30” index today closed at 7,348.49 points, up 45.2 points, or 0.62 percent, from the previous session’s close of 7,303.30 points. Trading value stood at

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