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Oil Prices Trim Losses from Previous Session

February 18, 2026

Muscat: Oil prices steadied in Asian trade today after falling about 2% in the previous session as investors assessed progress in Iran-US talks. Brent futures rose 15 cents or 0.22%

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Dollar Holds Gains Amid Anticipation of Interest Rate Indicators

February 18, 2026

New york: The dollar held its ground today as geopolitical risks kept markets on edge and investors awaited minutes from the Federal Reserve for signals on future rate cuts. The

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Inflation in France Cools to 0.4% in January

February 18, 2026

Paris: Data from the French National Institute of Statistics and Economic Studies (INSEE) showed that France’s inflation rate slowed to 0.4 percent year-on-year in January, compared to a rise of

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Oman’s Telecom Sector Surges with 25% Revenue Growth as Digital Infrastructure Expansion Accelerates

February 17, 2026

Muscat: The Telecommunications Regulatory Authority (TRA) today unveiled remarkable sectoral achievements during its media briefing in Muscat, presenting comprehensive data on the transformative growth witnessed across Oman’s telecommunications and po…

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Development Bank Partners with Sohar Islamic Bank to Launch Loan Guarantee Programme

February 17, 2026

Muscat: The Development Bank today signed a strategic partnership memorandum of understanding (MoU) with Sohar Islamic Bank to launch a loan guarantee programme. The initiative aligns with the Development Bank’s

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Oman Air to Operate New Direct Flights Between Muscat and Sochi This Summer

February 17, 2026

Muscat: Oman Air, the national carrier of the Sultanate of Oman, has announced the expansion of its international network through the launch of new direct weekly flights to the Russian

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Gold Prices Decline by 1% Amid Stronger Dollar and Low Trading in Asia

February 17, 2026

Muscat: Gold fell 1% today as thin trading persisted across major Asian markets, while a firmer dollar also pressured prices. Spot gold dropped 0.9% to $4,947.98 per ounce, after losing

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Oil Steady as Supply Risks Assessed Ahead of US-Iran Talks

February 17, 2026

Muscat: Oil prices were steady today as investors assessed risks of supply disruption ahead of talks between the US and Iran. Brent crude futures fell 0.2% at $68.59 a barrel,

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