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Day: October 9, 2024

State Public Revenue Exceed RO 8 Billion

The State’s Public Revenue At the end of August 2024 amounted to RO 8,106 million, up by RO 183 million compared to RO 7,923 million registered over the same period in 2023. This is mainly due to an increase in net oil revenue, according to the Fisca…

US Dollar Keeps Poise ahead of Fed Minutes

The US dollar drifted sideways today, giving some relief to the Japanese yen and other major currencies after a sharp rally to a seven-week high last week, as investors paused to assess the interest rate outlook for the United States.

The US dollar …

Oil Prices Rise amid Mideast Tensions

Oil prices edged up today as developments in the Middle East took center stage against cautious demand expectations and ahead of a government meeting on China’s fiscal policy.

Brent crude futures rose 45 cents, or 0.6%, to $77.63 a barrel, while US …

Israeli air attacks kill 8 people in Lebanon

At least eight people have been killed and some others injured by ongoing Israeli army air strikes on the southern outskirt of Beirut, Beqaa and some other southern parts.

Israeli army aircraft destroyed some buildings in the districts of Er Rouaiss…