Muscat: The general inflation rate in the GCC countries increased by 1.5 percent by the end of September 2024 compared to the same month of the previous year (2023), according to consumer price data issued by the GCC Statistical Center. Among GCC coun…
New York: The US dollar today declined slightly, but remained close to a two-year peak, as traders awaited a series of US economic data this week for further clues on the Federal Reserve’s rate outlook. The dollar index, which measures the US currency…
Muscat: Gold prices held steady today as investors awaited a slew of US economic data due out this week for guidance on the Federal Reserve’s interest rate stance. Spot gold was steady at $2,639.56 per ounce.
According to Oman News Agency, US gold f…
Muscat: Acting in cooperation with Muscat Municipality, the Ministry of Commerce, Industry and Investment Promotion today launched the ‘Lease Contracts Service’ via Oman Business Platform. On the platform, the Ministry also launched the Financial Repo…
Muscat: Oil prices today hovered at their highest since October 2024 as investors eyed the impact on global fuel demand from colder weather in the Northern Hemisphere and Beijing’s economic stimulus measures. Brent crude futures rose 15 cents, or 0.2%…
Muscat: Represented by the Civil Aviation Authority (CAA), the Sultanate of Oman today signed an air transport agreement with the Republic of Djibouti for enhancing bilateral cooperation in the field of air transport and facilitating the movement of p…
