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Day: July 1, 2025

Brookfield Acquires Substantial Stake in Oman Tower Company

Muscat: Oman Tower Company (OTC), the independent telecom tower infrastructure provider in Oman, announced today that Brookfield acquired a substantial stake in the company. OTC is Oman’s fastest-growing telecom tower infrastructure company, having st…

MSX Gains 12 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,513.51 points, gaining 12.6 points (0.28%) from the previous session’s close of 4,500.87 points.

According to Oman News Agency, trading value decreased to RO 12,463,477, reflecting a 2….

Oman Air Inaugurates First Direct Flight to Amsterdam

Muscat: Oman Air, the national carrier of the Sultanate of Oman, today celebrated the launch of its inaugural flight to Amsterdam, marking a significant addition to its growing European network and reinforcing the airline’s commitment to connecting Om…

Oman Engages in Global Talks on Development Financing in Seville

Seville: The Sultanate of Oman is actively participating in the 4th International Conference on Financing for Development, which is currently being held in Seville, Spain. The conference is focused on finding ways to support the reform of the internat…

Gold Rises on Weaker Dollar

Muscat: Gold prices rose today, supported by a weaker US Dollar. Spot gold price gained 0.3% to $3,312.25 per ounce, while US gold futures gained 0.5% to $3,323.10.

According to Oman News Agency, the US dollar index fell 0.2%, hovering near a three-…

Oil Prices Decline Amid Economic Slowdown Concerns

Muscat: Oil prices edged down today, weighed by concerns of an economic slowdown driven by prospects of higher US tariffs. Brent crude fell 16 cents, or 0.24%, to $66.58 a barrel, while US West Texas Intermediate crude edged lower 20 cents, or 0.31%, …