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Day: August 4, 2025

Oman and Mongolia Discuss Investment Cooperation Opportunities

Ulaanbaatar: Abdulsalam Mohammed Al Murshidi, Chairman of the Oman Investment Authority (OIA), and his delegation engaged in discussions with Gombojavyn Zandanshatar, Prime Minister of Mongolia, in Ulaanbaatar, Mongolia’s capital. During the meeting, …

MSX Gains 29 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index today closed at 4,930.08 points, marking a rise of 29.8 points (0.61%) from the previous session’s close of 4,900.31 points.

According to Oman News Agency, the trading value reached RO 21,742,254, reflec…

OQ Announces SWIFT Integration

Muscat: OQ has officially joined the SWIFT network, the global financial messaging system operated by the Society for Worldwide Interbank Financial Telecommunication. This strategic move enables OQ to receive electronic bank statements directly via it…

Oman’s Electricity Production Grows by 12.6%

Muscat: The Sultanate of Oman’s total electricity production recorded a growth of 12.6 percent by the end of May 2025, reaching 18,948.9 gigawatt-hours. This is an increase from 16,829.3 gigawatt-hours during the same period in 2024.

According to Om…

Dollar Steadies as US Jobs Report Fuels Rate Cut Speculation

New york: The dollar found some support today after the release of the US jobs report that led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than …