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Day: September 24, 2025

Chairman of Civil Aviation Authority Chairs ICAO General Assembly

Montreal: The International Civil Aviation Organization (ICAO) announced the nomination of Eng. Naif Ali Al Abri, Chairman of the Civil Aviation Authority (CAA), as the President of the 42nd Session of the General Assembly. The session commenced today…

Dollar Rises as Markets Weigh Fed’s Cautious Tone on Easing

New york: The US dollar today edged up from its lowest level in close to a week after Federal Reserve Chair Jerome Powell struck a cautious tone on further easing. The US dollar index, which measures the currency against six major rivals, added 0.1% t…

Gold Prices Ease from Record High

Muscat: Gold prices today retreated from an all-time peak in the previous session, as investors weighed cautious remarks by US Federal Reserve Chair Jerome Powell on the outlook for interest rate cuts. Spot gold slipped 0.3% to $3,753.22 per ounce, af…

Oil Prices Rise as US Crude Stockpiles Decrease

Muscat: Oil prices today rose for a second straight session after industry data showed a decline in US crude stockpiles, reinforcing expectations of tightening supply. Brent crude futures gained 27 cents, or 0.4%, to $67.90 a barrel, while US West Tex…