Muscat: ITHCA Group has announced a strategic investment of RO 8 million (US$20 million) in Movandi, a US-based leader in semiconductors and smart wireless connectivity solutions.
According to Oman News Agency, this investment aligns with ITHCA Group…
Washington: The dollar steadied today, as US President Donald Trump softened his tone on tariffs toward China, and hopes grew for a possible meeting with his Chinese counterpart, which gave a boost to expectations of easing tensions between the world’…
Muscat: Gold prices surged to a new record high above $4,100 today, driven by growing expectations of US Federal Reserve interest rate cuts and renewed US-China trade tensions that spurred safe-haven demand. Silver also rallied to an all-time high.
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Muscat: Muscat Stock Exchange (MSX) registered significant gains in today’s trading session, with the benchmark MSX 30 Index closing at 5240.08 points, advancing 47.4 points or 0.91 percent from the previous close of 5192.64 points.
According to Oma…
Muscat: Tax Authority has introduced a significant five-year suspension of withholding tax on service contracts for vessels registered under the Omani flag, marking a strategic initiative to strengthen the nation’s maritime sector. The measure, effect…
Muscat: The 43rd session of the Arab Permanent Technical Committee for Statistics commenced in Muscat today, gathering senior officials from Arab statistical organizations and representatives of international statistical bodies. The high-level meeting…
