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Day: February 2, 2026

Gold Falls 1.5% on Firm Dollar

Muscat: Gold today extended falls, pressured by a firm dollar, as gauged US President Donald Trump’s Fed chair pick Kevin Warsh’s approach to interest rate cuts. Spot gold was down 1.5% at $4,793.97 per ounce, after touching a more than one-week low o…

Fiber Connect Council MENA Conference Commences in Muscat

Muscat: The activities of the 5th Fiber Connect Council MENA Conference and Expo began in Muscat today, focusing on the accelerated progress in developing fiber optic infrastructure supported by artificial intelligence technologies.

According to Oma…

SalamAir Celebrates 9 Years of Strategic Growth

Salamair: SalamAir celebrated the ninth anniversary of its establishment and its active and strategic contribution to the development of the aviation sector in the Sultanate of Oman.

According to Oman News Agency, Mohammed Abdullah Al Khanjari, Cha…

Oman Oil Price Declines 2.07 US Dollars

Oman: Oman oil price (April delivery 2026) today reached 64.87 US Dollars, comprising a decline by 2.07 US Dollars.

According to Oman News Agency, the average price of Oman oil (February delivery 2026) stabilized at 62.09 US Dollars per barrel, thus…

Value of Tenders Issued in 2025 Exceeds RO 1.7 Billion

Muscat: The Projects, Tenders and Local Content Authority confirmed that its operations witnessed significant activity during 2025, reflecting the continuous pace of development in strengthening infrastructure and implementing developmental projects a…