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Author: Web Desk

SalamAir Launches First Flights to Abha, Saudi Arabia

Muscat: SalamAir, the economic carrier of the Sultanate of Oman, today launched its direct flights to Abha City in the Kingdom of Saudi Arabia. This step enhances air connectivity between the two countries and supports reciprocal tourist movement betw…

MSX 30 Index Experiences Significant Decline with 57 Point Drop

Muscat: The MSX 30 Index concluded today’s session at 5,928.25 points, dropping 57.4 points, or 0.96 percent, compared to the previous close of 5,985.66 points.

According to Oman News Agency, the total trading value reached RO 38,213,493, reflectin…

Dollar Nears Two-Month Low in Early Trading

Muscat: The US dollar today fell in early Asian trading, hovering near its lowest level in nearly two months. The dollar index, which measures the greenback against a basket of major currencies, slipped 0.2% to 98.261, close to its weakest level since…

Gold Gains as Markets Price in Further Rate Cuts

Muscat: Gold prices edged higher today, supported by expectations that the United States may cut interest rates next month. Spot gold rose about 0.1% to $4,304.92 per ounce, while US gold futures climbed to $4,333.20 per ounce. Gold has gained more th…

Oman, India Forge Path for Deeper Economic Integration

Muscat: The Omani-Indian relations are witnessing remarkable growth across various fields, particularly in the field of economic integration, which stands as a fundamental pillar aligning with the ambitions and shared aspirations of the two nations.

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