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Category: General

MSX General Index Suffers Minor Decline

Muscat: Muscat Stock Exchange (MSX) general index (30) today lost 5.5 points, comprising a drop by 0.13% to close at 4381.90 points, compared to the last session, which stood at 4387.39 points.

According to Oman News Agency, the trading value today…

Remittances by Workers in GCC Countries Exceed USD 131 Billion

Muscat: The total remittances of workers in the Gulf Cooperation Council (GCC) countries to foreign destinations amounted to USD 131.5 billion by the end of 2023, according to the latest data released by the GCC Statistical Centre.

According to Oman…

Oil Prices Dip Amid Fears of Tariff Wars Affecting Global Economy

New York: Oil prices eased today after surging the day before as worries about the impact of intensifying tariff wars on global economic growth and energy demand outweighed the positive sentiment from a larger-than-expected draw in US gasoline stocks….

Dollar Rises, Thanks to Rise in US Treasury Yields

London: The dollar rebounded slightly today, thanks to a rise in US Treasury yields, though currencies traded in tight ranges as investors struggled to determine the impact of an escalating global trade war on US inflation and growth. The dollar rose …

Oman Oil Price Rises 1.46 US Dollars

Muscat: Oman oil price (May delivery 2025) today reached 72.14 US Dollars, comprising a rise by 1.46 US Dollars compared to the price of yesterday ‘Wednesday’ which stood at 70.68 US Dollars.

According to Oman News Agency, the average price of Oman …