Muscat: Muscat Stock Exchange (MSX) will celebrate tomorrow (Wednesday), 12 March 2025, the listing of Asyad Shipping Company and the start of trading its shares after the completion of the initial public offering (IPO) process for 20 percent of its c…
New York: The US dollar index experienced fluctuations today, stabilizing at 103.8. The index was weighed down by losses against the Japanese yen, which surged to a five-month high, highlighting the yen’s status as a safe-haven currency amid market un…
Muscat: Oil prices fell for a second day in early trade today on worries that US tariffs on Canada, Mexico and China would slow economies around the world and hurt energy demand while OPEC+ ramps up its supply. Brent futures fell 29 cents, or 0.42%, t…
Muscat: Gold rose today on weak dollar and Treasury yields, as investors awaited inflation data to assess the Federal Reserve’s policy path amid simmering trade tensions and fears of economic slowdown. Spot gold rose 0.3% to $2,898.27 an ounce, while …
Muscat: The total electricity production in the Sultanate of Oman till the end of December 2024 grew by 7.6% to 48,452.7 gigawatts per hour, compared to 45,012.9 gigawatts per hour during the corresponding period in 2023, according to preliminary stat…
Muscat: The total number of passengers traveling through the airports of the Sultanate of Oman by the end of January 2025 reached 1,331,619. Meanwhile, the total number of flights landing and departing from the airports of Oman by the end of January 2…
