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Category: General

Gold Falls to 8-Week Low on Stronger Dollar, Rising Yields.

New York: Gold prices fell today for a fifth straight session to hit its lowest level in eight weeks, pressured by a stronger US dollar and rising Treasury yields amid uncertainty over the pace of the Federal Reserve’s interest rate cuts. Spot gold wa…

Italian Official Visits Maritime Security Centre.

Muscat: Lt. Gen Carmine Masiello, Chief of Staff of the Italian Army, and his accompanying military delegation visited the Maritime Security Centre (MSC) today. The delegation was greeted upon their arrival by Commodore Adil Hamoud Al Busaidi, Head of…

Foreign Minister Receives Credentials of New Saudi Ambassador.

Muscat: Sayyid Badr Hamad Al Busaidi, the Foreign Minister, today received a copy of the credentials from Ibrahim Saad Ibrahim Bishan, the newly appointed Ambassador of the Kingdom of Saudi Arabia (KSA) to the Sultanate of Oman.

According to Oman Ne…

Oman’s Pavilion Opens at 29th Climate Summit in Azerbaijan.

BAKU: The Sultanate of Oman’s pavilion was inaugurated at the 29th Climate Summit held in Baku, Azerbaijan, with the attendance of international negotiators. Eng. Salim bin Nasser Al Aufi, the Minister of Energy and Minerals and the chief guest of the…

Gold Edges Higher Ahead of US Inflation Data.

Gold: Gold prices edged up today as investors sought bargains after steep declines in the previous session, while the spotlight shifted to US inflation data, which could shed more light on the Federal Reserve’s path for monetary policy. Spot gold firm…