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Category: Trading

Agreement Signed for Development of Dhofar II Wind Farm Project

Muscat: Nama Power and Water Procurement company today signed an agreement with a consortium of companies, including Sembcorp and OQ Alternative Energy, to develop the Dhofar Wind Power Farm project (Phase II) in the Sultanate of Oman. The scope of de…

CAA Marks Milestones for Muscat and Salalah Airports

Muscat: The Civil Aviation Authority (CAA) today celebrated the 7th anniversary of Muscat International Airport and the 10th anniversary of Salalah Airport. These airports are essential components of Oman’s national air transport system, featuring adv…

CBO Rolls Out New Government Development Bonds via Auction

Muscat: On behalf of the Government of Sultanate of Oman, represented by the Ministry of Finance, the Central Bank of Oman (CBO) announced the new issues of Government Development Bonds.

According to Oman News Agency, the new bond issues include Iss…

Registered Vehicles in Oman Increase by 5.6%

Muscat: The total number of registered vehicles in the Sultanate of Oman increased by 5.6 percent at the end of September 2025, reaching 1,825,032 vehicles compared to September of the previous year, according to data issued by the National Centre for…

Gold Surges to Near Three-week High on Fed Rate Cut Bets

Muscat: Gold extended gains to a near three-week high today, as growing expectations of another US Federal Reserve interest rate cut in December lifted demand for the safe-haven asset. Spot gold was up 0.4% at $4,131.83 per ounce, its highest since 24…