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Category: Trading

Gold Hits Fresh Record High on Fed Cut Bets, Softer Dollar

Muscat: Gold prices today climbed to a new all-time high, buoyed by a weaker US dollar and falling bond yields, as growing bets for a Federal Reserve rate cut this month lifted demand for the precious metal. Spot gold gained 0.5% to $3,651.96 per ounc…

AI and Quantum Computing Forum Showcases Latest Innovations in Oman

Muscat: The Artificial Intelligence and Quantum Computing Forum, held at the Oman Convention and Exhibition Centre as part of the “COMEX 2025” exhibition, highlighted the latest advancements in AI and quantum computing, bolstering Oman’s standing in t…

Government Treasury Bills Issued Worth RO 89.85 Million

Muscat: The Government of Oman has issued Treasury Bills worth RO 89.85 million, with the Central Bank of Oman (CBO) acting as the Issue Manager. These short-term financial instruments are aimed at providing investment opportunities for licensed comme…