Muscat: The US dollar today sank to an almost seven-week low as investors braced for US data revisions that could show the jobs market in worse shape than initially thought, shoring up the case for even deeper Federal Reserve’s interest rate cuts. The…
Muscat: The 34th edition of the COMEX Global Technology Exhibition, titled “COMEX 2025,” was inaugurated under the patronage of HH Sayyid Shihab bin Tarik Al Said, Deputy Prime Minister for Defence Affairs. The event, organized by the Arab Data Analyt…
Tokyo: The US dollar and Japanese yen both weakened today, influenced by economic data from the United States and political changes in Japan. A weak US jobs report has heightened expectations for an interest rate cut by the Federal Reserve, while the …
Muscat: Oil prices rose in early trade today as OPEC+ announced a decision to slow the pace of production increases starting in October 2025, in response to expectations of weaker global demand. This development helped mitigate some of the losses from…
Dar es salaam: An Omani trade delegation from the Oman Chamber of Commerce and Industry (OCCI) held meetings with representatives from Tanzanian businesses across various sectors as part of a visit aimed at enhancing bilateral trade and investment tie…
Muscat: The Muscat Stock Exchange (MSX 30) index experienced a notable decline, closing at 5,078.18 points after shedding 46.6 points, or 0.91%, from the previous session’s close of 5,124.80 points. Despite the drop in the index, the trading value saw…
