Muscat: The Sultanate of Oman’s total electricity production recorded a growth of 12.6 percent by the end of May 2025, reaching 18,948.9 gigawatt-hours. This is an increase from 16,829.3 gigawatt-hours during the same period in 2024.
According to Om…
Muscat: OQ has officially joined the SWIFT network, the global financial messaging system operated by the Society for Worldwide Interbank Financial Telecommunication. This strategic move enables OQ to receive electronic bank statements directly via it…
Muscat: Oil prices slipped in early Asian trade today after OPEC+ agreed to another large production hike in September. Brent crude futures fell 40 cents, or 0.57%, to $69.27 a barrel while US West Texas Intermediate crude was at $66.96 a barrel, down…
New york: The dollar found some support today after the release of the US jobs report that led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than …
Muscat: The total issuance of Government Treasury Bills amounted to RO 33 million. The value of the allotted Treasury bills amounted to RO 5 million, for a maturity period of 28 days. The average accepted price reached RO 99.700 for every RO 100, and …
Muscat: Gold prices slipped today as investors booked profits after a sharp rise in the previous session following weaker-than-expected US jobs data that boosted expectations for a Federal Reserve interest rate cut in September. Spot gold lost 0.3% to…
