Seoul: The Republic of Korea’s presidential office has announced a concerted effort to engage in trade negotiations with Washington, as high-level meetings are set for next week to address impending tariffs. This strategic move comes in response to lo…
Muscat: The effective exchange rate index of the Omani Rial experienced a 1.3 percent increase, reaching 119.1 points by the end of May 2025, compared to 117.6 points during the same period last year.
According to Oman News Agency, preliminary data …
Muscat: The latest data released by the Statistical Centre for the Cooperation Council for the Arab Countries of the Gulf (GCC-Stat) revealed that the nominal Gross Domestic Product (GDP) of the Gulf Cooperation Council (GCC) countries reached $587.8 …
Muscat: The first company specializing in health insurance claims management, ‘Green Line Health Insurance Claims Management Company,’ has been launched in Oman. This marks a significant milestone as the first Omani company licensed for this activity,…
New york: The dollar index, which measures the performance of the US currency against a basket of major currencies, fell slightly during today’s trading, reaching 97.15 points, while the yen and euro rebounded thanks to progress in global trade negoti…
Muscat: The United Nations today called for urgent and coordinated action to launch recovery efforts in Lebanon, warning that the country’s protracted crisis is worsening under the combined impact of war and other compounding shocks.
According to Om…
