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Category: Trading

Al Rusayl Industrial City Localises 17 Projects in 2024

Muscat: Al Rusayl Industrial City, affiliated with the Public Establishment for Industrial Estates ‘Madayn’, has signed 17 contracts in 2024 to establish projects spanning an area of over 235,000 sqm. These projects have attracted investments exceedin…

OQX Celebrates Graduation of First Accelerator Cohort

Muscat: OQX, the research, development and innovation arm of OQ Group, has celebrated a major milestone with the graduation of the first cohort from its business accelerator programme. Thirteen startups took the stage to present their innovative solut…

Forum in Algiers Highlights Algerian-Omani Economic Partnerships

Algiers: The Algerian-Omani Business Forum, titled ‘Algerian-Omani Economic Partnerships: Pioneering Fields and Promising Prospects,” was held today in the Algerian capital, as part of Oman’s participation as the guest of honor at the 56th Algiers Int…

Oman Electricity & Energy Conference to Kick Off in October 2025

Muscat: The fourth edition of the Oman Electricity and Energy Conference 2025 will take place from 13-15 October 2025 at the Oman Convention and Exhibition Center. The event is organized by Nama Electricity Distribution Company.

According to Oman Ne…

Dollar Declines as Global Currencies Gain Strength

New York: The US dollar today declined against other currencies in early trading. The dollar index, which measures the performance of the US currency against a basket of currencies, fell to 98.12, continuing its decline of more than 0.5% in the previo…

Oil Prices Record Sharp Decline

Muscat: Oil prices today fell sharply to their lowest levels in over a week. Brent crude futures were down $2.08, or 2.9%, at $69.40 a barrel, after earlier tumbling more than 4% and touching its lowest level since 11 June 2025. US West Texas Intermed…