Vienna: The first direct flight of SalamAir, the low-cost carrier of the Sultanate of Oman, arrived today at Vienna International Airport in the Republic of Austria. This arrival marks the inauguration of the first direct air route connecting the two
New york: The dollar extended its rally to hit its strongest level in 13 months against a basket of major currencies today, as investors sought shelter from a sell-off in technology stocks and braced for Federal Reserve rate hikes.
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Muscat: The Ministry of Commerce, Industry and Investment Promotion held a meeting today at the Ministry’s headquarters with a number of exporting Omani companies. The meeting sought to enhance partnership with exporters in a manner that contributes t…
Muscat: Gold prices fell today as the dollar strengthened to its highest level in more than a year on expectations of US interest rate hikes, while investors weighed conflicting signals from US-Iran negotiations. Spot gold declined 0.5 percent to $4,0…
Algiers: The Sultanate of Oman’s participation in the 57th edition of the Algiers International Fair today witnessed the signing of a number of agreements and memoranda of understanding between several Omani companies and their Algerian counterparts.
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Muscat: Oil prices continued their downward trend today, reaching levels not seen in four months, as diminishing supply concerns affected the market.
According to Oman News Agency, Brent crude futures decreased by 37 cents, or 0.5 percent, settling …