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Category: Trading

Oman-Cebu Investment Forum Commences Tomorrow

Muscat: The Sultanate of Oman will host the Oman-Cebu Investment Forum in Muscat tomorrow. The forum serves as a joint economic platform between the Sultanate of Oman and the Philippines, aimed at expanding the horizons of bilateral cooperation and st…

Dollar Recovers as ECB, BoE Decisions Loom

Muscat: The dollar steadied at the start of Asian trade today ahead of interest rate decisions from the European Central Bank (ECB) and the Bank of England (BoE), both of which are expected to keep rates on hold later in the global day. The US dollar …

MSX Rises 44 Points

Muscat: Muscat Stock Exchange (MSX) main index closed higher today, rising 0.69 percent. The MSX 30 Index concluded the trading session at 6,424.70 points, registering an increase of 44.1 points from the previous close of 6,380.59 points.

According …

Oil Prices Fall 2% as Fears of Potential Supply Disruptions Ease

Muscat: Oil prices fell about 2% today after the US and Iran agreed to hold talks, easing concerns that a potential military conflict between them could disrupt supply. Brent crude futures fell $1.44, or 2.07%, to $68.02 per barrel, while US West Texa…