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…

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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…

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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

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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

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Gold Prices at 2-Week Low

Muscat: Gold prices today fell to a near two-week low. Spot gold fell 1.08% to $3,332.05 per ounce, after hitting its lowest level since 11 June 2025. US gold futures also declined by 0.9%, reaching $3,363.50.

According to Oman News

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