Business

IEA Expects Continued Growth in Oil and Gas Demand Until 2050

Paris: The International Energy Agency (IEA) announced that global demand for oil and gas may continue to rise until 2050, marking a departure from its previous forecasts that had predicted a faster shift toward clean fuels.

According to Oman News

Gold Extends Gains for Fourth Day on Softer Dollar

Muscat: Gold prices today extended their gains for the fourth consecutive session, supported by a weaker US dollar and expectations that the end of the US government shutdown and upcoming economic data will strengthen prospects for an interest rate cu…

MSX Gains 28 Points

Muscat: Muscat Stock Exchange (MSX) 30 Index concluded today’s trading session at 5,720.04 points, registering a rise of 28.9 points, equivalent to 0.51 percent, from its previous close of 5,691.17 points.

According to Oman News Agency, trading acti…

Sohar Free Zone Ranked Among Top Three Free Zones Globally

Sohar: The Sultanate of Oman has achieved a qualitative accomplishment that reflects the strength of its position on the global investment map, as the Sohar Free Zone was ranked among the top three Free Zones in the world, according to

CAA Marks Milestones for Muscat and Salalah Airports

Muscat: The Civil Aviation Authority (CAA) today celebrated the 7th anniversary of Muscat International Airport and the 10th anniversary of Salalah Airport. These airports are essential components of Oman’s national air transport system, featuring adv…