Business

European Shares Flat on Healthcare Gains

Jerusalem: The European shares were flat today, with gains in heavyweight healthcare stocks offsetting the decline in the broader market, as investors fretted over a potential delay in the closely-watched US jobs data. The pan-European STOXX 600 (.STO…

US Government Enters Shutdown for First Time in Nearly 7 Years

Washington: The US government shut down early today for the first time in nearly seven years, after Congress failed to pass a funding law to ensure the continued operation of institutions.

According to Oman News Agency, following the vote’s

Dollar Declines on US Shutdown Worries, Aussie Rises

New york: The US dollar fell today as investors braced for a possible US government shutdown that would delay the release of the crucial jobs report this week, while the Australian dollar rose after the central bank struck a cautious

European Shares Ease as Losses in Energy, Healthcare Stocks Weigh

London: The European shares eased today as heavyweight energy and healthcare stocks lost ground, while investors weighed the potential impact of a US government shutdown that could delay the release of the closely-watched monthly jobs data.

Accordin…

Oman’s GDP Records 2.1% Growth at Constant Prices

Muscat: The Gross Domestic Product (GDP) of the Sultanate of Oman at constant prices recorded a growth rate of 2.1 percent in the second quarter of 2025. It reached a market price value of RO 9,363.5 million, compared to RO

OPAZ Board of Directors Holds Third Meeting

Muscat: The Board of Directors of the Public Authority for Special Economic Zones and Free Zones (OPAZ) held its third meeting this year, chaired by Sheikh Dr. Ali Masoud Al Sunaidy, Chairman of the Board. The meeting addressed key initiatives

Oman Oil Price Declines 1.11 US Dollars

Muscat: Oman oil price (November delivery 2025) today reached 68.11 US Dollars, comprising a drop by 1.11 US Dollars compared to the price of yesterday Monday which stood at 69.22 US Dollars.

According to Oman News Agency, the average price