Muscat: Gold today rose to a two-week high, as the dollar slipped after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook. Spot gold rose 0.5% to $3,384.34 per ounce, after hitting its highest level since 11 August 2025…
Month: August 2025
Dollar Drops after Trump Fires Fed’s Cook
Muscat: The US dollar today surrendered gains in early trading in Asia after US President Donald Trump said he was removing Federal Reserve Governor Lisa Cook from her position. The dollar index fell 0.3% to 98.187 after Trump made the announcement in…
Oman, Saudi Arabia Collaborate to Boost Business and Industrial Integration
Muscat: Acting in cooperation with the Saudi Export Development Authority, the Ministry of Commerce, Industry and Investment Promotion organized bilateral meetings in Muscat between Omani factory entrepreneurs and their Saudi counterparts. The discuss…