Baghdad: Oil prices fell for the fifth straight session following a preliminary agreement between Iraq’s federal government and the Kurdish regional administration to restart an oil pipeline, raising oversupply concerns in the market. Brent crude futu…
Day: September 23, 2025
CBO’s 2025 Financial Stability Report Highlights Resilient Banking Sector and Economic Confidence
Muscat: The Central Bank of Oman (CBO) has unveiled its 2025 Financial Stability Report (FSR), offering a comprehensive and forward-looking assessment of Oman’s financial system. The report reflects the strength of Oman’s financial foundations, the co…
Gold Shines at Record Peak on US Rate-Cut Bets
Muscat: Gold prices today surged to a historic peak, buoyed by rising expectations of additional US interest rate cuts and a softer dollar. Spot gold rose 0.2% to $3,752.43 per ounce, touching an all-time high of $3,758.03 earlier in the session. US g…