Muscat: Gold prices surged to a new record high above $4,100 today, driven by growing expectations of US Federal Reserve interest rate cuts and renewed US-China trade tensions that spurred safe-haven demand. Silver also rallied to an all-time high.
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Muscat: Muscat Stock Exchange “MSX 30” index today closed at 7,165.20 points, up 47.8 points, or 0.67 percent, from the previous session’s close of 7,117.20 points. Trading value stood at RO 45,918,886, representing a drop of 23.6 percent from RO 60,1…
Muscat: Tax Authority has introduced a significant five-year suspension of withholding tax on service contracts for vessels registered under the Omani flag, marking a strategic initiative to strengthen the nation’s maritime sector. The measure, effect…