December 1, 2025

Dollar Slips on Rate-Cut Bets

New york: The dollar began the month of December on a softer note as investors ramped up bets of a US interest rate cut later this month. Against a basket of currencies, the greenback was down 0.05% to 99.39, having

Major Industrial Projects Worth Over RO 900 Million Launched

Muscat: A number of industrial cities, free zones, and economic zones are witnessing the launch of six major industrial projects, with total investments reaching RO 906 million. These projects represent a pivotal phase in the government’s efforts aime…

Oil Jumps Over 1.5% as OPEC+ Holds Output

Muscat: Oil prices rose by more than 1.5% in early Asian trading today after the OPEC+ alliance decided to maintain current production levels, shelving a previously planned output increase for the first quarter of next year (2026). Brent crude futures…

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