Muscat: His Majesty Sultan Haitham bin Tarik left here today heading to the Kingdom of Bahrain to participate in the GCC Summit. This participation comes in response to an invitation received by His Majesty the Sultan from the King of the Kingdom of B…
Month: December 2025
State Council Discusses Eleventh Five-Year Plan, 2026 State Budget
Muscat: The State Council today discussed the draft of the Eleventh Five-Year Development Plan (2026 – 2030) and the draft of the State General Budget for the fiscal year 2026, during its second session of the third ordinary convening of the eighth te…
Oil Prices Fall for Second Day on Surplus Concerns
Muscat: Oil prices fell for a second consecutive session today amid growing concerns over a potential supply surplus, driven by rising crude and fuel inventories. Brent crude futures were down 13 cents, or 0.21%, at $62.32 a barrel, after falling 1.1%…