Muscat: Gold prices surged by more than 2% today, extending their strongest performance since 2008, supported by strong investor demand and a weaker US dollar. Spot gold rose 2.2% to $5,044.74 an ounce, after jumping 5.9% in the previous session, mark…
Month: February 2026
Oil Extends Gains Amid Global Supply Concerns
New york: Oil prices extended gains today, building on Tuesday’s rally amid renewed concerns over potential supply disruptions linked to rising regional tensions between the United States and Iran.
According to Oman News Agency, Brent crude futures…
Air Gases Production Plant Worth RO 4m Inaugurated in Al Rusayl Industrial City
Sohar: Al Rusayl Industrial City witnessed the inauguration of an air gases production plant for the Global Gas Services Company today. Spanning a total area of 20,000 square meters with an investment volume reaching RO 4 million, the facility has a d…
