Day: October 12, 2026

Dollar Trades Near 18-Month High Amid Geopolitical Tensions

Hanoi:The dollar traded near its highest level in 18 months as escalating conflict in the Middle East prompted investors to exercise caution ahead of the upcoming US inflation data, which could influence monetary policy.

According to Oman News Agenc…

Salalah Free Zone Inks Agreement for Beverage Production Facility

Salalah:Muscat Salalah Free Zone has entered into a usufruct agreement with Advanced Packaging Company, a branch of Alesayi Holding Company from Saudi Arabia. This partnership aims to establish an industrial project dedicated to producing carbonated b…

Oil Prices Drop Following Russia-Ukraine Energy Agreement

Hanoi:Oil prices saw a decline today amid expectations of increased Russian energy supplies after an announcement of an agreement between Ukraine and Russia to halt strikes on each other’s energy facilities.

According to Oman News Agency, US Preside…