Business

Oman and Thailand Strengthen Economic Ties Through Business Forum

Muscat: The Omani-Thai Business Forum, organized by the Oman Chamber of Commerce and Industry (OCCI) today, laid emphasis on consolidating economic partnerships between the private sectors of the Sultanate of Oman and the Kingdom of Thailand. The foru…

Dollar Recovers While Yen Falls to One-And-Half-Year Low

Tokyo: The dollar index recovered marginally to 99.01, having clocked its worst day in three weeks in the previous session, while the Japanese yen fell to its lowest level since July 2024 to 158.975 per dollar.

According to Oman News

Gold Prices Decline Following Record High

Dubai: Gold eased today, a day after breaching $4,600/ounce for the first time ever, as investors booked profits amid heightened geopolitical and economic uncertainty. Spot gold fell 0.4% to $4,576.79 per ounce. Bullion hit a record high of $4,629.94 …

European Shares Hit Record High

Dubai: European stocks recorded a record high today, as investors assessed a series of corporate results ahead of the release of US inflation data. The pan-European STOXX 600 index rose 0.1 percent, and Germany’s DAX index rose marginally amid volatil…

Major Stock Indexes in Japan Close at Record Levels

Tokyo: Major stock indexes in Japan closed at record levels today, with the Nikkei index surpassing 53,000 points for the first time.

According to Oman News Agency, the Nikkei stock index (225 shares) rose by 1,609.27 points, or 3.10 percent,

Omani-Italian Relations Enter New Economic Chapter

Muscat: Omani-Italian relations are entering a new chapter of economic cooperation, as the visit of Giorgia Meloni, Prime Minister of the Italian Republic to the Sultanate of Oman represents a step towards maximizing this cooperation for a more divers…

MSX Drops 14 Points as Trading Turnover Declines

Muscat: Muscat Stock Exchange (MSX) main index closed lower today, dropping by 0.23 percent. The MSX 30 Index concluded the trading session at 6,178.11 points, registering a decline of 14.5 points from the previous close of 6,192.57 points.

Accordin…

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