Muscat: Oman-Pakistan Friendship Association (OPFA) held its Official Announcement Ceremony at Muscat marking a significant milestone in strengthening the longstanding friendship, cooperation, and cultural ties between the Sultanate of Oman and the Is…
Business
South Korea’s ICT Exports Surge to Record High in May on AI Chip Demand
Seoul: South Korea’s exports of information and communication technology products reached an all-time monthly high in May 2026, driven by strong demand for semiconductors and other artificial intelligence-related items. ICT exports stood at $47.79 bil…
Oman Crude Oil Price Drops by USD 1.54
Muscat: The official price of Oman crude oil for August 2026 delivery settled at USD 88.01 per barrel today. This represents a decrease of USD 1.54 from yesterday Wednesday’s price of USD 88.59.
According to Oman News Agency, the monthly average pr…