Muscat:Omani companies have signed six commercial agreements and memoranda of understanding with companies from Bahrain. These agreements were finalized during the “Made in the GCC 2026” forum and exhibition, highlighting the expanding trade cooperati…
Business
Oil Prices Rise Due to Climate and Geopolitical Concerns
Muscat:Oil prices have increased as the market evaluates current supply plans amidst climate and geopolitical risks. Brent crude futures rose by 93 cents, or 0.92 percent, reaching $101.51 per barrel. Meanwhile, US West Texas Intermediate crude saw an…
Dollar Rebounds as Markets Anticipate Federal Reserve Meeting
Muscat:The dollar regained some lost ground today as investors eagerly await the release of minutes from the US Federal Reserve’s meeting and comments from monetary policy officials regarding interest rate directions.
According to Oman News Agency, …