Muscat: Oil prices recorded a slight increase today, influenced by geopolitical developments in the Middle East. North Sea Brent crude for November delivery rose 0.53 percent to $96.79 per barrel. US West Texas Intermediate crude for October delivery …
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GCC Inflation Holds Steady at 1.8% in 2025, Among Lowest Globally
Muscat: Inflation across the GCC states remained stable at 1.8 percent in 2025, marking the second consecutive year below the 2 percent threshold. According to Oman News Agency, the report by the GCC Statistical Centre (GCC-Stat) indicates that this f…
Oman and Yemen Sign Landmark Electrical Interconnection Agreement
Muscat: The Sultanate of Oman and the Republic of Yemen signed two significant cooperation agreements in Salalah today. These agreements focus on the electrical interconnection project between Oman’s Dhofar Governorate and Yemen’s Al Mahra Governorate…