Muscat: The total oil production of the Sultanate of Oman increased by 11.3 percent by the end of July 2026, reaching 233,803,300 barrels, compared to 210,122,200 barrels during the corresponding period in 2025, according to preliminary data issued by…
Business
Gold Hits Near Two-Week Low, Reaching $4417.04 per Ounce
Gold extended declines today:old extended declines today, hitting its lowest in nearly two weeks after US Federal Reserve Chair Kevin Warsh signaled that interest rate hikes may be needed to contain inflation. Spot gold fell 0.8% to $4,417.04 per ounc…
Cooperation Agreement Inked to Implement “Riyada Plus” Programme
Muscat: The Authority for Small and Medium Enterprises Development (Riyada) has signed a cooperation agreement with Namaa Electricity Supply Company to implement the “Riyada Plus” programme. This initiative aims to provide supportive solutions and ben…
