Muscat: The Central Bank of Oman (CBO) has announced the approved fee structure for the national payment card ‘Maal’ consumer Debit and Prepaid card. The move reflects the Sultanate of Oman’s ongoing efforts to establish a more efficient national paym…
Business
Oil Prices Drop on Easing Supply Fears
Muscat: Oil prices dipped today as supply concerns eased, while traders continued to assess the impact of Western sanctions on Russian flows. Brent crude futures were down 28 cents, or 0.4%, at $63.92 a barrel. US West Texas Intermediate (WTI) crude f…
Gold Extends Losses on Firm Dollar
Muscat: Gold price fell for a fourth straight session today, weighed down by a firm dollar and diminished prospects of a US interest rate cut next month. Spot gold was down 0.1% at $4,039.19 per ounce. US gold futures for December delivery fell 0.9% t…