Istanbul: The Sultanate of Oman participated in the 41st Ministerial Session of the Standing Committee for Economic and Commercial Cooperation (COMCEC) of the Organisation of Islamic Cooperation (OIC), held in Istanbul, Republic of Trkiye. The Omani d…
Business
Dollar Nears Three-Month High as Investors Await Economic Data
Muscat: The US dollar strengthened today to a near three-month high as investors awaited a series of economic data releases this week to gauge the outlook for the US economy and assess whether it could influence the Federal Reserve’s policy stance. Th…
Gold Prices Fall as Dollar Strengthens
Muscat: Gold prices declined today, weighed down by a stronger US dollar as investors scaled back expectations for further Federal Reserve interest rate cuts. Spot gold fell 0.8% to $3,968.76 per ounce, while US gold futures for December delivery slip…