Muscat: The total issuance of Government Treasury Bills amounted to RO 33 million. The value of the allotted Treasury bills amounted to RO 5 million, for a maturity period of 28 days. The average accepted price reached RO 99.700 for every RO 100, and …
Business
Dollar Steadies as US Jobs Report Fuels Rate Cut Speculation
New york: The dollar found some support today after the release of the US jobs report that led investors to ramp up bets of imminent Federal Reserve rate cuts. Against a basket of currencies, the dollar edged up 0.1% to 98.75, after sliding more than …
Oman’s Electricity Production Grows by 12.6%
Muscat: The Sultanate of Oman’s total electricity production recorded a growth of 12.6 percent by the end of May 2025, reaching 18,948.9 gigawatt-hours. This is an increase from 16,829.3 gigawatt-hours during the same period in 2024.
According to Om…