Muscat: Gold prices edged higher in Asian trading today, supported by a weaker dollar and US economic data that eased expectations of an interest rate hike in September. Spot gold rose 0.3% to $4,388.62 an ounce, while US gold futures for December del…
Business
Oil Rises on Supply Concerns
Muscat: Oil prices rose today as stalled US-Iran peace talks and slower tanker traffic through the Strait of Hormuz heightened concerns about oil supplies. Brent crude futures rose 1% to $89.40 a barrel, while the contract was last up 72 cents at $89….
A’Saffa Foods Expands Broiler Production to Meet Local and GCC Market Demands
Muscat: The new expansion of A’Saffa Foods has significantly increased its annual production capacity of broiler chickens to approximately 60 million birds, with a daily slaughtering capacity reaching 200,000 birds. This strategic move aims to meet lo…