Nama Water Services continues working to achieve sustainability in the water sector and ensure water security in the Sultanate of Oman by implementing a package of strategic projects including establishing transmission lines, tanks and water networks …
Business
Oil Prices Rise over 1$
Oil prices rose more than $1 today, reversing the previous days loss, amid concerns over a possible US recession reducing demand in the world’s largest oil consumer. Brent crude prices rose $1.25, or 1.6%, to $77.55 per barrel, while US West Texas Int…
Dollar Suffers Sharp Losses amid Weaker Yen, Rate Cut Expectations
The US dollar suffered steep losses today, with the Japanese yen on the back foot after a sharp rise in the previous session as traders contend with unwinding of popular carry trades and the prospect of deep rate cuts from the Federal Reserve.
The do…