Business

Nizwa: Nama Electricity Distribution Company continues to implement a package of development projects in Al Dakhiliyah Governorate to the tune of OMR20.49...

Muscat: The inflation rate in the Sultanate of Oman reached 3.4 percent in August 2026, compared with the corresponding month of 2025, according to Consumer...

Muscat: Total refinery products in the Sultanate of Oman reached 129.08 million barrels by the end of last July, a decrease of 3.7 percent compared to the...

New Delhi: There is no proposal at present to introduce a common BRICS currency, while discussions on settling bilateral trade in local currencies will...

San Francisco: Sam Altman, CEO of Tech Giant OpenAi has backed the public call made by Anthropic CEO Dario Amodei to slow the pace of AI Development or risk...

San Francisco: In what is being described as the 'wildest night in the AI industry', Anthropic CEO Dario Amodei continued to expand on his appeal to slow...

Muscat: Oman Investment Authority (OIA) has signed an investment agreement in partnership with Hong Kong’s Innovation and Technology Commission and...

Muscat: The Omani stock market rose for another week, with the MSX 30 index up 0.25%, closing at 7,647.69 points and overall market capitalisation advanced...

Muscat: The Muscat Stock Exchange (MSX) strengthened its gains during the week, with the main index rising for the seventh consecutive week, benefiting from...

Muscat: The effective exchange rate index of Omani Rial rose by 4.5 percent reaching 118.3 points at the end of June 2026 compared to 113.2 points at the...