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Coalition Destroys Ballistic Missile Launchers in Sanaa
UAE and Brunei Foreign Ministers Hold Talks on Bilateral Relations
King Hamad Congratulates Brazilian President on Re-Election
Discussion Panel Explores Better Prospects for SME Financing
The Authority for Small and Medium Enterprises Development (ASMED) today organised the first discussion panel (during 2024) with a group of entrepreneurs benefiting from the Authority’s ‘Al Azm’ financing programmes portfolio.
Titled “Prospects for …
Agreement Announced to Establish Oman as Global Leader In Low-Carbon Fuels Bunkering
Asyad Group, in collaboration with OQ Alternative Energy and Sumitomo Corporation Middle East FZE, announced a joint study agreement to explore the potential of establishing Oman as a global leader in low-carbon fuels for bunkering.
This visionary i…
China Injects 300 Billion Yuan Into Market at Lower Interest Rate to Boost Liquidity
The People’s Bank of China (PBOC) today injected 300 billion yuan (about $42.73 billion) into the market via the medium-term lending facility (MLF) mechanism, aiming to maintain reasonable and ample liquidity in the banking system.
The maturity of t…
Real Madrid Striker Mbappé Sidelined with Hamstring Injury
Kylian Mbappé will be sidelined with a hamstring injury, the Spanish Giant Real Madrid Club said today.
‘Following tests carried out today by Real Madrid’s medical services on our player Kylian Mbappé, he has been diagnosed with an injury to the bic…
Oman Oil Price Rises 8 Cents
Oman oil price (November delivery 2024) today reached 75.15 US Dollars, comprising a rise by 8 Cents compared to the price of yesterday Tuesday, which stood at 75.07 US Dollars.
The average price of Oman oil (September delivery 2024) stabilized at 8…
Oman, Azerbaijan Review Investment, Economic Opportunities
Oman Chamber of Commerce and Industry (OCCI) today highlighted means of enhancing areas of economic, investment and trade cooperation between the Omani private sector and its Azerbaijani counterpart.
This took place in Baku within the framework of O…
Dollar Falls amid Major Rate Cut Anticipation
The US dollar index fell more than 0.5% Today after China’s aggressive stimulus moves buoyed risk appetite, with growing bets of another outsized US rate cut in November adding to headwinds for the greenback.
Against a basket of currencies, the US d…
Oil Dips on Worries China Stimulus Plans Not Enough to Boost Demand
Oil prices fell today as investors reassessed the ability of China’s stimulus plans to boost the economy enough to drive more fuel demand growth in the world’s largest crude importer.
Brent crude futures dropped 17 cents, or 0.2%, at $75 a barrel. U…
Gold Jumps to Record High on Rate Bets, Weaker US Dollar
Gold scaled another high today, boosted by a softer US dollar and hopes of more interest rate cuts.
Spot gold rose 0.2% to $2,661.53 per ounce. Bullion hit an all-time high of $2,670.43 earlier.
US gold futures gained 0.3% to $2,686.10. The dollar …
Cabinet Meeting To Discuss new package of tax facilities
Prime Minister Moustafa Madbouli chaired on Wednesday 25/9/2024the Cabinet weekly meeting at the government headquarters in the New Administrative Capital to discuss a number of key political, economic and social files.
The weekly meeting is schedul…
