Search
Close this search box.

October 23, 2024

Gold Hits Record High amid Global Tensions

MUSCAT: Gold prices surged to a record high today, as conflicts in the Middle East and uncertainty surrounding the upcoming US election spurred demand for safe-haven assets. Spot gold traded at $2,749.82 per ounce, after hitting an all-time high of $2…

Oman Conference Explores Role of Generative AI in Smart Economy

MUSCAT: Organized by the Ministry of Transport, Communications and Information Technology, the “Oman Conference on Generative Artificial Intelligence” commenced today at the Oman Convention and Exhibition Centre. The event, themed ‘Future of Smart Eco…

MSX Index Rises Amid Increased Trading Activity

MUSCAT: The Muscat Stock Exchange (MSX) general index saw an increase of 10.4 points, marking a 0.22% rise to close at 4806.49 points. This is an improvement from the previous session, which closed at 4796.05 points. The trading value also experienced…

OQ Breaks Ground on Strategic Fuel Storage Project in Musandam

MUSANDAM: OQ, a global integrated energy group, has commenced construction of a Strategic Fuel Storage Project in Musandam, investing over RO 78 million (approximately USD 204 million). The initiative, inaugurated by Ibrahim Said Al Busaidi, Governor …