News

Domestic Liquidity in Oman Increases by 6.4% Muscat, 10 Feb 2026 (ONA) --- Domestic liquidity in the Sultanate of Oman increased by 6.4 percent by the end of November 2025, reaching RO 26,415.6 million, compared to RO 24,827.700 during the same period in 2024. Preliminary data issued by the National Centre for Statistics and Information (NCSI) indicated that the total currency issued by the end of November 2025 rose to RO 1,529.2 million, recording an increase of 1.6 percent compared to the same period in 2024, when it stood at RO 1,505.200. Narrow money supply (M1) ...

MSX Rises 131 Points Muscat, 10 Feb 2026 (ONA) --- Muscat Stock Exchange (MSX) main index closed higher today, rising 1.94 percent. The MSX 30 Index concluded the trading session at 6,892.43 points, registering an increase of 131.3 points from the previous close of 6,761.10 points. Total trading turnover reached RO 58,893,837, reflecting a drop of 26.7 percent compared to the previous session's value of RO 80,341,764. MSX market report noted that the overall market capitalization went up by 0.824 percent from the last trading day to approximately RO 34.92 ...

Oman Food Capital Signs Strategic Partnership with Brazil’s JBS Muscat, 10 Feb 2026 (ONA) --- Oman Food Capital, a subsidiary of Oman Investment Authority (OIA), has signed a strategic partnership with Brazil’s JBS, one of the world's largest food companies. The partnership will see JBS operate new facilities in the Sultanate of Oman for the local production of red meat and poultry and establish a regional export hub for global markets, with a total investment of RO 57.7 million (USD 150 million). This partnership translates the strategy of Oman Investment Authority, which ...

NBO Launches Training Programme to Supply its Branches with Professionals Muscat, 10 Feb 2026 (ONA) --- Acting in cooperation with the Ministry of Labour, the National Bank of Oman (NBO) today launched a comprehensive training programme aimed to train national cadres from jobseekers holding post-secondary diplomas (university diplomas) and provide them with employment. The launch ceremony was held under the auspices of Said Abdullah al Balushi, Under-Secretary of the Ministry of Labour for Human Resources Development. The two-year programme seeks to accommodate 60 ...

Oman Oil Price Rises 1.23 US Dollars Muscat, 10 Feb 2026 (ONA) --- Oman oil price (April delivery 2026) today reached 68 US Dollars, comprising a rise by 1.23 US Dollars compared to the price of yesterday Monday, which stood at 66.77 US Dollars. The average price of Oman oil (February delivery 2026) stabilized at 62.09 US Dollars per barrel, thus 2.35 US Dollars per barrel lower than January delivery 2026. ---Ends/AG ...

Oman Hosts Oman-Cebu Investment Forum Muscat, 9 Feb 2026 (ONA) --- The Sultanate of Oman hosted the Oman-Cebu Investment Forum today, with the participation of officials and business sector representatives from both Oman and the Republic of the Philippines. The forum was held as part of ongoing efforts to strengthen economic and investment relations between the two nations. The forum was inaugurated under the auspices of Sayyid Badr bin Hamad Al Busaidi, Foreign Minister, in the presence of Theresa Lazaro, Secretary of Foreign Affairs of the Republic of the Philippines, and ...

Tender Results of Government Treasury Bills Worth RO 17.48 million Issued Muscat, 9 Feb 2026 (ONA) --- The total issuance of Government Treasury Bills amounted to RO 17.48 million. The value of the allotted Treasury bills amounted to RO 13.18 million, for a maturity period of 28 days. The average accepted price reached RO 99.713 for every RO 100, and the minimum accepted price arrived at RO 99.710 per RO 100. The average discount rate and the average yield reached 3.74356% and 3.75435%, respectively. The value of the allotted Treasury bills amounted to RO 3.7million, for a ...

Oil Prices Slide Over 1% on Easing Geopolitical TensionsSingapore, 9 Feb 2026 (ONA) --- Oil prices slid by more than 1% in early Asian trading today, weighed down by easing geopolitical concerns. Brent crude futures fell 89 cents, or 1.31%, to $67.16 a barrel, while US West Texas Intermediate (WTI) crude futures dropped 79 cents, or 1.24%, to $62.76 a barrel. Market sentiment was pressured by reduced concerns over supply disruptions, prompting investors to reassess recent gains in crude prices. --- ...

Gold, Silver Extend Gains on Weaker DollarSingapore, 9 Feb 2026 (ONA) --- Gold and silver prices extended their gains in early Asian trading today, buoyed by a weaker US dollar, while investors looked ahead to a key US jobs report later this week for clues on the future path of interest rates. Spot gold rose 1.4% to $5,029.09 an ounce, after surging nearly 4% in the previous session. US gold futures for April delivery also advanced 1.4% to $5,051.00 an ounce. Spot silver jumped 2.5%, following a sharp 10% rally on Friday. Among other precious metals, spot platinum gained 1.8% to $2,134.18 an ...

Japanese Stocks Up, Bonds SteadyTokyo, 9 Feb 2026 (ONA) --- Japanese stocks recorded their highest levels ever during trading today, while long-term bonds remained stable, amid a clear vote reflecting market confidence in the responsible and proactive financial policies of Japanese Prime Minister Sanae Takaichi. The Nikkei 225 index ended today's session up 3.9 percent, posting a record level of 56,363.94 points, while the broader Topix index rose 2.3 percent to a record level of 3,783.57 points. In the debt market, 30-year Japanese government bonds declined at the start of trading, leading ...

Dollar Index Falls, Yen RisesSingapore, 9 Feb 2026 (ONA) --- The US dollar index, which measures the performance of the US currency against a basket of six currencies, fell by 0.2 percent to 97.43 at the start of trading today, as markets awaited the release of important economic data, including retail sales, inflation and the jobs report scheduled to be released on Wednesday. Meanwhile, the Japanese yen rose by 0.5 percent to 156.43 yen per dollar, after the coalition of Japanese Prime Minister Sanae Takaichi achieved a big victory in elections held yesterday Sunday. The British pound was ...

Oman Oil Price Declines 1.01 US Dollars Muscat, 9 Feb 2026 (ONA) --- Oman oil price (April delivery 2026) today reached 66.77 US Dollars, comprising a decline by 1.01 US Dollars compared to the price of last Friday, which stood at 67.78 US Dollars. The average price of Oman oil (February delivery 2026) stabilized at 62.09 US Dollars per barrel, thus 2.35 US Dollars per barrel lower than January delivery 2026. ---Ends/AH ...

Oman to Commemorate Oman Industry Day Tomorrow Muscat, 8 Feb 2026 (ONA) --- The Sultanate of Oman will observe Oman Industry Day tomorrow (Monday), an annual occasion held on the ninth of February. This year's celebrations will be held under the theme "From Oman to the World: Competitive Industry, Global Vision," aimed at showcasing the competitive geographic and economic advantages of the nation's industrial zones and their vital role in advancing export performance. The event further highlights the strategic efforts to provide the enablers, incentives, and facilitative ...

Oman-Cebu Investment Forum Commences Tomorrow Muscat, 8 Feb 2026 (ONA) --- The Sultanate of Oman will host the Oman-Cebu Investment Forum in Muscat tomorrow. The forum serves as a joint economic platform between the Sultanate of Oman and the Philippines, aimed at expanding the horizons of bilateral cooperation and strengthening economic and investment relations between the two countries. The inaugural edition of the forum, held in July 2025 in Cebu City, Philippines, was jointly organized by the Foreign Ministry and Oman Chamber of Commerce and Industry in cooperation with ...

Oman-Italy Business Forum Discusses Means of Enhancing Economic, Investment Cooperation Muscat, 8 Feb 2026 (ONA) --- Oman-Italy Business Forum, organized by Oman Chamber of Commerce and Industry (OCCI) at its headquarters in Muscat today, discussed means of enhancing economic and investment cooperation between the Sultanate of Oman and the Italian Republic, focusing on a number of vital sectors. Eng. Hussein bin Hassan Abdulhussein, a member of the Board of Directors of OCCI, emphasized that the forum reflects the depth of bilateral relations between of Oman and Italy ...

Sohar Investment Forum Concludes with Recommendations Focused on Enhancing Business Environment Sohar, 5 Feb 2026 (ONA) --- Sohar Investment Forum 2026 concluded today with several recommendations emphasizing the importance of strengthening strategic partnerships, continuing the development of the business environment, and integrating efforts between the public and private sectors. These recommendations aim to consolidate the status of the Wilayat of Sohar as a regional hub for investment, industry, and logistics, in line with the objectives of Oman Vision 2040. Among the ...

Dollar Recovers as ECB, BoE Decisions LoomSingapore, 5 Feb 2026 (ONA) --- The dollar steadied at the start of Asian trade today ahead of interest rate decisions from the European Central Bank (ECB) and the Bank of England (BoE), both of which are expected to keep rates on hold later in the global day. The US dollar index, which measures the greenback's strength against a basket of six currencies, was up 0.2% at 96.671, having traded near a two-week high earlier. The euro was steady at $1.1800 ahead of the ECB decision, where it is expected to keep rates on hold. The British pound was flat at ...

MSX Rises 44 Points Muscat, 5 Feb 2026 (ONA) --- Muscat Stock Exchange (MSX) main index closed higher today, rising 0.69 percent. The MSX 30 Index concluded the trading session at 6,424.70 points, registering an increase of 44.1 points from the previous close of 6,380.59 points. Total trading turnover reached RO 56,278,815, reflecting a rise of 12.5 percent compared to the previous session's value of RO 50,028,696. MSX market report noted that the overall market capitalization went up by 0.694 percent from the last trading day to approximately RO 33.90 ...

Oil Prices Fall 2% as Fears of Potential Supply Disruptions EaseSingapore, 5 Feb (ONA) --- Oil prices fell about 2% today after the US and Iran agreed to hold talks, easing concerns that a potential military conflict between them could disrupt supply. Brent crude futures fell $1.44, or 2.07%, to $68.02 per barrel, while US West Texas Intermediate crude prices fell $1.34 cents, or 2.06%, to $63.80. Oil prices rose by about 3% on Wednesday after reports suggested the planned talks between the United States and Iran, before officials from both sides said talks would go ahead.--- ...

Gold, Silver Fall as Dollar Strengthens Amid Broad Market Sell-offSingapore, 5 Feb 2026 (ONA) --- Gold and silver prices fell sharply in a broader market sell-off today, as tensions added pressure on precious metals and the dollar advanced to a near two-week high. Spot gold was down 1.7% at $4,876.12 per ounce, retreating from ‌a near one-week high hit earlier in the session. US gold futures for April delivery were down 1.1% at $4,896.30 per ounce. Spot platinum slumped 7.7% to $2,056.64 per ounce after hitting an all-time high of $2,918.80 on 26 January 2026, while palladium shed nearly ...

Oman's Tax Revenues Exceed RO 1.3 Billion Muscat, 5 Feb 2026 (ONA) — The Tax Authority, during its first media briefing held today in Muscat, confirmed that it has achieved its targets within the current revenue estimates for the Administrative Units of the State in the General State Budget for 2025, estimated at approximately RO 1.373 billion. Nasser Khamis Al Jashmi, Chairman of the Tax Authority, stated that taxes are a fundamental pillar of financial sustainability and a fair means of providing the necessary resources to fund public services, support ...

Oman Oil Price Rises 71 CentsMuscat, 5 Feb 2026 (ONA) --- Oman oil price (April delivery 2026) today reached 67.46 US Dollars, comprising a rise by 71 Cents compared to the price of yesterday “Wednesday” which stood at 66.75 US Dollars.The average price of Oman oil (February delivery 2026) stabilized at 62.09 US Dollars per barrel, thus 2.35 US Dollars per barrel lower than January delivery 2026.---Ends/AH ...

Air Gases Production Plant Worth RO 4m Inaugurated in Al Rusayl Industrial City Muscat, 4 Feb 2026 (ONA) --- Al Rusayl Industrial City witnessed the inauguration of an air gases production plant for the Global Gas Services Company today. Spanning a total area of 20,000 square meters with an investment volume reaching RO 4 million, the facility has a daily production capacity of 173 tons of oxygen, nitrogen, and argon. The opening of the plant comes as part of efforts to strengthen the infrastructure of the industrial gases sector in the Sultanate of Oman and to support ...

Gold Jumps Over 2%Singapore, 4 Feb 2026 (ONA) --- Gold prices surged by more than 2% today, extending their strongest performance since 2008, supported by strong investor demand and a weaker US dollar. Spot gold rose 2.2% to $5,044.74 an ounce, after jumping 5.9% in the previous session, marking its largest daily gain since November 2008. The precious metal had reached a record high of $5,594.82 last Thursday. US gold futures for April delivery climbed 2.7% to $5,067.0 an ounce. Other precious metals also posted solid gains. Spot silver advanced 2.1% to $86.92 an ounce, after hitting a record ...

Oil Extends Gains Amid Global Supply ConcernsSingapore, 4 Feb 2026 (ONA) --- Oil prices extended gains today, building on Tuesday's rally amid renewed concerns over potential supply disruptions linked to rising regional tensions between the United States and Iran. Brent crude futures rose 65 cents, or 1%, to $67.98 a barrel, while West Texas Intermediate (WTI) crude climbed 69 cents, or 1.1%, to $63.90 a barrel. Both benchmarks had advanced by nearly 2% in the previous session. Market sentiment was further supported by a trade agreement between the United States and India, which bolstered ...

Dollar Steady, Yen Wobbles Ahead of Japan ElectionSingapore, 4 Feb 2026 (ONA) --- The US dollar held steady today as investors remained cautious despite the swift resolution of a partial government shutdown, while the yen wobbled near a two-week low ahead of an unpredictable national election in Japan this weekend. The euro was at $1.1814 in early trading, while sterling stood at $1.3693, steady ahead of policy meetings at the European Central Bank and the Bank of England on Thursday. Both central banks are expected to stand pat on rates. The dollar index, which measures the greenback against ...

Cooperation Agreement Signed to Train Omani Youth in Wind Turbine Manufacturing Muscat, 4 Feb 2026 (ONA) --- Mawarid Turbine Company and the National University of Science and Technology signed a cooperation agreement today to qualify approximately 321 Omani graduates. This cohort represents the first national batch to receive intensive and specialized industrial training in the field of wind turbine manufacturing, preparing them for employment at the factory currently being established by Mawarid Turbine in the Special Economic Zone at Duqm. The signing ceremony was held ...

OQ Onboards 130 Graduates as Part of 2026 Batch Muscat, 4 Feb 2026 (ONA) --- OQ Group welcomed 130 graduates into its 2026 Graduate Development Programme intake during the official onboarding ceremony held today. The event was held under the auspices of Said Abdullah Al Balushi, Undersecretary of the Ministry of Labour for Human Resources Development at Oman Institute for Energy. The intake represents a tangible outcome of the strategic agreement signed between OQ and the Ministry of Labour in October 2025, reflecting a strong public–private partnership approach to ...

Oman Hosts Workshop on Framework for Air Traffic contingency Management in ME Region Muscat, 4 Feb 2026 (ONA) --- Represented by the Civil Aviation Authority (CAA), the Sultanate of Oman is hosting a two-day workshop on a framework for Air Traffic contingency Management in the Middle East region (ME). The workshop, organized by the International Civil Aviation Organization (ICAO), began in Muscat today. The workshop reviews the requirements and objectives of emergency planning adopted by the ICAO, working mechanism of the ICAO Crisis Coordination Team and the ...

MSX Rises 59 Points Muscat, 4 Feb 2026 (ONA) --- Muscat Stock Exchange (MSX) main index closed higher today, rising 0.93 percent. The MSX 30 Index concluded the trading session at 6,380.59 points, registering an increase of 59.1 points from the previous close of 6,321.52 points. Total trading turnover reached RO 50,028,696, reflecting a rise of 37.9 percent compared to the previous session's value of RO 36,273,730. MSX market report noted that the overall market capitalization went up by 0.385 percent from the last trading day to approximately RO 33.66 ...