Business | Omanet

MUSCAT: Central banks in the GCC, including Oman, have announced interest rate cuts mirroring the US Federal Reserve's move. The

Oil prices rose slightly following the US Federal Reserve's interest rate cut, with Brent crude at $68.29 and WTI at

The US dollar was volatile as traders assessed the Federal Reserve’s cautious stance on interest rate cuts. Sterling dipped to

The Federal Reserve cut interest rates by a quarter point, indicating more reductions are likely this year. This move addresses

Jindal Steel Duqm is constructing a green steel complex in Oman, procuring a second hydrogen-ready direct reduction plant to boost

The US Federal Reserve is poised for a politically significant meeting, likely resulting in a quarter-point interest rate cut. Some

Timely accident reports are crucial to ensure aviation safety, says Mark Searle, IATA Director of Safety. Following the tragic crash

The Oman Chamber of Commerce and Industry hosted a seminar titled ‘Leadership and Management Development’ in Muscat, featuring His Highness

MUSCAT: Oman advanced five positions in the Global Innovation Index 2025, ranking 69th out of 139 economies, reflecting stronger foundations

Gold soared to a record high of $3,690, driven by expectations of rate cuts. The U.S. Dollar Index fell to

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