Economy | Omanet

Oil prices held steady as traders awaited a US-Ukraine peace deal meeting. Brent crude was $65.87/barrel, WTI $62.89. Trump aligned

Ivory Coast's cocoa grind dropped 31.2% in July to 39,301 tons due to poor bean quality and low mid-crop volumes,

The dollar gained against the euro and sterling ahead of a meeting between US President Trump and Ukrainian, European leaders,

European shares and the US dollar wobbled ahead of a key week for U.S. interest rate policy. Oil prices steadied

An Australian court fined Qantas $59 million for illegally laying off 1,800 ground staff during the Covid-19 pandemic. The court

Meranti Green Steel (MGS) aims for a mid-2026 Final Investment Decision for its 2.5 mtpa green HBI plant in Oman's

By Q2 2025, Oman's public debt dropped to RO 14.1B from RO 14.4B in 2024. Public revenue fell 6% to

Nabhan Ahmed al Battashi, GFOW Chairman, hosted a Qatar Ministry of Labour delegation led by Hamad Faraj Dalmuq and Khamis

UK inflation likely rose in July due to summer spending on flights, hotels, and food prices. Deutsche Bank's Sanjay Raja

The GCC GDP at current prices reached $2.143 trillion in 2023, down 2.7% from 2022. The non-oil sector's contribution rose

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