finance | Omanet

Oman recorded a 2% rise in public spending by Q3 2025, despite an 8% drop in state revenues, reaching RO

Gulf International Bank (GIB) closed a $1 billion five-year loan for Energy Development Oman (EDO), arranged with Mashreq. The deal,

Oman Energy Development Company (OEDC) secured RO385 million in financing and issued its first local sukuk worth RO50 million to

Tumbling bank shares pulled global stocks lower, with gold hitting a fresh peak as credit stress at US regional lenders

Stocks across Asia rose Thursday, buoyed by a strong U.S. rally and robust earnings reports. Japan's Nikkei gained 1.2%, fueled

Asian shares paused their recent rally as investors sought new catalysts, while the yen faced selling pressure against the euro

MUSCAT: Conventional banks in Oman expanded lending, with total credit rising 7.2% from June 2024 to June 2025. Credit to

The total value of government treasury bills allocated this week reached RO 50.15 million, all with a 91-day maturity. The

Global shares rose on Friday, as optimism grew that US interest rates may fall further this year, bolstered by robust

Gold surged 0.81% above $3,400, settling near $3,396. US tariffs on gold imports caused a record $102 spread between NYC

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