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Trading Value on Muscat Stock Exchange Tumbled 27% Week-on-Week

Muscat: Trading value on the Muscat Stock Exchange (MSX) last week stood at OMR 139.3 million, compared with OMR 191.4 million in the previous week, down 27%, and executed transactions fell by 24.4%, from 41,000 trades to 31,514 trades.

According to…

Rising Sovereign Yields Signal Restrictive Financial Outlook

Doha: Rising sovereign bond yields in major advanced economies are signaling a shift towards a more restrictive financial environment. Qatar National Bank (QNB) stated that this development is a reflection of the broader reassessment of global economi…

Oil Prices See Increase Amid Middle East Developments

Doha: Oil prices rose at the close of trading yesterday, while Brent crude was headed for a weekly loss of about 8 percent, pressured by developments in the Middle East. Brent crude futures climbed 66 cents, or 0.53 percent, to reach $80.38 a barrel, …

IMF Predicts Global Economic Growth and Lower Inflation by 2026

Doha: Amid the rapid developments the world is witnessing due to ongoing geopolitical conflicts and the impact of natural disasters and extreme weather events, and despite technological advancements and the AI revolution, uncertainty arising from thes…

Nikkei Drops for Fifth Session

Tokyo: The Japanese Nikkei index fell 0.4 percent on Wednesday to close at 52,0774.64 points, extending a five-day losing streak, its longest in a year. The broader Topix index also fell 1 percent to 3,589.70.

According to Qatar News Agency, Japanes…

European Stocks Close Mixed After Trump’s Davos Speech

Doha: European stocks closed mixed on Wednesday following US President Donald Trump’s speech at the World Economic Forum in Davos, Switzerland, amid expectations of a trade war between the European Union and the United States. The pan-European Stoxx 6…

Muscat Stock Exchange Index Closes Lower

Muscat: The Muscat Stock Exchange (MSX) general index 30 witnessed a decline on Wednesday, closing at 6,187.19 points. This marks a decrease of 59.2 points or 0.948 percent from the previous close, which was at 6,246.39 points.

According to Qatar Ne…

Oman Crude Reaches $62.49 Per Barrel

Muscat: The official price of Oman crude oil for March 2026 delivery stood at $62.49 per barrel on Wednesday. The price of Oman crude oil rose by 27 cents, compared to Tuesday’s price of $62.22.

According to Qatar News Agency, the monthly average pr…

Qatar Basketball Team Completes Intensive Training Camp in Antalya

Antalya: Qatar’s first men’s basketball team have concluded their overseas training camp in Antalya, Turkey, held from June 11 to 20, as part of the preparation programme established by the Qatar Basketball Federation ahead of a busy international sch…