Market

Muscat Stock Exchange Index Gains 143 Points in Week

Muscat: The benchmark index of the Muscat Stock Exchange rose 143 points last week to close at 7,775, marking its first weekly gain after four consecutive weeks of declines, supported by renewed investor buying following recent losses in share prices….

Oman Crude Oil Price Rises by More Than $11 a Barrel

Muscat: The official price of Oman crude oil for July delivery reached $103.49 a barrel on Thursday.

According to Qatar News Agency, the price of Oman crude saw a significant increase of $11.10 compared with Wednesday’s price of $92.39 a barrel. Th…

Gold Prices Rebound as Dollar Weakens

Beirut: Gold prices rose on Thursday after falling earlier to their lowest level in two months, supported by a weaker US dollar and lower oil prices. Spot gold climbed 0.5% to $4,477.59 an ounce, recovering from its lowest level since late March. US g…