Category: Industry

OCB Issues Treasury Bills Worth OR 30 Million

The Oman Central Bank (OCB) has announced that the total value of government treasury bills allocated for this week amounted to OR 30 million.

The bank said, in a statement Monday, that the interest rate on repurchase operations with the Oman Central…

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Gold hits all-time high

Washington – Ma’an – Gold prices rose in trading on Monday and reached a new historical peak with the decline of the dollar index.

In morning trading, futures for the precious metal rose 0.12% to $2,616.1 per ounce, the highest level in the history o…

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Gold hits all-time high

Washington – Ma’an – Gold prices rose in trading on Monday and reached a new historical peak with the decline of the dollar index.

In morning trading, futures for the precious metal rose 0.12% to $2,616.1 per ounce, the highest level in the history o…

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Dollar Falls, Yen Rises amid US Rate Cut Expectations

The dollar index fell 0.15% to 100.87 on Monday, while the yen reached its highest levels in more than a year in limited trading, amidst expectations of a rate cut decision by the US Federal Reserve this week.

The dollar was down 0.47% at 140.15 yen,…

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Oil Prices Inch Up on Fed Rate Cut Outlook

Oil prices edged up in early trade on Monday amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.

Brent crude futures for November were up 15 cent…

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