October 16, 2026
Trending now

Samsung unveils AI memory strategy and AMD CXL demo at OCP

OMP and Eastman Show Decision Velocity in Practice at Gartner Supply Chain Planning Summit 2026

Thailand floods kill 71 and hit nearly 909,000 households

Meta debuts Muse Wonder models for AI agents and coding

WHO launches 2030 plan for 24-hour health threat detection

Pakistan imposes governor’s rule in Khyber Pakhtunkhwa

Oman power output rises while water production falls

EU announces investment in health of almost €170M plan

Pakistan bears largest share of rising MENAAP poverty

Africa launches first continental credit rating agency

Tag : macroeconomic stability

Business

Gold prices decline on Federal Reserve rate decision in trading

omandailynews.com
Bullion faced renewed selling pressure across international trading desks as global commodity markets digested a quarter-point interest rate hike by the U.S. Federal Reserve. Spot gold declined 1 percent to $4,249 per ounce, hitting multi-session lows under the weight of...
Business

Egypt secures $1 billion World Bank reform support

omandailynews.com
CAIRO: The World Bank Group has approved US$1 billion in new financing for Egypt to support private sector-led job creation, bolster macroeconomic and fiscal resilience, and advance measures tied to a greener economy, marking the latest multilateral backing for the country as it...