News
Nikkei Closes with Largest Point Drop in History
The Nikkei stock index closed at its largest single-day point drop in history on August 5, tumbling over 4,400 points and down over 12 per cent, hit by concerns over a US recession and a firming yen.
The 225-issue Nikkei Stock Average ended down 4,451.28 points, or 12.40 per cent, from Friday at 31,458.42. The broader Topix index fell 310.45 points, or 12.23 per cent, to 2,227.15, Japan’s News Agency (Kyodo) reported.
The US dollar plunged by nearly 5 yen from late last week to a fresh seven-month low in the upper 141 yen zone amid growing speculation that the Federal Reserve will cut interest rates significantly in September.
Prime Minister of India Narendra Modi to Visit the Sultanate of Oman on 17-18 December
Oman’s Net Wealth Reaches $300 Billion in 2024, Poised for Steady Growth
IHE Launches Eicher Pro League of Trucks & Buses in Oman
Liva Insurance Honored with ‘Insurer of the Year’ Award for 2025
Oman’s ISWK Cambridge Learners Achieve ‘Top in the World’ and National Honours in June 2025 Cambridge Series
Report: How India & The Middle East Are Exploiting Immense Economic Synergies
OIG Appoints New CEO to Lead Its Next Chapter of Excellence
#MYWORKSPACE: Khimji Ramdas Introduces a New Identity for its Office Furniture & Interior Fit-outs Division
Consulate Office of the Republic of South Africa opens in Muscat, enhancing bilateral relations
Sheikh Suhail Bahwan, Chairman of Suhail Bahwan Group, Passes Away
Power And Beyond: The Path To A Low-carbon Future
Al Mouj Muscat unveils Ghadeer Villas
Time to Buy Saudi Stocks? Some Investors Look at Dubai Instead
Retail Abu Dhabi’s ‘Unbox Amazing’ generates sales of more than AED 2 billion in participating stores
Renewables are booming, but not fast enough to cap greenhouse emissions
Hospitality Industry in Oman Estimated 90% Growth in 2022
Saudis Sign Deals From Energy to Metals in Bid to Salvage Forum
Saudi Arabia’s Gold Miner Plans to Be a Global Top-20 Supplier
Technology to drive Sultanate’s downstream industry
Digitization and Logistics Service Providers Can Help SMEs Make the Most of Peak Season Retail Trends
VIDEO: Robert MacLean on how NHI is Shaping Oman’s Next Generation of Hospitality Leaders
The Future of Oman: Decoding The Sultanate of Oman’s Strategic Promotional Nation Brand
EXCLUSIVE: AI, Robotics & Wearable Sensors are Changing the Lives of Dementia Patients
EXCLUSIVE: Talking Renewable Projects & Sustainability in Oman and Beyond with Vipul Tuli
VIDEO: Eng. Salim Al Thuhli, CEO, Khazaen Economic City on Investment Opportunities
H.E. Salim Al Aufi, Minister of Energy & Minerals talks about Oman’s Green Hydrogen Goals
VIDEO: Talking Latest Developments in Aircraft Ground Guidance & More at Oman Airports
VIDEO: Dr. Firas Al-Abduwani Discusses Green Hydrogen, Potential Regions for Development & Creating a Green Ecosystem
VIDEO: Discussing The Future of Green Hydrogen in Oman with H.E. Salim Al Aufi
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