Economy

Monday 25/June/2018 13:08 PM

Iran rial plunges to new lows

Dubai: The Iranian rial plunged to a record low against the US dollar on the unofficial market on Sunday, continuing its slide amid fears of returning US...

Sunday 24/June/2018 15:18 PM

Al Ansab STP project work 98% complete

Muscat: Work at Al Ansab Sewage Treatment Plant (STP) Phase II is at full swing and almost 98 per cent complete and is expected to be fully accomplished...

Sunday 24/June/2018 14:26 PM

Primary substation in Shinas to be upgraded

Muscat: As part of expanding its electricity network and raising its efficiency, Majan Electricity Company, a part of Nama Group, has launched a project for...

Sunday 24/June/2018 13:45 PM

EU to respond to any US auto tariff move

Paris: The European Union will respond to any US move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest...

Saturday 23/June/2018 14:36 PM

OMR100m bond issue to close on Monday

Muscat: Subscription for 57th issue of government development bonds (GDBs) will close on Monday. The Central Bank of Oman (CBO) had issued a statement on...