Business

Muscat: The Sultanate’s production of crude oil and condensate in April 2018 reached 29,032,500 barrels, with a daily average of 967,750 barrels. Total...

Beirut: The Lebanese government completed a $5.5 billion debt swap with the central bank on Friday, issuing Eurobonds to the central bank in exchange for...

London: BP Chief Executive Bob Dudley expects a flood of US shale and the reopening of Opec taps to cool the oil market after crude rose above $80 a barrel...

Zurich: Global insurers are taking stock of how the US withdrawal from an international agreement to deny Tehran nuclear weapons, and threatened sanctions...

Washington: US Commerce Secretary Wilbur Ross is having a second look at trade remedies in the case of China telecommunications company ZTE Corp "and...

London: Major global brands Nike, H&M, Burberry and Gap have signed up to an initiative that aims to improve the industry's record on sustainability...

Paris: Total, the French energy company, will pull out of a multibillion-dollar gas project in Iran if it cannot secure a waiver from U.S. sanctions, the...

London: Britain's trade minister Liam Fox will invite overseas investors on Thursday to submit bids for financing 30 billion pounds ($40 billion) of...

Muscat: Telecommunications company Omantel registered a net profit of OMR57.4 million in 2017, the company CEO Talal Mamari announced. Mamari added that the...

Muscat: Sentiment remained weak in the region and the MSM30 Index retreated 0.66 per cent to close at 4,653.78 points. The MSM Sharia Index ended at 663.00...