Business

Muscat: Weakness in financial sector weighed on the MSM30 Index, which closed at 5,041.06 points, down 0.43 per cent. The MSM Sharia Index closed at 709.51...

Muscat: General Sultan bin Mohammed Al Nu’amani, Minister of the Royal Office, received in his office yesterday General Sir Nicholas Patrick Carter, Chief...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Uhuru Kenyatta of the Republic of Kenya on the occasion of his...

Muscat: Microsoft on Monday announced the appointment of Saif Hilal Al Hosni as the country manager for Microsoft Oman and Bahrain. In his new role, Al...

Istanbul: Turkey's economy grew at a blistering 11.1 per cent in the third quarter for its fastest expansion in six years, data showed on Monday,...

Cairo: Egypt's current account deficit narrowed to $1.6 billion in the first quarter of the 2017/18 financial year from a deficit of $4.8 billion in the...

Cairo: Egypt's inflation fell to a 2017 low in November, a year after the country floated its pound currency as part of a $12 billion International...

Dubai: Dubai's government has approved a record Dh56.6 billion ($15.4 billion) budget for next year, an increase of 19.5 per cent from the original...

London: Squeezed British consumers reined in Christmas travel plans and bought fewer new cars last month, setting the stage for the first fall in festive...

Manila: Fitch Ratings on Monday upgraded the Philippines' sovereign credit rating, citing the nation's strong economic performance and policies and...