Business

Tuesday 30/January/2018 17:53 PM

Topaz’s order backlog at $1.5b

Muscat: Topaz’s total revenue backlog remains at $1.5 billion, showing a market-leading position. Significantly, $1 billion of this will be invoiced over...

Tuesday 30/January/2018 17:49 PM

United Finance plans to reduce paid-up capital

Muscat: The board of United Finance Company has proposed to reduce the company’s paid up capital from OMR34.91 million to OMR25 million. This will be done...

Tuesday 30/January/2018 17:45 PM

Dividend announcements drive Muscat bourse

Muscat: Dividend announcements drove the MSM30 Index, which closed at 5,007.65 points, up by 0.10 per cent. The MSM Sharia Index declined by 0.39 per cent...

Tuesday 30/January/2018 17:43 PM

Duqm free zone attracts OMR610m investment

Muscat: The special economic zone in Duqm has attracted a total of OMR610.2 million in investments last year, which is expected to generate more than 2,200...

Tuesday 30/January/2018 17:38 PM

Bank Nizwa to finance Duqm town project

Muscat: Bank Nizwa signed a financing agreement with Duqm Development Company (DDC), a member of the Asyad Group (Asyad), to finance Phase 1 of the Duqm...