Business

Sunday 21/January/2018 18:01 PM

Muscat bourse dips below 5,000-mark

Muscat: Sustained weakness in large caps weighed on the MSM30 Index, which closed below the 5,000 level at 4,978.60 points, down by 0.90 per cent. The MSM...

Sunday 21/January/2018 17:48 PM

Work on $300m-yarn project to start in weeks

Muscat: SV Pittie Sohar Textile FZC LLC, a wholly-owned subsidiary of India-based SVP Global Ventures Ltd, is expected to start work on its $300 million...

Sunday 21/January/2018 15:09 PM

Al Madina Takaful names new CEO

Muscat: Al Madina Takaful, Oman’s first Takaful insurance provider, announced the appointment of Usama Al Barwani as chief executive officer (CEO) of Al...