Business

Monday 29/January/2018 17:18 PM

Muscat bourse recovers on better support

Muscat: The MSM30 Index gained 0.23 per cent to close above the 5,000-threshold at 5,002.69 points. MSM Sharia Index closed at 713.37 points, up by 0.24 per...

Monday 29/January/2018 17:13 PM

Three Omani firms plan to set up REIT fund

Muscat: Three Omani companies are planning to establish real estate investment trust (REIT) fund, following the market regulator’s announcement of a new...

Monday 29/January/2018 15:22 PM

US lawmakers optimist about modernising NAFTA

Montreal: US lawmakers attending NAFTA talks in Montreal expressed optimism on Sunday that efforts to update the trade pact would avoid collapse and start...

Monday 29/January/2018 15:12 PM

Iraq to build oil refinery in port of Fao

Baghdad: Iraq plans to build an oil refinery at the port of Fao on the Gulf with two Chinese companies, and is seeking investors to build three more, the...

Monday 29/January/2018 11:27 AM

NBO board recommends 20 per cent dividend

Muscat: National Bank of Oman’s board has recommended a cash dividend of 15 per cent and a stock dividend of 5 per cent. The stock dividend is equivalent...