Business

Wednesday 22/November/2017 12:11 PM

China clamps down on online micro lending

Beijing: China took steps to rein in the rapidly growing and lightly regulated market for online micro-lenders in the government's latest crackdown on...

Wednesday 22/November/2017 12:00 PM

Libyan oil firm faces shortage of fund

Tunis: Libya's Waha Oil Co is producing about 260,000 barrels per day (bpd), up more than 100,000 bpd from the company's output levels this summer,...

Tuesday 21/November/2017 18:47 PM

Oil price rises ahead of Opec meeting

London: Oil prices rose on Tuesday as traders looked to a meeting next week at which major crude exporters are expected to extend production cuts, though...

Tuesday 21/November/2017 17:56 PM

Arab region’s export delegation visits PEIE

Muscat: A delegation representing the Arab Union for Industrial Exports Development visited the headquarters of the Public Establishment for Industrial...

Tuesday 21/November/2017 17:51 PM

Islamic banks post 32% growth in financing

Muscat: Oman’s Islamic banks and window operations have shown a robust year-on-year growth of 31.82 per cent (OMR700 million) in financing at OMR2.9...