Business

Muscat: Oman’s government is expected to award four oil and gas blocks to international oil companies on a production sharing basis in the second quarter...

Muscat: Oman Development Bank (ODB) is focusing on providing agricultural loan to farmers to support a government initiative to strengthen food...

Muscat: A ‘leader’s forum’ was organised to highlight the concept of lean engagement and how it can play a role in transforming profitability of...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Xi Jinping of the People's Republic of China on the occasion...

Muscat: Due to buying activity in large capitalised shares, Oman’s benchmark MSM30 Index gained 0.32 per cent to close at 4,982.30 points. The MSM Sharia...

London: Glencore increased its full-year marketing guidance for earnings before interest and tax (EBIT) to between $2.6 billion and $2.8 billion, reflecting...

London: To hear some economists talk, the Bank of England (BoE) is about to make a big mistake — raise interest rates just as the economy heads into what...

Shanghai: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a...

Muscat: Petroleum Development Oman (PDO) has been supplied with the first “Made in Oman” electric submersible pump (ESP) system for its oil operations...

Harare: Economic growth is expected to rise to 3.4 per cent in sub-Saharan Africa next year from 2.6 per cent in 2017, the IMF said in a report on Monday,...