Business

Muscat: Broad based profit taking impacted the MSM30 Index, which closed at 5,168.12 points, down by 0.87 per cent. The MSM Sharia Index ended at 755.94...

Muscat: Oman’s state-owned shipping company plans to capture a sizable share of the transport market for aggregates, which is a promising area in the...

Muscat: Larsen and Toubro in Oman has selected Siemens to supply four shunt reactors to the Oman Electricity Transmission Company (OETC). The reactors will...

Muscat: MB Petroleum Services, which is part of MB Group, has signed a contract with a group of young Omani jobseekers to provide transportation service to...

Berlin: Volkswagen said on Friday there were no plans at present to change where Czech subsidiary Skoda makes its cars, as it seeks to allay the fears of...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Yoweri Museveni of the Republic of Uganda on the occasion of his...

Paris: Airbus Chief Executive Tom Enders has called for the support of the company’s 130,000 staff and warned of “turbulent and confusing times” amid...

Austin, (Texas)/New York: Chocking up employment losses last month to the temporary hit of a severe hurricane season and reiterating expectations that...

Brussels: Amazon was told on Wednesday to pay about 250 million euros ($295 million) in back taxes to Luxembourg, the latest US tech company to be caught up...

Frankfurt: BMW and Mercedes are betting they can mass produce new electric cars based on conventional vehicles, defying sceptics who say they will need more...