Business

Muscat: Substituting imported goods with Omani manufactured products is key to strengthen the Sultanate’s manufacturing sector, according to industry...

Muscat: Oman produced 29.93 million barrels of crude oil in January, equivalent to 965,617 barrels per day, according to a monthly report released by the...

Muscat: Oman’s financial institutions, including Islamic banks, have achieved a 10.1 per cent growth at OMR22.1 billion by the end of December 2016, over...

Brussels: The European Commission said on Monday that uncertainty about US policies, Brexit and elections in Germany and France would take their toll on the...

Muscat: Eng. Mohammed bin Abu Bakr Al Ghassani, Deputy Chairman of Majlis A'Shura received at the Majlis' headquarters on Monday Sayed Ahmed Reza,...

Muscat: Share index on the Muscat bourse reacted amid weak sentiment. The MSM30 Index remained stable and closed at 5,815.36 points, marginally down by 0.06...

London: Royal Bank of Scotland (RBS) is preparing to cut more than 1 billion pounds ($1.25 billion) of annual operating costs by eliminating jobs and...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to Dr. Frank-Walter Steinmeier on the occasion of being elected as president...

Tokyo: Japan’s economy expanded for a fourth straight quarter at the end of 2016, with recovering global demand fueling export gains that offset soft...

London: The average price of a UK home hit a new record in January, continuing an upward trend that’s in part being driven by a supply-demand...