Business

Tuesday 01/August/2017 17:32 PM

Raeco reports OMR11m profit

Muscat: Rural Areas Electricity Company (Raeco), which serves customers in the rural areas of Oman, said it earned a net profit of OMR11.3 million in...

Tuesday 01/August/2017 17:28 PM

Oman raises OMR70m from treasury bills

Muscat: The Sultanate’s central bank raised OMR70 million by allotting treasury bills. The treasury bills were for a maturity period of 91 days, from...

Tuesday 01/August/2017 17:14 PM

Oman shares gain on active foreign buying

Muscat: Supported by active foreign buying, Oman stocks edged higher on Tuesday after Monday’s correction. The benchmark MSM30 index gained 0.48 per cent...