Business

Muscat: Global Money Exchange, one of the leading money exchange houses in the Sultanate, has opened its fortieth branch at Awqad in Salalah. The new...

Muscat: Oman’s SME Development Fund (SMEF) plans to provide loans to the tune of OMR14.5 million next year to small and medium enterprises (SMEs). The...

Muscat: Shares on the Muscat Securities Market edged down on lack of support from both institutional and retail investors. The MSM 30 Index, the barometer...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the...

Muscat: Oman’s crude oil production in November touched 28.88 million barrels, according to the official statistics released by the Ministry of Oil and...

Riyadh: Saudi Arabia will increase government spending next year and slow an austerity drive as it struggles to lift the economy out of recession in the...

Riyadh: The drawdown of the Saudi Arabian central bank's net foreign assets is likely to slow next year and in years to come, Finance Minister Mohammed...

Singapore/London: Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative...

Brussels: A free trade deal with the European Union similar to those it has with Canada and South Korea is the logical outcome of Britain's Brexit...

Washington: US single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been...