Business

Muscat: Bank Sohar said it is convening an extraordinary meeting for seeking shareholders’ approval for OMR100 million private placement of perpetual...

Muscat: As part of its value to put safety and the environment first, Oman Oil Refineries and Petroleum Industries Company’s (Orpic) Liwa Plastics...

Muscat: BankDhofar plans to float a rights issue worth OMR40 million to enhance the bank’s equity capital (tier I). The decision was taken by the board at...

Muscat: A 44 million imperial gallons per day (MIGD)-capacity desalination project in Qurayyat will start operation in the fourth quarter of this year. The...

Muscat: Bank Sohar continues to invest in the capacities and growth of its top management, with the recent appointment of a new Head of Investment—Gigi...

Muscat: Most Omani banks have completed their half-yearly reporting obligations. It is now advised that banks should focus on the looming deadline of...

Muscat: Private deposits at commercial banks in the Sultanate rose by 2.5 per cent to OMR12.37 billion, as of end of May 2017, compared with OMR12.07...

Washington: The US economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, but persistent...

New York: What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon. Almost 700 US companies have...

Washington: The International Monetary Fund (IMF) on Friday said that the US dollar was overvalued by 10 per cent to 20 per cent, based on US near-term...