Business

Muscat: Oman’s bank interest rates have shown a marked year-on-year growth due to the tight liquidity situation in the financial system. According to the...

Muscat: Neopharma, one of the leading pharmaceutical manufacturing companies in the United Arab Emirates (UAE), is planning for a major expansion, primarily...

Muscat: Amid poor trading activity, the MSM30 Index retreated 0.43 per cent to close at 4,969.87 points. MSM Sharia Index ended at 731.17 points, down 0.53...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Mamnoon Hussain of the Islamic Republic of Pakistan on the...

Caracas: Venezuelan state oil company PDVSA's revenue from oil and fuel sales in 2016 dropped 34 per cent from the previous year to $48.0 billion, the...

Milan: Monte dei Paschi di Siena reported a 3.1 billion euro ($3.7 billion) second-quarter loss after additional writedowns on the bad loans Italy's...

New York: Bearish stock investors are slowly coming out of hibernation, as money has begun to move into funds that aim to profit when markets dive. US...

Muscat: Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and...

Beijing: China's e-commerce giant Alibaba has signed an agreement with its home city government in Zhejiang province to use the company's technology...

London: Britain needs a transition period to soften its exit from the European Union, but it cannot be used to stop Brexit, two senior ministers said on...