Business

Kuwait City: The Sultanate signed in Kuwait on Monday a joint statement on the establishment of diplomatic relations between the Sultanate and the Republic...

Muscat: Alizz Islamic Bank signed an agreement with Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide Islamic financing facilities for...

Muscat: Gulf Cooperation Council (GCC) banks achieved a 6.5 per cent growth in assets in 2016, driven by increased lending to government and related...

Muscat: Rural Areas Electricity Company (Raeco) is planning a gas-fired independent power project (IPP) with a generation capacity of 78 megawatt (MW) in...

Muscat: Geopolitical tensions weighed on the MSM30 Index, which retreated 0.41 per cent to close at 5,405.73 points. The MSM Sharia Index ended at 794.72...

Muscat: On behalf of His Majesty Sultan Qaboos bin Said, His Highness Sayyid Asa'ad bin Tariq Al Said, Deputy Prime Minister for International Relations...

London: Opec's efforts to shore up oil prices has made one of the world's most polluting fuels a top performer for European oil refineries, as...

Istanbul: Turkey's annual consumer price inflation stood at 11.72 per cent in May, official data showed on Monday, edging back from the 8-year high a...

London: British new car registrations fell 8.5 per cent last month, an industry body said on Monday, blaming the decline on the run-up to this week's...

Cairo: Egypt's foreign reserves jumped to $31.126 billion at the end of May from $28.641 billion at the end of April, boosted by last month's...