Business

Muscat: A tender for developing the first phase of a large crude storage facility at Ras Markaz near Duqm will be awarded soon. The first phase will have a...

Muscat: Oman’s cabinet will study a proposal to partially compensate poor families who are unable to afford rising petrol prices after the government...

Muscat: Oman plans to limit its crude oil production to 970,000 barrels per day (bpd) this year instead of an original plan of 1,001,000 barrels a day, if...

Muscat: British Petroleum said that the first gas from its Khazzan field, which will initially produce 500 million cubic feet of natural gas per day, is...

Muscat: Oman Oil Company Exploration and Production (OOCEP) on Monday announced three significant oil and natural gas discoveries in Block 60. The company...

Muscat: Trade between Oman and South Africa is still in its preliminary stages and has a huge potential to grow, according to speakers at a business forum...

Muscat: Recovery in banking sector lifted the MSM30 Index to 5,596.67 points, a gain of 1.06 per cent. The MSM Sharia Index ended at 846.18 points, up by...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to President Juan Manuel Santos of the Republic of Colombia on victims of the...

Muscat: Middle East organisations will drive new digital business models by leveraging the $400 million growth in data storage to 2025, industry experts...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Macky Sall of the Republic of Senegal on the occasion of his...