Business

Muscat: Raysut Cement said its shareholders have approved a proposal to sell Oman Portuguese Cement Products Co. to Opal Development Co. The decision was...

Muscat: Bank interest rates in Oman have increased in view of the tight liquidity situation and increased competition among banks for deposit...

Muscat: Rebound in index heavyweights lifted the MSM30 Index to 5,027.35 points, a gain of 0.59 per cent. The MSM Sharia Index ended at 742.05 points, up by...

London: Oil prices firmed on Wednesday, holding near eight-week highs, as a fall in US inventories bolstered expectations that the long-oversupplied market...

Las Vegas: Moscow-based Kaspersky Lab on Tuesday announced it was rolling out a free version of its antivirus software across the globe, a product launch...

Washington: US consumer confidence jumped to a near 16-year high in July amid optimism over the labour market while house prices maintained their upward...

Brussels: The European Central Bank (ECB) should maintain a "firmly accommodative" monetary policy for an "extended period", the...

London: Uganda's new-found oil reserves may account for as much as 4 per cent of its economy annually in coming years if managed well, the International...

San Francisco: Twitter heads toward its quarterly earnings report on Thursday with a stock that has risen more than 40 per cent since April when much of...

Washington: The Federal Reserve is expected to hold interest rates unchanged on Wednesday and possibly hint that it will start winding down its massive...