Business

Muscat: Oman’s finance ministry will enhance its workforce to handle a large number of companies that are required to pay corporate income tax, following...

Muscat: A foundation stone laying ceremony for the Sino-Omani Industrial City will be conducted in the Special Economic Zone of Duqm on April 19. The...

Muscat: One of the many changes that the Royal Decree 9 of 2017 (RD) has made in the Oman Income tax law is the introduction of withholding tax (WHT) on...

New Delhi: India's Iran oil imports jumped to a record high in 2016/17 topping half-a-million barrels per day (bpd) as refiners boosted purchases after...

Muscat: Work is progressing fast on the construction of Sohar III, a green-field, integrated combined-cycle gas turbine power plant located in the Sohar...

Dubai: A senior central banker in Oman has called on the country's banks to be extra-vigilant about their exposure to sensitive sectors such as real...

Muscat: Shriram EPC Sharjah has decided to set up a limited liability company in Oman with a capital of OMR150,000, with Arken Group LLC. Shriram EPC...

London: Lloyds Banking Group apologised on Friday to victims of a high-profile fraud for which six people were jailed this year and said it had set up a 100...

Maracaibo/San Cristobal, (Venezuela): Venezuelan housewife Valentina Uzcategui journeyed to a foreign exchange office in neighbouring Colombia last month to...

London: Bank of England (BoE) Governor Mark Carney called on Friday for Britain and the European Union to reach a sweeping deal to recognise each...