Business

Muscat: Oman’s Special Economic Zone Authority at Duqm (Sezad) plans to invest $1 billion per year for developing infrastructure at the free zone and...

Muscat: The majority shareholders of Oman Hotels and Tourism Company plan to buyback the company’s shares from minority shareholders who own 50,000 shares...

Muscat: Oman’s benchmark MSM30 Index fell by 0.31 per cent to close at 5386.64 points; it’s lowest in fourteen months. The MSM Sharia Index was down by...

Muscat: Oman’s average annual inflation based on consumer price index (CPI) during January- March 2017 period stood at 2.33 per cent mainly due to...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Dr. Giorgi Margvelashvili of the Republic of Georgia on the...

Mumbai: Canadian billionaire Prem Watsa's Fairfax Financial Holdings on Saturday sold 12.18 per cent of its stake in general insurance ICICI Lombard...

Ahmedabad: Adani Power, a part of the Adani Group, posted a net loss of Rs4,960.53 crore (Rs49.60 billion) for the fourth quarter ended March 2017 as...

New Delhi: Finance Minister Arun Jaitley has favoured disinvestment of the loss-making Air India, saying the airline's market share is just around 14...

Beijing: China is determined to open its market and is positive about promoting talks on a China-EU investment agreement, a senior Chinese official said on...

Muscat: When, approximately one year ago, Rolls-Royce presented 103EX to the world, it invoked its coach-building heritage to inspire its future clientele....