Business

London: Oil prices slipped on Monday as further increases in US drilling activity undercut an Opec-led push to tighten supply. Trading was subdued due to...

Muscat: Oman’s first large-scale commercial wind-based renewable energy project is getting delayed and will start operations in 2020. “The project has...

Muscat: Yousuf bin Alawi bin Abdullah, Minister Responsible for Foreign Affairs received on Monday Abdulmalik Abduljalil Al Mekhlafi, Deputy Prime Minister...

Dubai: The Saudi Arabian central bank's foreign assets fell in April as the government borrowed heavily abroad, according to official data that...

Muscat: Gen. Sultan bin Mohammed Al Nu'amani, Minister of the Royal Office received on Monday Mohammad Reza Nouri, Ambassador of the Islamic Republic of...

Muscat: Shares on the Muscat bourse edged down on listless trading. The MSM 30 Index was relatively stable and closed at 5,385.21 points, down 0.03 per...

Muscat: Meethaq—the pioneer of Islamic banking in Oman from Bank Muscat—has evoked a strong response to its Sukuk programme. The maiden OMR25 million...

Dubai: Saudi Arabia will impose a special tax on tobacco and sugary drinks on June 10, as part of a series of steps towards closing a budget deficit caused...

Dubai: Saudi Arabian lender Alawwal Bank, 40 per cent owned by Royal Bank of Scotland (RBS), has picked JPMorgan to advise it on a proposed merger with...

Larnaca: Iraq may look at hedging part of its crude oil production, the head of the Opec member's oil marketer Somo said, as a way to protect government...