Business

Riyadh: Saudi Arabia’s austerity measures will slash capital spending this year by 71 per cent, as the world’s biggest exporter of crude seeks to repair...

Muscat: Port Services Corporation, which manages the Sultan Qaboos Port in Muscat, said that the company has achieved a net profit of OMR1.83 million for...

Paris: Crude prices of $60 a barrel would probably trigger a strong increase in North American oil production while trimming global demand growth, the head...

Muscat: Gains in banking and telecommunication stocks supported the MSM 30 Index, which closed at 5,703.65 points, up by 0.30 per cent. The MSM Sharia Index...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to King Felipe VI of Spain on the occasion of his country's National...

Muscat: Marking the drive of local industry and the competitive spirit being infused nationwide, BP Oman celebrated the official opening of Nizwa’s...

Singapore: Samsung Electronics halted sales of its Galaxy Note 7 smartphones and asked consumers to stop using the ones they’ve already purchased, another...

RIiyadh: Saudi Arabia’s Public Investment Fund (PIF) is set to cut back on lending to domestic projects, which has increased by more than 80 per cent over...

Muscat: The 4th International Conference Oman in the World Press and the 7th Documentary Exhibition began yesterday under the auspices of Dr. Abdul Munim...

Muscat: Oman Oil Refineries and Petroleum Industries’ (Orpic) ground-breaking ceremony for Liwa Plastics Industries Complex costing $6.5 billion was held...