Business

Muscat: To boost near-term cashflow, Petroleum Development Oman (PDO) has reduced planned 2017 expenditure by almost $1.5 billion through project...

Muscat: Gen. Sultan bin Mohammed Al Nu'amani, Minister of the Royal Office received in his office on Tuesday Gen. Sir Nicholas Patrick Carter, Chief of...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Pranab Mukherjee of the Republic of India in reply to His...

Muscat: Weakness in banking and telecom stocks weighed on the MSM30 Index, which ended at 5,510.04 points, down by 0.34 per cent. The MSM Sharia Index lost...

Muscat: There has not been a proposed increase on water and electricity tariffs, officials announced. The Public Authority for Electricity and Water (PAEW)...

Muscat: Traders who want to increase prices on products must first seek permission from the consumer watchdog, according to a new decree. The new ruling is...

Washington: USconsumer spending was unchanged in March for a second straight month and a key inflation measure recorded its first monthly drop since 2001,...

San Francisco/Mumbai: India-based IT services firm Infosys said it plans to hire 10,000 US workers in the next two years and open four technology centres in...

New Delhi: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets...

Muscat: Oman’s majority state-owned Petroleum Development Oman (PDO) plans to invest more than $20 billion over a five-year period to sustain its...