Business

Muscat: Sale of regular fuel rose by 207 per cent as at the end of October 2016 to 4,211,000 barrel whereas the sales of premium fuel dropped by 23 per cent...

Muscat: Oman’s banking regulator has relaxed specific provisions for restructured loans, in a move to ease the flow of credit to productive sectors. The...

Muscat: A workshop on capital planning and liquidity under Basel III organised by Central Bank of Oman and the Union of Arab Banks (UAB) was inaugurated at...

Muscat: Manufacturing industries in Oman needs to bring down its cost of production by adopting automation in order to develop the industrial sector in the...

Baghdad: Iraq, Organisation of Petroleum Exporting Countries’ (Opec) second-biggest producer, will offer proposals this month to help the producer group...

Muscat: Jotun Paints in Oman can now produce double its capacity with the inauguration of new state-of-the-art facility in Rusayl Industrial Estate to mark...

Muscat: Majority state-owned Oman Telecommunications Company (Omantel) has signed a memorandum of understanding (MoU) with HCL Infosystems, India’s...

Muscat: Foreign selling in banking stocks weighed on the MSM30 Index, which declined by 0.46 per cent to end at 5,495.51 points. The MSM Sharia Index ended...

Muscat: Assigned by His Majesty Sultan Qaboos bin Said, Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council arrived in Malabo in Equatorial...

Muscat: Majlis Al Shura referred the 2017 budget plans to the State Council as per the state statute on Monday. The State Council now has 15 days to review...