Business

New Delhi: Wholesale inflation broke the three-month declining trend and rose to 3.39 per cent in December 2016, mainly due to rise in prices of...

Muscat: Omantel, the largest telecom service provider in Oman, has recorded a net profit for 2016 of OMR116.7m, a 140.6 per cent increase on the previous...

Muscat: Ten prisoners have been released from the Guantanamo Bay facility in Cuba and will “temporarily reside” in Oman, the Ministry of Foreign Affairs...

Muscat: Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council received at the council’s headquarters yesterday a delegation from the National...

Muscat: Oman, represented by the Ministry of Social Development, marked the Gulf Child Day (GCD) which falls on January 15 every year. This celebration...

Latest: Minister of Manpower backs 2-year visa ban in Oman Muscat: Oman will have a new labour law “in the near future,” according to Sheikh Abdullah...

Muscat: His Majesty Sultan Qaboos bin Said yesterday issued seven Royal decrees as follows: Royal Decree No. 2/2017 ratifies the articles of association of...

Muscat: Local trading dominated Sunday’s trading session with investors reacting to results announcements. The MSM30 Index closed at 5,744.05 points, down...

Dubai: Kuwait’s main stock gauge, the Middle East’s best performer this year, rose for an eighth day, while shares in the United Arab Emirates fell as...

Muscat: Raysut Cement, the largest cement producer in Oman, has reported a 1.02 per cent growth in net profitsof OMR21.17 million for 2016, against OMR20.95...