Business

Riyadh: Saudi Arabia may be embarking on a new phase in its efforts to stave off the worst of a cash crunch among its banks. The kingdom’s central bank,...

Muscat: Shares on the Muscat bourse followed declining regional trend as oil prices held near three-month low, with oversupply concerns threatening further...

Muscat: A number of expats selling rotten meat were arrested yesterday in a raid carried out by the Directorate General of Muscat Municipality in...

Muscat An eight-year-old boy has died after he drowned in a farm pond, according to the Royal Oman Police. The tragic accident happened on Monday evening,...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Mahmoud Abbas of the State of Palestine, Chairman of the Executive...

Muscat: Businesses which fail to renew expired commercial registrations within six months from today will face action, the Ministry of Commerce and Industry...

Munich: BMW’s second-quarter profit climbed 7.9 per cent as the luxury carmaker kept a tight hold on costs to offset a reliance on less-expensive vehicles...

London: InterContinental Hotels, owner of the Holiday Inn and Crowne Plaza brands, said first-half earnings rose as a resilient United States market made up...

Abu Dhabi: United Arab Emirates will seek a sovereign credit rating and tap the bond market soon after authorities approve a long-awaited federal debt law,...

Muscat: Uğur Doğan, the ambassador of the Republic of Turkey to the Sultanate of Oman, thanked Oman on Tuesday for its support during the coup attempt in...