Business

Muscat: Oman Shipping Company (OSC), which is owned by the Oman government, successfully raised $227 million to finance its purchase of 10 new medium range...

Sur: A camel was rescued from a well by the Public Authority for Civil Defense and Ambulance. The marine rescue team at Sur PACDA received a call telling...

New York: Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and...

Singapore: Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported, the...

Addis Ababa: Lenders are lining up to establish a presence in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the...

Sohar: Public Authority for Civil Defence and Ambulance (PACDA) marked yesterday at the International Maritime College Oman in the Wilayat of Sohar the...

Muscat: A portal for entities subjected to taxation was launched on Wednesday by the ministry of finance. The ministry, represented by the Secretariat...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has received the initial approval from the Capital Market Authority (CMA) to...

Muscat: Microsoft has announced the appointment of Samer Abu Ltaif as the president of its Middle East and Africa (MEA) region. Abu Ltaif, who joined...

Muscat: Galfar Engineering and Contracting Company on Wednesday denied rumours circulating on social media that the company has claimed OMR338 million from...