Business

Kuwait: Oman's oil minister said on Wednesday there is room for non-Opec countries to cut output further as part of a supply deal agreement with Opec...

Muscat: Average rental rates in Abu Dhabi for apartments and villas fell by 7 per cent and 5 per cent, respectively, during 2016 and are expected to soften...

Muscat: A decision to introduce anti-dumping duties on foreign manufacturers to protect domestic industries will be taken at the GCC-level and not by...

Muscat: Oman Development Bank, the Sultanate’s leading development bank, has issued 33,643 loans worth of OMR272 million, as funding for various projects...

Muscat: Local institutional buying in banking stocks lifted the MSM30 Index 0.21per cent to close at 5,831.21 points. The MSM Sharia Index gained 0.22 per...

New York: American International Group (AIG) posted its fourth loss in six quarters, burned again by higher-than-expected claims costs as Chief Executive...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to President Dr. Dalia Grybauskaite of the Republic of Lithuania on the occasion of...

San Francisco: Apple is in discussions with China’s BOE Technology Group to supply next-generation displays for future iPhones, a key component that’s...

New Delhi: India’s clampdown on black money to boost transparency in the financial system continued to cut demand for gold in the world’s second-largest...