Business

Tehran: Iran, Opec’s third-biggest member, plans to boost its oil output to a level of 4 million barrels a day this year, potentially complicating the...

Riyadh: Saudi Arabia has work to do to ease pressure in the kingdom’s banking system. The interest rate banks charge one another for loans rose by the...

Muscat: Gulf Cooperation Council (GCC) sovereigns’ financing needs in 2015-2019 could total $560 billion, says S&P Global Ratings, as the consequences of...

Muscat: A delegation of Social Research and Studies Department in the Directorate General of Research and Development Studies at the Supreme Council for...

Muscat: Preparations for the second municipal councils elections in the various governorates, scheduled to be held late this year are being...

Muscat: More than OMR1.7 million in fines have been collected by the Public Authority for Consumer Protection (PACP) from all its departments in the...

Muscat: A number of members of the State Council confirmed that the Omani Women’s Day, which falls on October 17 is a landmark day for Omani women. It...

Muscat: The bilateral trade between Oman and Iran is expected to touch $5 billion within five years, from merely $1 billion now. The volume of trade between...

Muscat: Shares on the Muscat Securities Market (MSM) edged down on profit-booking. The MSM 30 Index witnessed marginal decline of 0.16 per cent to end at...

Muscat: Bank Dhofar said that its board has decided to discontinue its negotiations with Bank Sohar for the proposed merger. Both banks have been unable to...