Business

Saturday 13/February/2016 19:36 PM

US consumer spending counters recession fears

Washington: United States consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that...

Saturday 13/February/2016 18:33 PM

Inflation rises marginally in Oman

Muscat: Oman’s CPI based inflation registered an increase of 0.10 per cent in January compared to the previous month (December 2015) while it showed a...

Saturday 13/February/2016 18:31 PM

420 licenccs for LPG stores issued by ministry

Muscat: Ya'aqoub bin Shayekh Al Dhab'ouni, head of Oil Products Licences at the Ministry of Commerce and Industry said that the ministry is revising...

Saturday 13/February/2016 18:30 PM

Raysut Cement net profit drops

Muscat: Raysut Cement Company, the Sultanate’s biggest cement producer, said its net profit fell by 23.62 per cent to OMR20.95 million for 2015, against...