Business

Muscat: Falling crude oil prices started pulling down the local bourse with the share prices touching a five-year low. Muscat Securities Market (MSM)...

Muscat: National Bank of Oman (NBO) on Tuesday reported a 20 per cent surge in net profit to OMR60.11 million in 2015, up from OMR50.27 million posted in...

Muscat: Majority state-owned Oman Telecommunication Company (Omantel) on Tuesday said that the company has received a no objection certificate from the...

Muscat: Oman’s total production of crude oil and condensates touched 31,214,058 barrels in December 2015, a daily rate of 1,006,905 barrels, a rise of...

Muscat: Construction sector has the potential to contribute around 10 per cent to the gross domestic product (GDP) by 2020 if effective initiatives are...

Muscat: Oman Centre for Corporate Governance and Sustainability (OCCGS) has announced the appointment of Sayyid Hamid Sultan Al Busaidy as executive...

Muscat: Global smartphone manufacturer, Huawei, is all set to unveil its new Mate 8 in the region with a launch ceremony scheduled for January 18 in...

Muscat: Special Economic Zone Authority for Duqm (Sezad) has floated a tender to build a fishing harbour in Duqm for the international companies specialised...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from His Majesty King Hamad bin Issa Al Khalifa of Bahrain in reply to His...

HONG KONG: Oil extended declines from the lowest close in more than 12 years before United States government data forecast to show crude supplies expanded,...