Business

Abu Dhabi: UAE banks provided AED16.5 billion in loans in Q1-2020 to the industrial and business sectors, bringing to circa AED818.8.1 billion the total...

Muscat: The unaudited financial statements for the first quarter show a slight decrease in direct insurance premiums at 2.2 per cent. Gross direct premiums...

Muscat: His Majesty the Sultan has sent a congratulatory cable to the President of the Republic of Paraguay on the occasion of his country’s National...

Muscat: The price of Omani oil continued its rise, with prices for delivery by next July reaching $32.42 USD on the Dubai Energy Market on Wednesday. A...

Muscat: The Ministry of Finance has issued a Financial Circular No. 16/2020 which relates to the reduction of budgets of ministries and government units. A...

Muscat: In order to facilitate the return of stranded Indian nationals from Oman, the Government of India has decided to operate eight more special flights...

Muscat: The Ministry of Manpower has issued a clarification on the information being circulated regarding reducing the wages of the national workforce. A...

The MSM30 index closed at 3,450.89 points, down 0.43 per cent from previous close. The Sharia Index ended lower by 0.24 per cent at 516.98 points. Oman...

Muscat: The inflation rate in the Sultanate, measured by movement in the average Consumer Price Index (CPI), fell by 0.97 per cent in April 2020 compared to...

Muscat: Oman’s central bank raised OMR65 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...