Business

Washington: The Board of Governors of the IMF has approved a general allocation of Special Drawing Rights (SDRs) equivalent to $650 billion (about SDR 456...

Muscat: Gulf Cooperation Council (GCC) real estate value transacted in the first half of 2021 reached $64.9 billion and has approached within 26 per cent...

Muscat: The Sultanate of Oman’s financial wealth grew by a Compound Annual Growth Rate (CAGR) of 3.8 per cent annually from 2015 to reach a high of $64...

Muscat: Oman’s central bank raised OMR192 million by way of allotting treasury bills on Tuesday.The treasury bills are for a maturity period of 28 days,...

Muscat: The MSX index closed at 3,999.28 points, down 0.20 per cent from the previous close. The Sharia Index up 0.15 per cent at 585.10 points. Ahlia...

Muscat: Eng. Issam Al Zadjali, Chairman of Muscat Municipality visited Muscat Bay, Oman’s bespoke luxury lifestyle destination to learn more about the...

Muscat: In a breakthrough announcement, Synergy BioFuels announced the commissioning of the first biodiesel plant in Oman in Samail Industrial Estate. The...

Muscat: The MSX index closed at 4,007.18 points, down 0.76 per cent from the previous close. The Sharia Index down 0.57 per cent at 584.31 points. SMN Power...

Muscat: The Ministry of Transport, Communications and Information Technology has signed a cooperation agreement with the National Energy Centre with the aim...

Muscat: The Rural Areas Electricity Company 'Tanweer' - a member of Nama Group - continues its efforts to raise the electricity grid's reliability in the...