Business

Muscat: Containing the twin deficits and levels of public debt remain top priorities of the macroeconomic policy in Oman to preserve the macro-financial...

MUSCAT: Tanweer, Rural Areas Electricity Company, member of Nama Group, hosted the Contractor Forum, on December 14, which brought together the company's...

Muscat: The effective exchange rate index of the Omani Rial fell by 2 per cent to 104 points as of the end of September 2020 compared to 106.1 points in the...

Muscat: The MSM index closed at 3,597.32 points, down 0.15 per cent from the previous close. The Sharia Index ended up 0.35 per cent at 509.92 points....

Singapore: COVID-19's effect on industries has varied dramatically and will continue to be felt for years in terms of the growth outlook, financial policy...

Muscat: Supporting initiatives to scale up the robust industrial sector in the Sultanate, ahlibank has announced the financing of OMR8.1 million for Duqm...

Muscat: Khazaen, the newest economic city in Oman, has been consistently gaining momentum over the past few months. Three new agreements have been signed by...

Muscat: The price of Oman oil has increased, with prices for delivery by next February reaching $ 50.70 USD on the Dubai Energy Market on Monday. ...

Muscat: The Capital Market Authority (CMA) has issued a new organisational regulation to organise the investment of the insurance companies’ assets and...

Muscat: Value Added Tax (VAT) is a consumption-based tax. It is applied to goods and services sold to consumers. It is imposed and collected at every stage...