Business

Muscat: The Sultanate recorded a fall in the production of standard grade petrol (M-91) by Omani refineries at the end of December 2019 by 13 per cent, with...

Dubai: IFS, the global enterprise applications company, has announced the signing of a new agreement with Oman ICT Group. The crucial partnership will help...

Muscat: Oman Arab Bank (OAB) recently signed an agreement with Majan Lounge at the Muscat International Airport. The agreement will see platinum and Elite...

Muscat: Oman’s central bank raised OMR13.6 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...

Muscat: The Central Bank of Oman (CBO) announced the new issue of Government Development Bonds (GDB). The size of the new issue is fixed at OMR150 million...

Muscat: Gen. Sultan bin Mohammed Al Nu’amani, Minister of the Royal Office received in his office yesterday Gen. Kenneth F. McKenzie, Commander of the...

Muscat: SV Pittie Sohar Textiles (FZC), which is establishing a $300 million cotton yarn manufacturing project in Sohar Free Zone, started production ahead...

Muscat: The Sultanate’s budget deficit fell 1 per cent to OMR1,896.8 million till the end of November 2019. The budget deficit for the same period of 2018...

Dubai: Dubai Aerospace Enterprise (DAE) Ltd. announced that it has signed a US$300 million 5-year dual-tranche unsecured term financing facility with...