Business

Tuesday 04/February/2020 17:55 PM

OAB signs agreement with Majan Lounge

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

Tuesday 04/February/2020 17:52 PM

CBO issues treasury bills worth OMR13.6 million

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,...

Monday 03/February/2020 18:39 PM

CBO issues new Government Development Bonds

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...

Monday 03/February/2020 17:57 PM

Al Nu’amani meets US Central Command chief

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...

Monday 03/February/2020 17:14 PM

SV Pittie Sohar Textiles generates positive cash flows in record time

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

Monday 03/February/2020 17:12 PM

Oman’s budget deficit falls by 1%

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...

Monday 03/February/2020 17:09 PM

DAE signs new $300 million 5-year dual tranche loan

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

Sunday 02/February/2020 17:33 PM

OMR12 million Radisson Hotel Apartments to come up in Ghala

Muscat: People in Oman, as well as those who live overseas, who are looking to invest in a new holiday home, will soon be able to invest in the new Radisson...

Sunday 02/February/2020 17:31 PM

Oman’s GDP falls 2.6% by end of September 2019

Muscat: The Sultanate's Gross Domestic Product (GDP) fell by 2.6 per cent, reaching OMR21.64 billion at current market prices by the end of September...

Sunday 02/February/2020 17:29 PM

Oman's share index closes marginally higher

The MSM30 index closed at 4,092.72 points, up 0.33 per cent. The Sharia Index closed up 0.10 per cent at 557.13 points. Gulf International, 4.81 per cent,...