Business

Muscat: The number of industrial licences and customs and tax exemptions during the first half of 2023 stood at 11,845 compared to 6,998 applications during...

Muscat: The Centralised Utilities Company (Marafiq), a joint venture owned by OQ; a subsidiary of Oman Investment Authority (OIA), implemented a water...

Muscat: The revenues of 3-5-star hotels in Oman stood at OMR122,530,000 at the end of July 2023, up by 27.8 per cent over the corresponding period in...

Muscat: Oman Arab Bank (OAB) reported a consolidated net profit after tax of OMR11.5 million for the first half of 2023, up 64 per cent against the same...

Muscat: Customer deposits in GCC banks showed a smaller growth in the last few quarters resulting in a small and gradual increase in the loan-to-deposit...

Muscat: The GCC banking sector witnessed continued growth in lending during the second quarter of 2023 despite interest rates reaching decades-high levels...

Muscat: The total fish exports of the Sultanate of Oman by the end of 2022 stood at about 281.601 tonnes, generating OMR140,089,300 and posting a rise of...

Muscat: The Central Bank of Oman (CBO) raised OMR23 million by way of allotting treasury bills.The value of the allotted treasury bills amounted to OMR2...

New Delhi: India’s real estate sector is expected to expand to $5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according...

Muscat: The effective exchange rate index of the Omani Rial rose by 1.6 percent  to 115.3 points by the end of June 2023, compared to 113.5 points at...