Business

Muscat: A 44 million imperial gallons per day (MIGD)-capacity desalination project in Qurayyat will start operation in the fourth quarter of this year. The...

Muscat: Bank Sohar continues to invest in the capacities and growth of its top management, with the recent appointment of a new Head of Investment—Gigi...

Muscat: Most Omani banks have completed their half-yearly reporting obligations. It is now advised that banks should focus on the looming deadline of...

Muscat: Private deposits at commercial banks in the Sultanate rose by 2.5 per cent to OMR12.37 billion, as of end of May 2017, compared with OMR12.07...

Washington: The US economy accelerated in the second quarter as consumers ramped up spending and businesses invested more on equipment, but persistent...

New York: What looms over businesses as far flung as car repair, lab equipment and swimming pool gear? In a word, Amazon. Almost 700 US companies have...

Washington: The International Monetary Fund (IMF) on Friday said that the US dollar was overvalued by 10 per cent to 20 per cent, based on US near-term...

Moscow: The Russian central bank held its key interest rate unchanged at 9 per cent on Friday, citing geopolitical risks and inflationary pressures, but it...

Fremont (California): Tesla Chief Executive Officer Elon Musk said on Friday the Model 3 had over half a million advance reservations as he handed over the...

Mumbai: The benchmark BSE Sensex soared to a fresh life-time high of 32,533.34 and the NSE Nifty hit a new high of 10,068.40 in opening trade on Thursday on...