Business

Cairo: Egypt has received a $2 billion deposit from Saudi Arabia, an Egyptian central bank official said, bringing it closer to securing a $12 billion loan...

Muscat: The Sultanate and China held the 10th Round of the strategic consultations yesterday, in China’s Shiyan city. Sayyid Badr bin Hamad bin Hamood Al...

Dhofar: Minimum wages for the national workforce are set to increase as the Directorate General of Manpower in Dhofar has signed agreements with a couple of...

Muscat: Quality of service, increasing the geographic coverage and the challenges facing the telecom sector were discussed by the Dr. Ahmed bin Mohammed Al...

Hong Kong: Crude oil held above $50 a barrel amid uncertainty over Russia’s willingness to join Organisation of Petroleum Exporting Countries (Opec)...

Muscat: Mercedes-Benz Oman has announced the appointment of Lawrence Good as its new chief executive officer. A highly regarded industry senior manager with...

Muscat: Dubai Mercantile Exchange (DME) on Wednesday said that Oman Crude breached a 12-month high of over $50 per barrel, as oil markets maintained the...

Muscat: Bank Muscat, the leading financial institution in the Sultanate, posted a net profit of OMR136.91 million for the nine months ended September, 2016...

Muscat: International law firm CMS, operating in Oman, in exclusive cooperation with Amur Al Rashdi and Benjamin Ewing Advocates and Legal Consultants,...

Seoul: Samsung Electronics cut its third-quarter operating profit by $2.3 billion after ending production of its fire-prone Galaxy Note 7 smartphones, the...