Business

Muscat: Around 25 expatriates in Muscat claim they have lost at least OMR15,000 from a chit fund (personal savings scheme) as the man running the fund has...

Abuja: Nigeria is looking for investments of $7 billion in mining and steel over the next decade as it seeks to develop gold and iron ore extraction...

London: A gauge of UK inflation expectations climbed to its highest level of 2016, as the nation’s Brexit decision and a slump in sterling helped push...

London: Oil traded near $46 a barrel after the biggest three-day gain since April as Nigeria’s oil minister signaled the prospect of production cuts from...

Muscat: APL Logistics on Tuesday announced the setting up APL Logistics Oman, a new joint venture company with Arab Global Logistics in Oman. APL Logistics...

Muscat: As part of its commitment to support Sultanate’s nationalisation plan and offer opportunities to Omani Small and Medium Enterprises (SMEs), Orpic...

Muscat: Oman’s two cement producers — Oman Cement Company and Raysut Cement Company — are planning to build a new cement plant in joint venture within...

Muscat: Weakness in financial stocks dragged down the MSM30 by 0.33 per cent to close at 5,886.96 points. The MSM Sharia Index ended at 896.89 points, down...

Muscat: Oman’s central bank on Tuesday said that it raised OMR85 million by tendering government treasury bills. The treasury bills have a maturity period...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of...