Business

Muscat: Revenues of star hotels in Oman fell 8 per cent to OMR52.98 million in the first quarter of 2016, compared to the same period last year. The fall in...

Muscat: Shares on the Muscat bourse recovered on buying support at lower levels. The MSM30 Index bounced back on Tuesday with gains of 0.46 per cent to...

Philadelphia: Federal Reserve Chair Janet Yellen on Monday gave a largely upbeat assessment of the US economic outlook and said interest rate hikes are...

Muscat: A tender of Government Treasury Bills, issue number 9, was held at the Central Bank of Oman (CBO) this week. The total value of the allotted...

Muscat: Indians in Oman have been advised not to fall prey to calls made by fraudsters posing as embassy officials demanding money for embassy services. An...

San Francisco: Verizon Communications will bid $3 billion for Yahoo’s main Internet assets, the Wall Street Journal reported, seeking to edge out AT&T,...

Jeddah: Saudi Arabia plans to more than triple the government's non-oil revenues and clamp down on public-sector salaries over the next five years,...

Mumbai: India’s central bank Governor Raghuram Rajan left interest rates unchanged while investors await clarity on whether he’ll get an extension when...

Muscat: One person was injured in a fire at a cooking gas cylinder filling company in Musandam which was eventually put out by firefighters on Tuesday...

Muscat: Oman Crude oil, which is traded on the Dubai Mercantile Exchange (DME), has surged aheadby nearly 100 per cent from the multi-year lows set during...