Business

Muscat: Most of the outstanding dues of contracting firms have been paid by the government, said the executive president of the Central Bank of Oman. “May...

Muscat: Oman plans to borrow as much as $10 billion from overseas markets in the next four years to meet budget deficit in the aftermath of a severe fall in...

Muscat: Oman’s government is taking major steps in attracting private investment to develop several sectors, especially infrastructure and real estate...

Seoul: Samsung Electronics said on Monday it is offering an upgrade programme to Galaxy Note 7 customers in South Korea who trade in their recalled device...

Dubai: Opec’s second-largest producer threw an obstacle in the group’s path toward a final deal to stabilise oil markets when Iraq balked at joining...

New York: Wall Street banks are writing some of their biggest cheques ever to fund AT&T’s takeover of Time Warner as they seek a bonanza of fees. But...

Muscat: BP Oman announced that phase one of its massive Khazzan natural gas project is 80 per cent complete and on track to deliver first gas near the end...

Muscat: China retained its top position as the leading importer of Oman Crude by purchasing as much as 180.99 million barrels from the Sultanate in the...

Muscat: Sohar Freezone has been selected as winner of the New Investments Award in the 2016 fDi Magazine Free Zones of The Year Awards, in its annual search...

Muscat: Selling activity in large caps weighed on the MSM 30 Index, which declined by 0.44 per cent to close at 5,537.97 points. The MSM Sharia Index closed...