Business

Wednesday 27/January/2016 19:29 PM

Bank Muscat proposes cash and stock dividend

Muscat: Bank Muscat, the leading financial services provider in the Sultanate, has proposed a 30 per cent dividend payment to shareholders for the year...

Wednesday 27/January/2016 19:26 PM

Oil recovery supports surge in Muscat shares

Muscat: Dividend announcements in banking stocks lifted the MSM 30 Index to 4,953.98 points, up 0.40 per cent. The MSM Sharia Index closed at 799.59 points,...

Wednesday 27/January/2016 19:24 PM

Toyota retains top slot in global car sales

Tokyo: Toyota stayed the world’s top-selling automaker for the fourth straight year and only company to deliver more than 10 million vehicles as...

Wednesday 27/January/2016 19:22 PM

BankDhofar logs 16% net profit growth

Muscat: BankDhofar posted a net profit growth of 15.62 per cent in 2015 at OMR46.77 million as against OMR40.45 million in 2014. The full year net loans,...

Wednesday 27/January/2016 19:05 PM

DME sets new record for Oman crude

Muscat: DME, the premier international energy futures and commodities exchange in the Middle East, on Wednesday achieved a new open interest record for its...

Wednesday 27/January/2016 17:35 PM

His Majesty receives thanks from Mauritania

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Mohamed Ould Abdel Aziz of Mauritania in reply to His Majesty's...

Wednesday 27/January/2016 17:32 PM

Apple forecasts drop in revenue

San Francisco: Apple forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market...

Tuesday 26/January/2016 21:55 PM

21 entrepreneurs feted by Riyada in Oman

Muscat: Hosting its second annual celebration of Oman’s entrepreneurial success, Riyada, Public Authority for Small and Medium Enterprises Development,...