Economy

Muscat: The UAE’s leading private utility, Utico, on Tuesday announced signing an investment agreement with Majis Industrial Services, a Government of...

Muscat: The Gulf Cooperation Council (GCC) countries are set to grow at a strong pace in 2019, according to the Kuwait Financial Centre's (Markaz)...

Muscat: Oman’s central bank raised OMR18 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: Raysut Cement Company (RCC), Oman’s largest cement manufacturer, said that it has officially gone live on SAP ERP (enterprise resource planning)...

Muscat: Bank Muscat, the flagship financial institution in the Sultanate, posted a net profit of OMR179.63 million for the year ending December 31, 2018,...

Frankfurt: The German economy, Europe's largest, likely recovered slightly in the fourth quarter of 2018, avoiding a technical recession after negative...

Muscat: Haya Water has made good progress in the construction of the Sewage Treatment Water (STP) project in Darsait and the operation phase is expected to...

Muscat: Omantel – the first and leading provider of integrated telecommunications services in the Sultanate – has inked a contract to provide Al Tasnim...

Muscat: Asyad, the end-to-end logistics solutions provider in the Middle East, and Oman LNG entered a strategic partnership to share knowledge and...

Detroit: The auto industry gathered on Sunday in Detroit, on the eve of the last winter edition of North America's premiere auto show, as carmakers...