Economy

Muscat: The Board of Directors of Duqm Refinery recently announced the appointment of Dr Salim Al Huthaili as a Chief Executive Officer of Duqm...

Muscat: Duqm Refinery announced the financial closure of its $4.61 billion multi-sourced, Sharia-complaint project at a dinner held at the Intercontinental...

Muscat: In line with the orientation and strategy of the Sultanate to implement e-governance and develop the digital society, the Omani Authority for...

Muscat: The Ministry of Commerce and Industry has announced the three main fields that the industrial strategy of 2040 — aimed at enhancing the...

Sydney: Australia's central bank kept interest rates at a record-low on Tuesday as a drop in house prices accelerated. Borrowing costs have stayed at...

Brussels: EU finance ministers agreed reforms to better fight against a financial crisis on Tuesday that fell short of the original ambitions to relaunch...

Muscat: Price change for consumer goods and services (excluding housing) in the Gulf Cooperation Council (GCC) countries rose by 4.6 per cent over the 12...

Muscat/Kenya: Oman’s largest cement manufacturer, Raysut Cement Company is eyeing acquiring ARM Cement of Kenya as part of the company’s aggressive...

Muscat: The aim of the merger between Oman Oil Company and Oman Refineries and Petroleum Industries Company (Orpic) is to ensure integration among the...

Vienna: Opec members and other oil-producing countries convene in Vienna this week to discuss lowering their output, as they scramble to buffer their...