Business

Wednesday 10/April/2019 17:07 PM

Consolidation drives M&A transactions

Muscat: The merger and acquisition (M&A) targeting Mena region in 2019 has already surpassed all annual totals following the US$70.4 billion Saudi...

Wednesday 10/April/2019 16:57 PM

NBO, Ominvest ink credit facility pact

Muscat: National Bank of Oman (NBO) and Oman International Development and Investment Company (Ominvest) have signed a long-term secured credit facility...

Wednesday 10/April/2019 14:27 PM

Royal Oman Police arrests three in Musandam

Muscat: A person has been arrested for attempting to smuggle alcohol in Musandam, the Royal Oman Police (ROP) announced. In a statement online, ROP said,...

Tuesday 09/April/2019 17:00 PM

Oman's share index closes higher marginally

Muscat: The MSM30 index ended higher and closed at 3,971.72 points, with minimal change. The MSM Sharia Index closed at 545.50 points, up by 0.31 per cent....

Tuesday 09/April/2019 16:42 PM

Oman's banking sector assets grows by 8%

Muscat: Oman's banking sector has achieved a notable 8 per cent growth in assets, reflecting its strong capacity to provide the funding requirements for...

Tuesday 09/April/2019 16:37 PM

OABC brings 36 US franchises to Oman

Muscat: The Oman American Business Center (OABC) introduced 36 U.S. franchises to Omani investors and entrepreneurs at a two-day event at the Crowne Plaza...