Business

London: Libya's Sharara oil field, the country's largest, reopened on Tuesday after being shut down for more than two weeks due to a pipeline...

Doha: As delegated by His Majesty Sultan Qaboos bin Said, Dr. Ahmed bin Mohammed Al Futaisi, Minister of Transport and Communications took part in the...

Muscat: His Majesty Sultan Qaboos bin Said yesterday issued three Royal decrees. Royal Decree No. 42/2017 restructures the Board of Governors of Central...

MUSCAT: Despite poor trading activity, the MSM30 Index gained 0.21 per cent to close at 5,063.11 points. The MSM Sharia Index closed at 739.24 points, up by...

Muscat: CESI, world-leading technical consulting and engineering company, has been awarded the second phase of the Automated Meter Reading (AMR) technology...

Muscat: Oman’s total crude oil exports increased to 25.44 million barrels in July 2017, compared to 24.14 million barrels in the previous month. However,...

Muscat: Oman Investment Corporation (OIC), a leading private equity investment company based in Oman, has invested in Nafath Renewable Energy (Nafath), an...

Muscat: Oman’s market regulator Capital Market Authority (CMA) has approved Ahli Bank’s plans to issue perpetual bonds aggregating OMR50 million. The...

Muscat: The Council of Ministers has approved the appointment of the Authority for Electricity Regulation (AER) board members. The decision stipulates...

Muscat: New issues for the remainder of 2017 are set to remain high, with estimates in excess of $20 billion, as a result of favourable market conditions,...