Business

Muscat: Oman’s 326 megawatt (MW)-capacity Wadi Al Jissi and 405 MW-capacity Ghubra independent power projects will be decommissioned next year. The...

Muscat: Shares on the Muscat bourse reacted on selling pressure. The MSM30 Index fell by 0.23 per cent to close at 4994.34 points. The MSM Sharia Index was...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Lenin Moreno of the Republic of Ecuador on the occasion of his...

Muscat: Oman Oil Refineries and Petroleum Industries Company (Orpic) was felicitated with five top awards at the eighth Asia’s Best Employer Brand Awards...

Cairo: Egypt's budget deficit for the fiscal year 2016/2017 that ended in June stood at 10.9 per cent compared to 12.5 per cent for the previous year, a...

Almyetyevsk (Russia): A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with...

Washington: US job openings jumped to a record high in June, outpacing hiring, the latest indication that companies are having trouble finding qualified...

Tokyo: Mazda Motor said it would become the world's first automaker to commercialise a much more efficient petrol engine using technology that...

Caracas/Houston: To survive months of street protests and an economy in tailspin, Venezuelan President Nicolas Maduro is trying to turn state oil company...

Shanghai: Banks dragged China's stock markets lower on Wednesday amid concerns that regulators will continue to clamp down on debt risks, but strong...