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Business

Tuesday 09/February/2016 18:32 PM

Oman share index ends lower

Muscat: After a strong first couple of days, the MSM30 Index retreated 0.19 per cent to close at 5,388.02 points. Trading volume and turnover saw an uptick...

Tuesday 09/February/2016 18:25 PM

Bank Nizwa achieves operational break-even

Muscat: Bank Nizwa, Oman’s first dedicated Islamic bank, achieved operational break-even point between revenue and expenses, reporting a total revenue...

Tuesday 09/February/2016 18:20 PM

His Majesty issues two Royal Decrees

Muscat: His Majesty Sultan Qaboos bin Said yesterday issued two Royal Decrees as follows: Royal Decree No. 7/2016 appoints an adviser at the Foreign...

Tuesday 09/February/2016 18:15 PM

SpiceJet insists on time delivery of aircraft

New Delhi: SpiceJet, the Indian budget carrier choosing between Boeing and Airbus for its at least $11 billion order, has one condition: Delivery needs to...

Tuesday 09/February/2016 18:10 PM

German industrial production falls

Frankfurt: German industrial production unexpectedly fell for a second month in December, a sign that a slowdown in major export markets is holding back...

Tuesday 09/February/2016 17:10 PM

Duqm port signs deal with United Engineering

Muscat: A 25-year land lease agreement for using a six hectare plot was signed by United Engineering Services (UES) with Port of Duqm Company (PDC). One of...