Business

Muscat: Reflecting Islamic finance’s continued surge in popularity in Oman, Bank Nizwa reported its first net profit since its inception in...

Muscat: Oman Refineries and Petroleum Industries Company (Orpic) said that the capacity of its polypropylene plant will be raised to 340,000 tonnes of high...

Muscat: High per capita income and a strong government will boost a robust economic outlook and help Oman remain resilient in tough financial situation,...

Duqm: Duqm free zone has completed 16 per cent of the ninth five-year infrastructure projects, a senior official said. The five year plab is between 2016...

Muscat: A draft regulation for listing real estate investment trust (REIT) funds is ready and is awaiting final approval from certain ministries, such as...

Washington: New orders for US-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment...

Dubai: Saudi Arabian Oil Co. is weighing a plan to hire investment banks for different stages of its initial public offering, four people with knowledge of...

New Delhi: Securities and Exchange Board of India (Sebi) on Friday banned Reliance Industries and 12 others from equity derivatives trading for one year and...

Washington: New US single-family home sales jumped to a seven-month high in February, suggesting the housing market recovery was gaining momentum despite...

Lisbon: Portugal slashed its budget deficit last year by more than half to 2.1 per cent of gross domestic product (GDP), the lowest level since its return...