Business

London: New rules on pricing investment research are shaking up the European fixed income, currency and commodity (FICC) industry, with many funds planning...

Zurich: As Novartis considers asset sales that could raise $50 billion, investors are worried any cash raised may give the Swiss drugmaker firepower for...

Muscat: His Highness Sayyid Fahd bin Mahmoud Al Said, Deputy Prime Minister for the Council of Ministers received on Monday Abdulmalik Abduljalil Al...

London: Oil prices slipped on Monday as further increases in US drilling activity undercut an Opec-led push to tighten supply. Trading was subdued due to...

Muscat: Oman’s first large-scale commercial wind-based renewable energy project is getting delayed and will start operations in 2020. “The project has...

Muscat: Yousuf bin Alawi bin Abdullah, Minister Responsible for Foreign Affairs received on Monday Abdulmalik Abduljalil Al Mekhlafi, Deputy Prime Minister...

Dubai: The Saudi Arabian central bank's foreign assets fell in April as the government borrowed heavily abroad, according to official data that...

Muscat: Gen. Sultan bin Mohammed Al Nu'amani, Minister of the Royal Office received on Monday Mohammad Reza Nouri, Ambassador of the Islamic Republic of...

Muscat: Shares on the Muscat bourse edged down on listless trading. The MSM 30 Index was relatively stable and closed at 5,385.21 points, down 0.03 per...

Muscat: Meethaq—the pioneer of Islamic banking in Oman from Bank Muscat—has evoked a strong response to its Sukuk programme. The maiden OMR25 million...