Business

Muscat: On the back of a very successful performance in drydockings, conversions and repairs in first half of 2015, Oman Drydock Company (ODC) has unveiled...

Dubai: Royal Dutch Shell exited a natural-gas project in Abu Dhabi as the decline in energy prices deepens. Europe’s biggest oil company won’t develop...

Muscat: Sohar Islamic, Bank Sohar’s Islamic banking window, recently signed a memorandum of understanding (MoU) with Muscat Hills to provide preferential...

Mumbai: India’s central bank governor Raghuram Rajan oversaw the biggest jump in currency reserves among major developing nations and he’s not afraid to...

Muscat: Value of merger and acquisitions (M&A) with Middle Eastern involvement reached $56.2 billion in 2015, a growth of 13 per cent compared to 2014, thus...

Muscat: Saudi Arabia’s ACWA Power, which has presence in Oman in the form of independent power projects, has signed a 25-year power purchase agreement...

Muscat: Oman’s government on Monday signed a $1 billion loan agreement with 11 international banks, including two regional banks, to partly fund an OMR3.3...

Dubai: Brent oil dipped below $28 a barrel as it extended declines after international sanctions on Iran were lifted, paving the way for increased exports...

Singapore: Unilever's Indian unit is looking less like a consumer goods empire and more like a faltering commodities business. The multinational's...

Muscat: Shares on the Muscat Securities Market (MSM) partially recovered on Monday, after a major slump of 3.21 per cent on the previous day. The MSM 30...