Business

Muscat: National oil company Petroleum Development Oman (PDO) has made significant progress in developing the Bahja-Rima cluster field, which has more than...

Muscat: His Highness Sayyid Asa'ad bin Tariq Al Said, Deputy Prime Minister for International Relations and Cooperation Affairs and Personal...

Muscat: Alargan Towell Investment Company, one of the Sultanate’s leading real-estate development companies, announced the completion of the paving of...

Muscat: Negative sentiments from a relatively poor set of numbers continued to drag down the MSM30 Index, which declined 1.13 per cent to end at 5,063.76...

Muscat: Oman Power and Water Procurement Company (OPWP) plans to build a 22 million imperial gallons per day (100,000 cubic meters per day)-capacity...

Muscat: Galfar Engineering and Contracting Company, the Sultanate’s largest contracting firm, said the group’s net profit for the first half of 2017...

Khobar, (Saudi Arabia): State oil firm Saudi Aramco said the first phase of a new Energy Industrial City in Saudi Arabia will be completed in 2021. Last...

Muscat: Oman’s economy is expected to witness a slowdown in 2017, but the country is well placed to deal with the challenges posed by the economic...

Muscat: Oman Telecommunications Company (Omantel), the Sultanate’s biggest telecom service provider, said its group net profit stood at OMR40.8 million...

Muscat: Bank Nizwa, the Sultanate’s first and leading Islamic bank, reported a net profit of OMR1.3 million for the first half of 2017, against a loss of...