Business

Muscat: Al Madina Real Estate has signed a Memorandum of Understanding (MoU) with the ICM Maltauro Group, an Italian conglomerate with interests in...

Muscat: Officials have warned against using the Sultanate Logo or the Royal Emblem without a licence, in an official statement issued on Tuesday. Khamis bin...

Muscat: Two of Oman’s cement producers—Raysut Cement Company and Oman Cement Company—have formed a new cement firm. The new joint venture company,...

Hong Kong: Oman is seeking a $3.6 billion five-year bullet term loan from Chinese banks, banking sources said. Oman’s finance ministry is self-arranging...

Muscat: The market sentiment remained negative in the local market with the MSM30 Index declining by 0.32 per cent to close at 5,423.26 points. The MSM...

Muscat: A delegation from State Council, comprising of several honorable members of the Bureau and employees on Monday visited the National Museum of Oman,...

Kuala Lumpur: Saudi Arabia's oil minister said on Monday that oil producers would "do whatever it takes" to rebalance the market and that he...

Beijing: A Chinese government campaign to cut leverage in the banking system and limit some risky activities appears to be working, but it is also pushing...

London: Strategists at JPMorgan on Monday downgraded European capital goods and chemical sectors, two sectors closely geared to an economic recovery, and...

Washington: India's growth is expected to rebound to 7.2 per cent in the 2017-18 fiscal and 7.7 per cent in 2018-19 after disruptions caused by...