Business

Saturday 25/February/2017 12:20 PM

Bank Muscat raising $500m syndicated loan

Dubai: Bank Muscat, Oman’s largest bank by assets, is raising $500 million through a syndicated loan, banking sources familiar with the situation...

Saturday 25/February/2017 12:00 PM

Omani firms announce better dividends

Muscat: Oman’s listed companies have announced better cash dividends and bonus shares to the shareholders, thanks to better performance of the corporate...

Thursday 23/February/2017 16:18 PM

Oman oil price rises 30 cents

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (April delivery) reached 55.66 US dollars. The DME statement on Thursday said that the...

Thursday 23/February/2017 16:14 PM

Muscat Securities Market loses 17 points

Muscat: Muscat Securities Market (MSM) general index (30) on Thursday lost (17.9) points, comprising a decline by (0.31%) to close at (5849.52) points,...

Thursday 23/February/2017 15:50 PM

His Majesty congratulates Estonian president

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Kersti Kaljulaid of the Republic of Estonia on the occasion of...