Business

Muscat: Oman’s banking regulator has relaxed specific provisions for restructured loans, in a move to ease the flow of credit to productive sectors. The...

Muscat: A workshop on capital planning and liquidity under Basel III organised by Central Bank of Oman and the Union of Arab Banks (UAB) was inaugurated at...

Muscat: Manufacturing industries in Oman needs to bring down its cost of production by adopting automation in order to develop the industrial sector in the...

Baghdad: Iraq, Organisation of Petroleum Exporting Countries’ (Opec) second-biggest producer, will offer proposals this month to help the producer group...

Muscat: Jotun Paints in Oman can now produce double its capacity with the inauguration of new state-of-the-art facility in Rusayl Industrial Estate to mark...

Muscat: Majority state-owned Oman Telecommunications Company (Omantel) has signed a memorandum of understanding (MoU) with HCL Infosystems, India’s...

Muscat: Foreign selling in banking stocks weighed on the MSM30 Index, which declined by 0.46 per cent to end at 5,495.51 points. The MSM Sharia Index ended...

Muscat: Assigned by His Majesty Sultan Qaboos bin Said, Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council arrived in Malabo in Equatorial...

Muscat: Majlis Al Shura referred the 2017 budget plans to the State Council as per the state statute on Monday. The State Council now has 15 days to review...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President General Michel Aoun of the Lebanese Republic on the occasion of...