Business

Muscat: Oman Telecommunications Company (Omantel) is interconnecting two sub-sea cable systems to deliver ultra-low latency networking between Asia and...

Muscat: Oman UAE Exchange is in the process of offering real time bank account credit facility to any bank in India, Bangladesh and Pakistan. Currently the...

London: BP reported a 49 per cent decline in third-quarter earnings after crude prices fell and refining margins shrank. Profit adjusted for one-time items...

Muscat: An e-training programme for the civil service sector was launched by Sheikh Khalid bin Omar Al Marhoon, Minister of Civil Service yesterday. The...

Muscat: Oman has floated a pre-qualification tender to build an independent power project (IPP) with a generation capacity of 750-850 megawatt in Misfah –...

Muscat: Oman’s State General Reserve Fund (SGRF) has signed an agreement to acquire a 32.2 per cent stake in Spain-based...

Muscat: As part of its commitment to support Sultanate’s nationalisation plan and offer opportunities to Omani small and medium enterprises (SMEs), Orpic...

Muscat: Market sentiments remained muted with the MSM30 Index closing on a flat note at 5,481.44 points, edging down by 0.05 per cent. The MSM Sharia Index...

Tokyo: Japan’s three biggest shippers agreed to combine their container operations to create the world’s sixth-largest box carrier, as the industry...

Singapore: General Electric (GE) is nearing a deal valued at about $30 billion to combine its oil and gas business with Baker Hughes, the Wall Street...