Business

Muscat: Oman’s commercial banks have been given a one-year extension to comply with a stipulation to provide a minimum of 5 per cent of their total...

Muscat: Oman Airports Management Company (OAMC) on Tuesday signed a memorandum of understanding (MoU) with DHL Express. Both companies have agreed to...

Muscat: Oman’s crude oil production marginally fell by 0.86 per cent to 31.37 million barrels in October this year, according to the monthly report...

Muscat: Buying support from local institutions in banking stocks lifted the MSM30 Index to 5,521.29 points, a gain of 0.47 per cent. The MSM Sharia Index...

Lagos: Nigeria’s economic slump deepened in the third quarter as oil production continued to fall and factory output was hit by a shortage of...

Frankfurt: Air Berlin is seeking a much-needed cash injection from investor Etihad Airways as the Gulf carrier draws up plans to buy a stake in the German...

Muscat: His Majesty Sultan Qaboos bin Said has received more cables of congratulations from a number of leaders of friendly countries and senior...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to President Pranab Mukherjee of the Republic of India for the victims of train...

Singapore: Oil surged for a third day on signs Organisation of Petroleum Exporting Countries (Opec) members have made progress toward finalising a deal to...

Geneva: Swiss Watch exports plunged 16 per cent in October, the biggest monthly drop in seven years, as demand weakened in almost every major market for...