Riyadh: Moody’s Investors Service changed its outlook for Saudi Arabia’s banks to negative from stable on the expectation that bad loans will rise over...
Cairo: Egypt’s central bank governor Tarek Amer is stepping up the war on the black market for dollars, seeking to build confidence in the Egyptian pound...
Muscat: Share prices on the Muscat Securities Market recovered on better support at lower levels. The MSM30 ended higher at 5,308.10 points, up by 0.23 per...
Muscat: Oman’s central bank said that the country is still committed to peg the rial to the United States dollar and the value of the currency in the...
Doha: Oil producers from Organisation of Petroleum Exporting Countries (Opec) and beyond are finalising a plan to discuss freezing output at a meeting in...
Muscat: Around 28 families had to be evacuated after a fire broke out in a residential building at Honda Road in Ruwi early morning on Wednesday, residents...
Muscat: The Sultanate, represented by the Ministry of Commerce and Industry, has won a case filed against the export of polyethylene terephthalate product...
Muscat: Water rates for government, commercial and industrial consumption have been raised with effect from March, the Public Authority for Electricity and...