Business

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: “We have enough water capacity to meet the demand this year,” the PAEW Chairman Mohammed bin Abdullah al Mahrouqi has promised. Read also:...

From the words of His Majesty Sultan Qaboos bin Said.

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...