Business

Muscat: A first-of-its-kind car manufacturing facility with a capital expenditure of $200 million is planned in Duqm through the establishment of an...

Muscat: Bank Muscat, the leading financial services provider in the Sultanate, has proposed a 30 per cent dividend payment to shareholders for the year...

Dubai: Abu Dhabi-based Etihad Rail has suspended the tender process for stage two of the project, which is due to take the line west to the UAE’s border...

Muscat: Dividend announcements in banking stocks lifted the MSM 30 Index to 4,953.98 points, up 0.40 per cent. The MSM Sharia Index closed at 799.59 points,...

Tokyo: Toyota stayed the world’s top-selling automaker for the fourth straight year and only company to deliver more than 10 million vehicles as...

Muscat: BankDhofar posted a net profit growth of 15.62 per cent in 2015 at OMR46.77 million as against OMR40.45 million in 2014. The full year net loans,...

Muscat: DME, the premier international energy futures and commodities exchange in the Middle East, on Wednesday achieved a new open interest record for its...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Mohamed Ould Abdel Aziz of Mauritania in reply to His Majesty's...

San Francisco: Apple forecast its first revenue drop in 13 years and reported the slowest-ever increase in iPhone shipments as the critical Chinese market...

From the words of His Majesty Sultan Qaboos bin Said.