Business

Muscat: Local trading dominated Sunday’s trading session with investors reacting to results announcements. The MSM30 Index closed at 5,744.05 points, down...

Dubai: Kuwait’s main stock gauge, the Middle East’s best performer this year, rose for an eighth day, while shares in the United Arab Emirates fell as...

Muscat: Raysut Cement, the largest cement producer in Oman, has reported a 1.02 per cent growth in net profitsof OMR21.17 million for 2016, against OMR20.95...

Muscat: Oman Society for Petroleum Services (Opal) and Tracez Training Services Oman have signed a memorandum of understanding (MoU) to deliver the...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the...

Jakarta: Indonesia will exceed its coal production target for another year as miners cash in after prices recovered from a five-year collapse. The world’s...

Muscat: BankDhofar said that its consolidated net profit grew by 1.83 per cent to OMR47.62 million for 2016, from OMR46.76 million for the previous...

Beijing: Chinese President Xi Jinping was on Sunday headed for Switzerland to attend the World Economic Forum in Davos where he is expected to make a strong...

London: UK Prime Minister Theresa May will next week signal plans for a "hard Brexit’’ by saying she’s willing to quit the European Union’s...

Muscat: Bank Muscat, the leading financial institution in the Sultanate, posted a net profit of OMR176.56 million for 2016 compared to OMR175.45 million...