Business

Muscat: Majlis Al Shura’s panel on economy yesterday discussed the budget for the coming year among other things. The Economic and Financial Committee at...

Muscat: Oman’s central bank plans to float OMR150 million worth of government development bonds towards the end of the year for raising funds to repay a...

Muscat: A new global accounting standard – International Financial Reporting Standard (IFRS 9) – will be made compulsory for all financial institutions...

Muscat: Middle East is expected to lead passenger growth in the world during the next two decades. About 258 million additional passengers are estimated to...

Muscat: A marginal recovery witnessed on the Muscat Securities Market, after a major slide on Monday. The MSM30 Index remained stable with improved market...

New Delhi: Prime Minister Narendra Modi’s government is planning a Rs210 billion ($3.1 billion) package of state aid for India’s solar panel...

London: When the bosses of the world’s biggest oil companies were scheduled to gather in London on Tuesday, they might have the urge to track down the...

Muscat: A new project to produce woven sacks in Salalah is in the final stages of commissioning. Salalah International Plastic Industries (SIPI) will have a...

London: British luxury fashion label Burberry reported a better-than-expected rise in second-quarter retail sales after tourists flocked to its London...

Michigan: Ford Motor is temporarily halting one of two plants that builds the top-selling F-150 pickup as it idles four factories this month amid slowing...