Business

Muscat: Dubai Mercantile Exchange (DME) on Wednesday said that Oman Crude breached a 12-month high of over $50 per barrel, as oil markets maintained the...

Muscat: Bank Muscat, the leading financial institution in the Sultanate, posted a net profit of OMR136.91 million for the nine months ended September, 2016...

Muscat: International law firm CMS, operating in Oman, in exclusive cooperation with Amur Al Rashdi and Benjamin Ewing Advocates and Legal Consultants,...

Seoul: Samsung Electronics cut its third-quarter operating profit by $2.3 billion after ending production of its fire-prone Galaxy Note 7 smartphones, the...

Muscat: Amid dull trading activity, the MSM 30 Index ended the session at 5,680.15 points, down by 0.41 per cent. The MSM Sharia Index declined by 0.52 per...

Muscat: Electricity subsidy available for large consumers, mainly government, commercial and industrial users, will be cut and a higher revised tariff...

Muscat: Oman’s Public Authority for Consumer Protection has received over 58,000 complaints ever since it was established in 2011. As per reports by the...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Park Geun-hye of the Republic of Korea in reply to His...

Muscat: His Majesty Sultan Qaboos bin Said yesterday issued two Royal Decrees as follows: Royal Decree No. 46/2016 on ratifying the Memorandum of...

Muscat: Occidental of Oman (Oxy Oman) and Petroleum Development Oman (PDO), in alignment with Sultan Qaboos University (SQU) and The Research Council, are...