Business

Dubai: Saudi Arabia is repaying debts to contractors after long delays that squeezed company finances and hurt investor sentiment, according to three people...

Muscat: Oman’s bourse needs market-makers to develop an active secondary market for debt instruments, said a top-level official at the Capital Market...

Dubai: Pace of Saudi Arabia’s austerity drive will likely ease in 2017, a senior International Monetary Fund (IMF) official said, helping the kingdom’s...

Muscat: Musandam Power Company’s (MPC) gas-fired 120 megawatt power project, which is first such plant in Musandam, will start commercial operation by...

Riyadh: Saudi Arabia is planning to raise as much as $17.5 billion in the biggest bond sale ever from an emerging-market nation, according to two people...

Muscat: Despite low volume, gains in banking stocks drove the MSM 30 Index to 5,592.88 points, up 0.17 per cent. However, the MSM Shariah Index ended at...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Pranab Mukherjee of the Republic of India in reply to His...

Beijing: China's economy expanded at a steady 6.7 per cent in the third quarter and looks set to hit Beijing's full-year target, fueled by stronger...

Muscat: Oman’s strategic economic plan and the priority areas for investment through public-private-partnership will be outlined by Dr Ali Al Sunaidy, the...

Muscat: Oman Oil Refineries and Petroleum Industries Company (Orpic) has officially announced the appointment of its chief executive officer (CEO) from...