Business

Mumbai: Essar Group, controlled by India’s tycoon Ruia brothers, is nearing a final agreement to sell control of its refinery unit to Russian energy giant...

Berlin: German industrial production rose more than expected in August, posting its biggest increase since January and signalling that the sector will...

Paris: Misys, the UK financial-software maker owned by Vista Equity Partners, plans to sell about 500 million pounds ($635 million) of stock in an initial...

Mumbai: India’s banking system is among those most vulnerable to profit declines as loan growth slows and soured debt rises, the International Monetary...

Mexico City: Oil ministers from Opec and non-Opec producers are set to meet next week in Istanbul for talks on how to implement last month’s decision to...

Muscat: Projects worth OMR11,495,043 were awarded by the Tender Board yesterday at its 8th meeting for 2016 under the chairmanship of Dr. Rasheed bin Al...

Muscat: The Sultanate, represented by the Central Bank of Oman (CBO) will take part in the annual meetings of the World Bank and International Monetary...

Muscat: Major Omani firms that constitute MSM 30 Index are expected to post a growth in both net earnings and revenue for the first nine months of 2016,...

Chicago: An agreement among Organisation of Petroleum Exporting Countries (Opec) and non-Opec states to limit oil production could slash global supply by...

Muscat: MUSCAT: Attractive investment opportunities are available for the private sector, who can participate in the development of a major commercial...