Muscat: Value of merger and acquisitions (M&A) with Middle Eastern involvement reached $56.2 billion in 2015, a growth of 13 per cent compared to 2014, thus...
Muscat: Saudi Arabia’s ACWA Power, which has presence in Oman in the form of independent power projects, has signed a 25-year power purchase agreement...
Muscat: Oman’s government on Monday signed a $1 billion loan agreement with 11 international banks, including two regional banks, to partly fund an OMR3.3...
Dubai: Brent oil dipped below $28 a barrel as it extended declines after international sanctions on Iran were lifted, paving the way for increased exports...
Singapore: Unilever's Indian unit is looking less like a consumer goods empire and more like a faltering commodities business. The multinational's...
Muscat: Shares on the Muscat Securities Market (MSM) partially recovered on Monday, after a major slump of 3.21 per cent on the previous day. The MSM 30...
Tokyo: Asian shares slid to their lowest levels since 2011 on Monday after weak US economic data and a massive fall in oil prices stoked further worries...
Muscat: Oman’s peace-loving nature and the wisdom of His Majesty Sultan Qaboos bin Said are manifested in the Iran nuclear deal, the Iranian ambassador to...