Business

Muscat: Drivers found using road shoulders will be detained for 48 hours and then referred to the Public Prosecution for further legal action, the Royal...

MUSCAT: Oman lost $14 billion worth of revenues in 2015 compared to a year earlier due to low oil prices, official statistics show. The government produced...

Muscat: A strong small and medium enterprise (SME) sector can help a country in times of financial crisis and plays a key role in economic diversification,...

Muscat: As many as 843 industrial licences were issued in 2015 with a total investment of OMR9.31 billion compared to 754 licences in 2014 with a total...

Muscat: Ministry of Commerce and Industry will celebrate Oman Industry Day on Tuesday. This day is being celebrated every year on February 9 to mark the...

Muscat: GlassPoint Solar, makers of solar steam generators for the oil and gas industry, announced a strategic partnership with local Corporate Social...

Muscat: Hamptons International & Partners has promoted Salwa Al Shahaibi to the position of Leasing Manager in the Muscat – Oman office. This also comes a...

Muscat: Dubai’s residential sales across-the-board declined in 2015, with villa sales prices down year-on-year by 11 per cent and apartments by 8 per...

Muscat: Supported by local institutional buying, the MSM 30 Index advanced 1.11 per cent to close at 5,298.60 points. The MSM Sharia Index closed at 821.87...

Beijing: China’s foreign-exchange reserves shrank to the smallest since 2012, indicating that the central bank sold dollars as the yuan’s retreat to a...