Business

Muscat: Al Hadeetha Resources, a 70:30 joint venture between the Australia-based Alara Resources and Al Hadeetha Investment Services, plans to start...

Muscat: Oman Refineries and Petrochemicals Company (Orpic) underwent a formal integration of its four plants (Sohar Refinery, Mina Al Fahal Refinery,...

Muscat: Trading activity remained tepid and the MSM30 Index closed at 5,838.87 points, down by 0.15 per cent. The MSM Sharia Index remained unchanged at...

Muscat: Two people have been admitted to hospital with breathing uneasiness as a fire broke out in an apartment building in Al Khoud, Public Authority for...

Muscat: A tender of Government Treasury Bills, issue number 445, was held at the Central Bank of Oman (CBO) this week. The total value of the allotted...

Dubai: Iran plans to set up a financial centre on the free zone at Qeshm island as it seeks to attract financial institutions to a market of 80 million...

Beijing: China needs to implement reforms with more urgency as the economy faces growing vulnerabilities and there are fewer buffers to deal with any...

Muscat: Export Credit Guarantee Agency (ECGA) of Oman on Tuesday compensated a claim of Oman Ceramics Co. at the agency's headquarters at the Airport...

New Delhi: Indian asset-reconstruction companies (ARCs), a key component in the nation’s fight against banks’ bad loans, lack the capital to make a big...

London: The global oil market will be almost balanced next year as demand continues to rise faster than production, while the current oversupply is much...