Business

Muscat: Muscat Electricity Distribution Company (MEDC), a member of Nama Group (Electricity Holding Company), has raised its capital base to OMR72 million...

Muscat: Sultanate of Oman has the 13th fastest 4G LTE in the world, a recent report by Open Signal, a leading source of insight into the coverage and...

Muscat: Oman’s CPI based inflation registered an increase of 0.10 per cent in January compared to the previous month (December 2015) while it showed a...

Muscat: Ya'aqoub bin Shayekh Al Dhab'ouni, head of Oil Products Licences at the Ministry of Commerce and Industry said that the ministry is revising...

Muscat: Raysut Cement Company, the Sultanate’s biggest cement producer, said its net profit fell by 23.62 per cent to OMR20.95 million for 2015, against...

Muscat: India’s Blue Star and Oman’s W J Towell group have officially announced the formation of a joint venture — Blue Star Oman Electro-Mechanical...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Badr Group signed a memorandum of understanding (MoU) to facilitate Meethaq...

Muscat: His Majesty Sultan Qaboos bin Said will be leaving today for Germany for the periodic medical examinations, according to a statement of the Diwan of...

Seattle: Alibaba Group Holding bought 33 million shares of Groupon, making it the fourth-largest shareholder in the online deals website that has lost 86...

Muscat: Total traded value of real estate activity in the Sultanate of Oman reached OMR4.14 billion in 2015, representing a 43.7 per cent increase compared...