Economy

Muscat: In recognition of the importance of SMEs to the growth of the economy, Oman Arab Bank (OAB) recently conducted a visit to Dhakliya region to visit...

Muscat: The Sultanate’s production of crude oil and condensates in November 2018 amounted to 30.03 million, with a daily average of 1.14 million barrels,...

Muscat: A review of the activities of conventional banks showed that their total assets stood at OMR29.1 billion in September 2018, increasing by 4.3 per...

Muscat: Sohar Aluminium (SA) recently announced the appointment of Agnello Borim as Chief Operating Officer (COO). In his new capacity, he will be leading...

Washington: US President Donald Trump thanked Apple chief Tim Cook on Friday after the tech giant unveiled plans for a $1 billion campus in Texas that is...

Mexico City: Investors rejected a new, sweetened offer from the Mexican government on Wednesday to buy back their bonds from a cancelled airport project,...

Muscat: Oman is aiming to make manufacturing a future engine of growth, according to a senior official at the Ministry of Commerce and...

Salalah: Salalah Free Zone signed a usufruct (land lease) agreement for setting up a factory for soft drinks and juices ' Zamzam Cola', whose...

Muscat: A memorandum of understanding (MoU) was signed between Jusoor and Tecnimont Oman, EPC contractor of the Liwa Plastics Industries Complex Project –...

Muscat: With an aim to create a platform for communication between the various banks operating in the Sultanate, Oman Banks Association (OBA) organised a...