Markets

Muscat: Stock markets in the Middle East and North Africa (Mena) region recorded gains during the first month of 2017, with nearly all markets closing the...

Kuwait City: Kuwait stocks, the world’s best performers this year, extended a rally to an eighteenth day, the longest winning streak in over a decade, as...

Muscat: Major listed companies on the Muscat Securities Market have announced dividend proposals, which are as follows. BankDhofar proposes cash dividend,...

Bidders for troubled air-bag maker Takata Corp. are leaning toward a court-mediated bankruptcy in Japan to shield them from liabilities, a move that the...

London: The Dollar surged to its highest levels in 14 years on Thursday, after the Federal Reserve hinted that U.S. interest rates could rise faster in 2017...

Muscat: Majority state-owned Oman Telecommunications Company (Omantel) on Thursday said that the group’s profit for the first nine months of 2016 grew by...

Paris: Misys, the UK financial-software maker owned by Vista Equity Partners, plans to sell about 500 million pounds ($635 million) of stock in an initial...

Muscat: Emphasising Octal’s pride in helping place Oman on the world map as a manufacturing and distribution hub, Nicholas Barakat, a top official of...

Seoul: Korea Development Bank, the main lender to Hanjin Shipping Co., offered a conditional credit line of 50 billion won ($45 million) to help ease...

London: Dubai-based online retailer Souq.com, known as the Amazon of the Middle East, is planning to sell a stake of about 30 per cent that would give the...