Business

Monday 03/February/2020 17:12 PM

Oman’s budget deficit falls by 1%

Muscat: The Sultanate’s budget deficit fell 1 per cent to OMR1,896.8 million till the end of November 2019. The budget deficit for the same period of 2018...

Monday 03/February/2020 17:09 PM

DAE signs new $300 million 5-year dual tranche loan

Dubai: Dubai Aerospace Enterprise (DAE) Ltd. announced that it has signed a US$300 million 5-year dual-tranche unsecured term financing facility with...

Sunday 02/February/2020 17:33 PM

OMR12 million Radisson Hotel Apartments to come up in Ghala

Muscat: People in Oman, as well as those who live overseas, who are looking to invest in a new holiday home, will soon be able to invest in the new Radisson...

Sunday 02/February/2020 17:31 PM

Oman’s GDP falls 2.6% by end of September 2019

Muscat: The Sultanate's Gross Domestic Product (GDP) fell by 2.6 per cent, reaching OMR21.64 billion at current market prices by the end of September...

Sunday 02/February/2020 17:29 PM

Oman's share index closes marginally higher

The MSM30 index closed at 4,092.72 points, up 0.33 per cent. The Sharia Index closed up 0.10 per cent at 557.13 points. Gulf International, 4.81 per cent,...

Sunday 02/February/2020 15:54 PM

Imported products go through inspection in Oman

Muscat: According to the Ministry of Commerce and Industry any product imported to the Sultanate will go through an assessment procedure by a set of...

Saturday 01/February/2020 19:08 PM

Ignore suspicious calls and fake social media messages, says ROP

Muscat: Locals and expats who’ve received suspicious calls or text messages, or seen social media posts that tell them they’ve won a grand prize, or...

Saturday 01/February/2020 19:04 PM

Pak embassy hosts condolence prayers for late HM Sultan Qaboos

Muscat: Mourning the death of the late His Majesty Sultan Qaboos bin Said bin Taimour, the Embassy of Pakistan in Oman held a prayer meeting to offer...

Saturday 01/February/2020 17:29 PM

Fixed phone numbers up by 5.7% in December

Muscat: Total fixed telephone lines rose by 5.7 per cent to 592,196 by the end of December 2019, from 560,326 subscribers until the end of December 2018,...

Saturday 01/February/2020 17:26 PM

Total deposits in Oman reach OMR23.2 billion

Muscat: The total outstanding credit extended by other depository corporations stood at OMR25.8 billion at the end of November 2019, a rise of 3.0 per cent...