Business

Muscat: Majority of oil and gas companies expect the current oil price between $50 and $60 per barrel as an indicator of the new market equilibrium for the...

Muscat: Oman's central bank raised OMR72 million from treasury bill auction. The treasury bills has a maturity period of 28 days, from November 1 until...

Muscat: Al Mouj Muscat, Oman’s lifestyle destination, has signed an agreement with Alizz Islamic Bank to provide home financing solutions to potential...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to President Abdelaziz Bouteflika of the People's Democratic Republic of...

Muscat: Partial recovery in telecoms lifted the MSM30 Index to 5,010.66 points, up 0.57 per cent. The MSM Sharia Index gained 0.48 per cent to close at...

Frankfurt: Bank profits should be able to withstand ultra low euro zone interest rates for up to a decade, a research paper published by the European...

Washington: US consumer spending recorded its biggest increase in more than eight years in September, likely as households in Texas and Florida replaced...

London: The Bank of England (BoE) looks set to step into the unknown on Thursday, when it is expected to raise interest rates for the first time since 2007...

Oslo: The African Development Bank has called off a loan to Nigeria that would have helped fund the country's budget, instead redirecting the money to...

Beijing: Growth in China's manufacturing sector cooled more than expected in October in the face of tighter pollution rules that are forcing many steel...