Business

Muscat: Due to buying activity in large capitalised shares, Oman’s benchmark MSM30 Index gained 0.32 per cent to close at 4,982.30 points. The MSM Sharia...

London: Glencore increased its full-year marketing guidance for earnings before interest and tax (EBIT) to between $2.6 billion and $2.8 billion, reflecting...

London: To hear some economists talk, the Bank of England (BoE) is about to make a big mistake — raise interest rates just as the economy heads into what...

Shanghai: Shanghai stocks posted their biggest one-day slide in 11 weeks on Monday, dented by expectations of a new wave of initial public offerings and a...

Muscat: Petroleum Development Oman (PDO) has been supplied with the first “Made in Oman” electric submersible pump (ESP) system for its oil operations...

Harare: Economic growth is expected to rise to 3.4 per cent in sub-Saharan Africa next year from 2.6 per cent in 2017, the IMF said in a report on Monday,...

Muscat: Oman's average inflation for the first nine months of 2017 stood at 1.65 per cent, mainly driven by a substantial increase in tobacco prices and...

Muscat: Oman’s benchmark MSM30 Index ended on a stable note at 4,966.65 points, up 0.16 per cent. The MSM Sharia Index gained 0.29 per cent to close at...

Muscat: Bank Sohar’s net profit grew by 46.60 per cent to OMR18.98 million for the first nine months ended September 30, 2017 against OMR12.94 million...

Muscat: A cooperation agreement was signed between the Public Authority for the Development of Small and Medium Enterprises (Riyada) and Fund for...