Business

Muscat: A Chinese group, which is planning to build a second major refinery in Duqm, is trying to negotiate with the oil and gas ministries of Oman and some...

Muscat: Oman’s central bank on Tuesday floated a tender for Treasury Bills to raise OMR35 million. The Treasury Bills have a maturity period of 91 days,...

Muscat: The MSM30 Index continued its brief recovery to close at 4,972.30 points, up 0.58 per cent. The MSM Sharia Index ended at 734.10 points, up 0.27 per...

Shanghai: China stocks ended higher as a unit of China Unicom surged by the daily limit for a second day, and as financial and materials firms also...

Dubai: Dubai International Airport, the world's busiest for international traffic, handled a record number of monthly passengers in July even as the...

London: Ford on Tuesday became the latest carmaker to launch a car scrappage scheme in Britain, joining the likes of BMW and Mercedes-Benz, after months of...

Shanghai/Washington: A direct overture by Chinese automaker Great Wall Motor to Italian-American automaker Fiat Chrysler Automobiles (FCA) sent FCA shares...

London: Oil prices rose on Tuesday, lifted by indications that supply is gradually tightening, especially in the United States. Brent crude oil was up 40...

Tokyo: Asian shares rose on Tuesday after modest gains on Wall Street, while robust metals prices underpinned some regional markets even as investors...

Muscat: Voltamp Oman Transformer Company, a subsidiary of Voltamp Energy, has been awarded two contracts for the supply of power transformers to the Qatar...