Business

Muscat: The MSM30 Index continued its negative run to close at 5,195.12 points with a loss of 0.49 per cent. The MSM Sharia Index ended at 770.12 point,...

Muscat: The planned privatisation of the state-owned Muscat Electricity Distribution Company (MEDC) is being reconsidered, officials at the parent Nama...

Muscat: The slowdown at Islamic banks in the Gulf Cooperation Council (GCC) will persist in 2017 after asset growth declined to 5.3 per cent in 2016 from...

Beijing: Putting up a strong defence of BRICS, Chinese President Xi Jinping said on Monday that the five-member bloc of emerging economies has not...

Shanghai: China stocks slipped on Tuesday amid lingering concerns over liquidity conditions, even as investors awaited a decision by US index provider MSCI...

London: Britain's biggest carmaker Jaguar Land Rover (JLR) will hire 5,000 staff as it boosts its skills in autonomous and electric technology, a...

London: Now is not the time to raise interest rates, Bank of England Governor Mark Carney said on Tuesday, warning of weak wage growth and a likely hit to...

Muscat: Boeing has raised its forecast for new airplane demand, projecting the need for 41,030 new airplanes over the next 20 years valued at $6.1 trillion...

Muscat: Ericsson has been awarded an extension of its Managed Services contract with Zain Iraq until 2021, after successfully providing Managed Services for...

Muscat: Boeing and Kuwait-based Alafco Aviation Lease and Finance Company (Alafco) announced a commitment for 20 737 MAX 8s at the 2017 Paris Airshow,...