Business

Muscat: Oman Telecommunications Company (Omantel) has agreed to acquire a minority stake in Kuwait’s Zain group for OMR325.6 million. Omantel, the...

Dubai: HSBC is planning to add staff to its Saudi Arabian operations as the Kingdom embarks on one of the biggest economic transformations attempted by any...

Washington: US job openings jumped to a record high in June, outpacing hiring, the latest indication that companies are having trouble finding qualified...

Muscat: Oman’s 326 megawatt (MW)-capacity Wadi Al Jissi and 405 MW-capacity Ghubra independent power projects will be decommissioned next year. The...

Muscat: Shares on the Muscat bourse reacted on selling pressure. The MSM30 Index fell by 0.23 per cent to close at 4994.34 points. The MSM Sharia Index was...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Lenin Moreno of the Republic of Ecuador on the occasion of his...

Muscat: Oman Oil Refineries and Petroleum Industries Company (Orpic) was felicitated with five top awards at the eighth Asia’s Best Employer Brand Awards...

Cairo: Egypt's budget deficit for the fiscal year 2016/2017 that ended in June stood at 10.9 per cent compared to 12.5 per cent for the previous year, a...

Almyetyevsk (Russia): A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with...

Washington: US job openings jumped to a record high in June, outpacing hiring, the latest indication that companies are having trouble finding qualified...