Business

Muscat: Omani banks, including Islamic institutions, have achieved a year-on-year growth of 8.1 per cent in credit at OMR22.2 billion by the end of February...

Muscat: An increase in corporate income tax to 15 per cent, from 12 per cent has started hitting the net earnings of companies in the first quarter of this...

Muscat: Asia Express Exchange, one of the leading money exchange and remittance firms in Oman, opened its thirty-first branch at the Lulu Hypermarket in...

Muscat: Listed firms on the Muscat Securities Market have announced that they will distribute OMR417.6 million worth of dividend to their shareholders. The...

Muscat: Oman Telecommunications Company (Omantel), the Sultanate’s leading provider of integrated telecommunication services, announced the launch of...

London: Gold eased back from the previous day's five-month high on Friday, but stayed on track for its strongest week since June as concerns over North...

Tokyo: Japan's Suzuki Motor Corporation has joined hands with Toshiba Corporation and Denso to set up a plant in India to produce lithium ion batteries,...

London/Kiev: Ukraine could miss out on energy sector funding from China worth up to $3.65 billion because squabbles between ministries and the state-run...

Tokyo: Naruhito Nogami, a 37-year-old systems engineer in Tokyo, drives to discount stores on weekends to bulk buy cheap groceries, even though he earns...

Washington: US retail sales fell for a second straight month in March and consumer prices dropped for the first time in just over a year, underscoring the...