Business

Muscat:Oman’s peak average annual growth in power demand for the next seven years within the areas of main inter-connected system (MIS) is projected to be...

Muscat: Profit booking and foreign institutional selling led to the MSM30 Index closing at 5,839.28 points, down by 0.08 per cent. The MSM Sharia Index...

Muscat: Foundation stone for constructing a hotel in Al Mazyunah was laid by Dr. Ali bin Masoud Al Sunaidi, Minister of Commerce and Industry on...

Muscat:Oman’s central bank has issued treasury bills worth OMR901 million this year through a tender. The treasury bills were issued for a maturity period...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Juan Manuel Santos of the Republic of Colombia on the occasion...

Singapore: Asia is embracing bullet trains like never before. Singapore and Malaysia signed an agreement on Tuesday that will bring a high-speed rail link...

Ankara: Turkey’s central bank will likely slow the pace of interest rate cuts when it meets after the failed coup attempt triggered a sell-off in the...

Muscat: Oman’s average daily crude oil production crossed one million barrel-mark in June this year, according to the Ministry of Oil and Gas. The...

Stockholm: Ericsson will accelerate cost cuts after posting sales that missed analysts’ estimates, as Chief Executive Officer Hans Vestberg battles waning...

Mumbai: State Bank of India (SBI) and Indian Overseas Bank (IOB) are among 13 state-owned Indian lenders that will receive a total of Rs229.2 billion ($3.4...