Business

MUSCAT: Oman’s Budget 2017 is tackling falling oil prices head on with a plan to put the country on the right path. With more austerity, cuts and the...

Muscat: Privatisation of Muscat Electricity Distribution (MEDC) will be completed in the first half of 2017, according to the Ministry of Finance. The...

Muscat: Oman government expects the country’s economy to grow by 2 per cent in 2017, mainly driven by a recovery in crude oil prices, according to the...

Muscat: Shares of two telecommunication service providers in Oman have dropped on Sunday, after the government decided to raise royalty paid by these firms...

Muscat: Dragged down by telecom stocks, the MSM30 index ended lower at 5744.59 points, down by 0.66 per cent. The MSM Sharia Index fell by 0.45 per cent to...

Dip in telecom stocks pull down general index MUSCAT: Dragged down by telecom stocks, the MSM30 index ended lower at 5744.59 points, down by 0.66 per cent....

Beijing: China’s official factory gauge stabilised near a post-2012 high in December, capping a year of steady improvement and signaling policy makers...

New YorK: As oil prices stabilise and confidence returns to the patch, there’s been an uptick in oil and gas companies filing to go public. With prized...

Hong Kong: Huawei Technologies pledged to overhaul its culture and re-think the way it conducts business, expecting global uncertainty to mount in 2017...

Muscat: Oman’s government on Sunday announced a budget expenditure of OMR11.7 billion and a total revenue of OMR8.7 billion for 2017, leaving a deficit of...