Business

Muscat: The Oman Electricity Transmission Company (OETC) plans to investOMR300 million over a three-year period for building new transmission lines for...

Muscat: Islamic financial institutions in the Sultanate are expected to achieve a healthy growth in the banking sector in the near future, said the chief...

Muscat: An audit company on Tuesday welcomed the regulatory restriction in providing non-audit services to their clients. However, the firm has requested...

Dubai: Investcorp Bank, the Gulf’s largest private investor in the United States real estate over the past 10 years, plans to step up property investments...

Duqm (Oman): On a stretch of barren coast 550km (345 miles) south of the capital Muscat, workers at a ship repair yard swarm over cargo vessels from around...

Dubai: Emirates NBD reported first-quarter profit that missed analyst estimates as a rise in lending income and a drop in provisions at Dubai’s biggest...

Dubai: Emaar Properties implemented ‘severe cost cuts’ as the developer of the world’s tallest tower responded to weakening Dubai housing market last...

Muscat: Driven by sharp rebound in banking stocks, the MSM30 Index posted a gain of 0.87 per cent to close at 5,709.03 points. The MSM Sharia Index ended at...

Muscat: Royal Oman Police has arrested 155 expatriates from different nationalities on charges of obscene acts in public places, the authority said in a...

Muscat: Oman's Producer Price Index (PPI)-based inflation eased by 23.3 per cent in the fourth quarter of 2015 compared to the same quarter of 2014,...