Business

Frankfurt: European Central Bank (ECB) is coming to terms with the idea that its near-2 per cent inflation goal won't be materialising anytime...

Hong Kong: Samsung Electronics warned of rising competition across businesses from smartphones to memory chips, again sounding a dour note for the global...

Muscat: Assigned by His Majesty Sultan Qaboos bin Said, Sayyid Badr bin Saud bin Harib Al Busaidi, Minister Responsible for Defence Affairs and his...

Muscat: Citizens receiving social benefits and whose children are employed should not have their benefits cut, said Hamood bin Ahmed Al Yahyai, head of the...

Muscat: State-owned Oman Shipping Company (OSC) is planning to start a container feeder service connecting Salalah, Duqm, Sohar and Jebel Ali ports next...

Muscat: Electricity generated in Oman reached 14 gigawatts per hour last year, said Eng. Hamad Al Maghdari, chief executive officer of the Rural Areas...

Muscat: Ooredoo has completed the first wave of new 4G/LTE 800 coverage in Muscat and along the Al Batinah coast. Now, between Muttrah and Liwa, more than...

Muscat: Oman Arab Bank (OAB) said the bank posted a net profit of OMR29.01 million for 2015 compared to OMR28.40 million reported in 2014. The bank...

Muscat: In a dull market, the MSM 30 Index continued its downtrend to close at 5,342.29 points, a fall of 0.39 per cent. The MSM Shariah Index also...

Beirut: Standard Chartered is in talks with Iraq’s Finance Ministry to take part in a $2 billion bond sale this year after Organisation of Petroleum...