Business

Muscat: Raysut Cement Company, the Sultanate’s biggest cement producer, said its net profit fell by 23.62 per cent to OMR20.95 million for 2015, against...

Muscat: India’s Blue Star and Oman’s W J Towell group have officially announced the formation of a joint venture — Blue Star Oman Electro-Mechanical...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Badr Group signed a memorandum of understanding (MoU) to facilitate Meethaq...

Muscat: His Majesty Sultan Qaboos bin Said will be leaving today for Germany for the periodic medical examinations, according to a statement of the Diwan of...

Seattle: Alibaba Group Holding bought 33 million shares of Groupon, making it the fourth-largest shareholder in the online deals website that has lost 86...

Muscat: Total traded value of real estate activity in the Sultanate of Oman reached OMR4.14 billion in 2015, representing a 43.7 per cent increase compared...

Muscat: Eight Indian sailors were rescued from their sinking dhow near the Seeb sea coast in Oman by the Royal Oman Police (ROP), which tweeted about the...

Munich: Russia and the US agreed on Friday during a six-hour long meeting on the cessation of hostilities ‘within a week’ in Syria to revitalise the...

MUSCAT: There is an urgent need to teach Arabic in a more creative way to arrest the waning interest of younger Omanis in their native language. The younger...

Muscat: Ratings agency Standard & Poor's (S&P) said on Thursday that Gulf sovereigns, as well as the region's banks will have fewer resources at...