Business

Muscat: With Oman introducing major economic reforms to make up for a huge budget deficit, the small and medium enterprises are also feeling the...

Washington: United States consumer spending regained momentum in January as households ramped up purchases of a variety of goods, in a hopeful sign that...

Muscat: Oman’s plan to borrow a higher amount from markets abroad indicates that government expenditure will be maintained to support economic growth this...

Muscat: Muscat Electricity Distribution Company (MEDC), a member of Nama Group (Electricity Holding Company), has raised its capital base to OMR72 million...

Muscat: Sultanate of Oman has the 13th fastest 4G LTE in the world, a recent report by Open Signal, a leading source of insight into the coverage and...

Muscat: Oman’s CPI based inflation registered an increase of 0.10 per cent in January compared to the previous month (December 2015) while it showed a...

Muscat: Ya'aqoub bin Shayekh Al Dhab'ouni, head of Oil Products Licences at the Ministry of Commerce and Industry said that the ministry is revising...

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...