Business

Monday 08/January/2018 17:36 PM

Oman’s inflation rises marginally

Muscat: The inflation rate in the Sultanate increased by 1.7 per cent in December 2017, compared with the same period in 2016, according to the latest data...

Monday 08/January/2018 16:52 PM

Oman shares end lower in subdued trading

Muscat: Trading activity remained subdued with the benchmark MSM30 Index ending the session at 5,107.97 points, down 0.22 per cent. The MSM Sharia Index...

Monday 08/January/2018 15:30 PM

Salalah Port’s profit falls to OMR5.23m

Muscat: Salalah Port Services has posted an 8.6 per cent fall in net profit at OMR5.23 million for 2017, against OMR5.73 million posted for the previous...

Monday 08/January/2018 12:14 PM

Global sukuk issues jump 45% to reach $97.9b

Muscat: Global sukuk issuance in 2017 increased by 45.3 per cent, reaching $97.9 billion, up from $67.4 billion in 2016, underpinned primarily by the jumbo...

Monday 08/January/2018 11:55 AM

Arcapita acquires leading US firm for $100m

Muscat: Arcapita, the global investment firm, announced that is has acquired a controlling interest in MC Sign Company, the leading nationwide provider of...