Business

Muscat: Al Mazyunah Free Zone has attracted 160 companies, which resulted in heavy investment. “This growth comes as a result of several factors and...

Muscat: The Sultanate’s state-owned Oman Power and Water Procurement Company (OPWP) has floated a tender for seeking a consultant for conducting a...

Muscat: Oman's central bank raised OMR62 million by way of treasury bills. The maturity period of the treasury bills is 91 days between January 17 and...

Dubai: Bank Sohar is raising a $300 million, three-year syndicated loan with a margin of 2 per cent a year over the London interbank offered rate (Libor),...

Beijing: China's non-financial outbound direct investment in 2017 fell 29.4 per cent year-on-year to $120.08 billion, the commerce ministry said on...

Detroit: Global automakers on Monday urged the Trump administration not to terminate the North American Free Trade Agreement and expressed hope the United...

Detroit: Fiat Chrysler Automobiles NV's (FCA) has no intention of breaking up the company or selling individual brands to China or other parties, the...

Tokyo: Asian shares erased early modest losses and pushed to a fresh record high, while the euro remained within sight of a three-year peak on rising...

Muscat: Oman Telecommunications Company (Omantel), the largest telecom firm in the Sultanate, said that the company is currently not in a position to...

Muscat: National Bank of Oman (NBO) said that its net profit for 2017 stood at OMR44 million, down from OMR55.8 million posted in the previous year. The...