Business

Munich/Paris: German industrial group Siemens and French rival Alstom agreed to merge their rail operations, creating a European champion to better...

London: Britain said it was disappointed with a US decision to slap preliminary anti-subsidy duties on Bombardier's CSeries jets which has put around...

Shanghai: Chinese stocks held steady on Wednesday, bolstered by strong gains in resources shares after upbeat industrial profit data and a robust earnings...

Muscat: Oman Brunei Investment Company (OBIC) has successfully closed a deal with German Operating Aircraft Leasing GmbH & Co. KG (GOAL), one of Germany’s...

Muscat: An official session of talks was held at the Council of Ministers headquarters in Muscat on Tuesday between the Sultanate and the Federal Democratic...

Muscat: Bank Sohar’s OMR100 million bond issue, which closed subscription recently, was oversubscribed. The bank had offered up to 100,000 perpetual bond,...

Muscat: Fertiliser production capacity in the Gulf Cooperation Council (GCC) region has reached 42.3 million tonnes per annum in 2017, rising by 12 per cent...

Muscat: Oman’s central bank raised OMR60 million from treasury bills. The treasury bills were for a maturity period of 182 days, from September 27 to...

Muscat: BP Oman plans to drill 100 wells in the second phase of block 61 tight gas development, a senior official of the company said. The company will make...

Muscat: Profit taking on select stocks weighed on the MSM30 Index, which closed at 5,114.12 points, down 0.30 per cent. The MSM Sharia Index closed at...