Business

Muscat: Oman produced 27.16 million barrels of crude oil in February, equivalent to 970,000 barrels per day, according to a monthly report released by the...

Muscat: An Islamic bond issue to raise OMR23-30 million, which is the first tranche of Meethaq’s OMR100 million-sukuk programme, will be floated towards...

Muscat: Omani business group – Golden Group – plans to tap the market with a OMR200 million sukuk, or Islamic bond programme, according to a top-level...

Muscat: Investcorp’s portfolio company, NDT Corrosion Control Services Co. (NDT CCS), on Sunday announced the acquisition of a majority stake in Hi-Tech...

Muscat: Aggressive foreign selling in index heavyweights dragged down the MSM30 Index by 0.87 per cent to close at 5,741.21 points. This was the sharpest...

Muscat: Oman Telecommunications Company Omantel said that the majority state-owned telecommunication service provider has written off its entire investment...

Muscat: Gen. Sultan bin Mohammed Al Nu'amani, Minister of the Royal Office received in his office on Sunday Stuart E. Jones, US Acting Assistant...

Muscat: Yousuf bin Alawi bin Abdullah, Minister Responsible for Foreign Affairs received at the General Diwan of the ministry today Stuart E. Jones, US...

San Francisco: California relaxed several rules on self-driving cars as the state tries to maintain its status as a leading test bed for the future of...

Sydney: Billionaire Elon Musk just bet he can solve a looming energy crisis in Australia within 100 days by deploying Tesla technology to plug a supply gap...