Business

Sunday 01/January/2017 19:09 PM

Telecom shares dip due to royalty hike

Muscat: Shares of two telecommunication service providers in Oman have dropped on Sunday, after the government decided to raise royalty paid by these firms...

Sunday 01/January/2017 16:32 PM

Dip in telecom stocks pull down general index

Dip in telecom stocks pull down general index MUSCAT: Dragged down by telecom stocks, the MSM30 index ended lower at 5744.59 points, down by 0.66 per cent....

Sunday 01/January/2017 12:55 PM

Oman announces OMR11.7b budget expenditure

Muscat: Oman’s government on Sunday announced a budget expenditure of OMR11.7 billion and a total revenue of OMR8.7 billion for 2017, leaving a deficit of...