Business

Ashgabat: Assigned by His Majesty Sultan Qaboos bin Said, Dr. Ahmed bin Mohammed bin Salim Al Futaisi, Minister of Transport and Communications chaired the...

Muscat: The Sultanate’s gross electricity production surged 4.4 per cent by the end of September 2016 to 26,613.3 GW/H as against last year’s output of...

Muscat: Fumio Kishida, minister of foreign affairs of Japan, awarded the prestigious Japanese Foreign Minister’s Commendation for 2016 to Sheikh Mohammed...

Muscat: An exhibition of small and medium enterprises (SMEs), conducted by Riyada in association with the SME Development Fund, will showcase opportunities...

New York: Key stock indexes on Wall Street swept to record intraday and closing highs on Black Friday thanks to gains in consumer staple and technology...

Johannesburg: South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned...

Muscat: Combined assets of Omani banks touched OMR27.2 billion by the end of September 2016, according to the latest monthly bulletin released by the...

Athens: Greece’s battered banks are being asked to swap about €33 billion ($35 billion) in floating-rate bonds for 30-year, fixed-rate securities under...

Muscat: Oman’s exports for the first half of 2016 plunged 27.2 per cent to OMR4.96 billion from OMR6.82 billion in the same period last year. The decline...

London: Saudi Arabia pulled out of planned talks with non-Opec nations including Russia as disagreements about how to share the burden of supply cuts stood...