Business

Muscat: Oman Arab Bank (OAB) reported a consolidated net profit after tax of OMR11.5 million for the first half of 2023, up 64 per cent against the same...

Muscat: Customer deposits in GCC banks showed a smaller growth in the last few quarters resulting in a small and gradual increase in the loan-to-deposit...

Muscat: The GCC banking sector witnessed continued growth in lending during the second quarter of 2023 despite interest rates reaching decades-high levels...

Muscat: The total fish exports of the Sultanate of Oman by the end of 2022 stood at about 281.601 tonnes, generating OMR140,089,300 and posting a rise of...

Muscat: The Central Bank of Oman (CBO) raised OMR23 million by way of allotting treasury bills.The value of the allotted treasury bills amounted to OMR2...

New Delhi: India’s real estate sector is expected to expand to $5.8 trillion by 2047 when the country celebrates its 100th year of Independence, according...

Muscat: The effective exchange rate index of the Omani Rial rose by 1.6 percent  to 115.3 points by the end of June 2023, compared to 113.5 points at...

New Delhi: Started in 2016, Indian’s ‘Unified Payments Interface’ (UPI) popularity continues to grow in a very short period of time crossing monthly...

Muscat: Sohar Port and Freezone announced the signing of a land lease agreement with Air Care Systems Company (FZC) for the production of industrial and...

Muscat: In the first half of 2023, OHB approved housing loans totalling more than OMR86 million, benefiting numerous families across the Sultanate of Oman...