Business

Muscat: Total net profits for Muscat Securities Exchange (MSX) listed companies in Oman declined by 3.5 percent year-on-year to $491.5 million in the second...

Muscat: The Middle East and North Africa (Mena) region witnessed a total of 318 mergers and acquisition (M&A) deals amounting to $43.8 billion,...

Washington: Apple has sent out invitations for its eagerly awaited ‘Wonderlust’ event and formally revealed the date for the release of its iPhone 15...

Muscat: The number of industrial licences and customs and tax exemptions during the first half of 2023 stood at 11,845 compared to 6,998 applications during...

Muscat: The Centralised Utilities Company (Marafiq), a joint venture owned by OQ; a subsidiary of Oman Investment Authority (OIA), implemented a water...

Muscat: The revenues of 3-5-star hotels in Oman stood at OMR122,530,000 at the end of July 2023, up by 27.8 per cent over the corresponding period in...

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...