Business

Wednesday 20/February/2019 13:42 PM

Man arrested for stealing electric cables

Muscat: Police have arrested an expat for stealing electric cables from houses under construction in the North Sharqiyah Governorate, the Royal Oman Police...

Wednesday 20/February/2019 13:25 PM

Adnoc assigned AA+ standalone rating by Fitch

Muscat: The Abu Dhabi National Oil Company (Adnoc) announced on Tuesday that Fitch Ratings (Fitch) has assigned Adnoc Group a standalone credit rating of...

Tuesday 19/February/2019 20:50 PM

Thousands of expired tyres seized in Oman

Muscat: The Directorate of Consumer Protection in Rustaq recently seized thousands of expired vehicle tyres in the wilayat of Rustaq. This came after...

Tuesday 19/February/2019 19:34 PM

Oman condemns terror attack in Egypt

Muscat: The Sultanate has condemned a terror attack near al Azhar Mosque in Cairo, Egypt. A statement by the Ministry of Foreign Affairs read, "The...

Tuesday 19/February/2019 16:49 PM

Oman's share index ends lower marginally

Muscat: The MSM30 index stood lower and closed at 4,056.90 points, down by 0.42 per cent. The MSM Sharia Index closed at 555.88 points, down by 0.38 per...

Tuesday 19/February/2019 15:26 PM

CBO issues treasury bills worth OMR56mn

Muscat: Oman’s central bank raised OMR56 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Tuesday 19/February/2019 15:10 PM

'Mena region IPOs raise $2.95bn in 2018'

Muscat: In 2018, the Middle East and North Africa (Mena) region raised US$2.95 billion through 26 Initial Public Offerings (IPOs), according to the latest...