Business

Muscat: Bank Sohar’s OMR100 million bond issue, which closed subscription recently, was oversubscribed. The bank had offered up to 100,000 perpetual bond,...

Muscat: Fertiliser production capacity in the Gulf Cooperation Council (GCC) region has reached 42.3 million tonnes per annum in 2017, rising by 12 per cent...

Muscat: Oman’s central bank raised OMR60 million from treasury bills. The treasury bills were for a maturity period of 182 days, from September 27 to...

Muscat: BP Oman plans to drill 100 wells in the second phase of block 61 tight gas development, a senior official of the company said. The company will make...

Muscat: Profit taking on select stocks weighed on the MSM30 Index, which closed at 5,114.12 points, down 0.30 per cent. The MSM Sharia Index closed at...

Muscat: In the first half of 2017, IPO activity in the Middle East and North Africa (MENA) region saw 16 deals, representing a 100 per cent increase from...

London: Brent oil prices hovered near 26-month highs, supported by Turkey's threat to cut crude exports from Iraq's Kurdistan region as well as...

London/Toronto: Global accounting firm Deloitte said on Monday it was the victim of a cyber attack that affected the data of a small number of clients,...

Munich/Frankfurt: German industrial group Siemens is likely to decide on Tuesday to pursue a multibillion-dollar rail merger with French rival Alstom rather...

Beijing: HNA Group, the high-flying Chinese conglomerate caught in the cross-sights of Beijing, has hit turbulence as deals stall and scrutiny of its...