Business

Khobar (Saudi Arabia): Saudi Aramco has shut down its 80,000 barrel per day crude oil refinery in Jeddah indefinitely, converting the complex into a hub for...

Dubai: Saudi Arabia's state budget deficit shrank nearly 10 per cent from a year earlier in the third quarter of 2017, keeping the government on track...

Muscat: A number of ministerial responses received from the Government, as well as the recommendations of Majlis Al Shura on studying the conditions of the...

Muscat: Oman’s State Council will always maintain the best interests of the Sultanate, to ensure the country walks a strong and stable path, leading to a...

Muscat: Oman Development Bank (ODB) has financed 1,388 projects in Masirah by extending funds worth OMR5.73 million between 2009 and September 2017. Youssef...

Muscat: As part of its ongoing expansion throughout the Sultanate, Ooredoo has inaugurated its 49th store with the launch of a new store in Al Mawalih....

Muscat: The Central Bank of Oman (CBO) has announced launch of its redesigned Automated Clearing House (ACH) payment system on November 18, 2017, which...

Muscat: Sayyid Badr bin Saud bin Harib Al Busaidi, Minister Responsible for Defence Affairs received in his office at Mu’askar Bait Al Falaj on Sunday Ali...

After the Central Bank of Oman issued a draft circular early this year requiring banks to have a robust fraud prevention policy and system in place by the...

Dubai: Saudi Arabia plans to impose a 5 per cent value added tax on gasoline from January 1, 2018, the Saudi tax department said on one of its Twitter...