Business

Muscat: Local selling across the board led the MSM30 index to end lower by 0.73 per cent at 5,005.7 points. The MSM Sharia Index also was down by 0.67 per...

Muscat: Al Khalij Heavy Equipment & Engineering LLC, a subsidiary of Galfar Engineering, is in expansion mode this year as its new Chief Executive Officer...

Muscat: Omani banks are expected to face pressure in maintaining net profits in the aftermath of rising interest rates. This follows a growth in policy...

Dubai/London: Opec and non-Opec officials were holding a second day of meetings in Abu Dhabi to discuss ways to boost compliance with their oil...

Muscat: In an unprecedented move, Oman Arab Bank (OAB) on Tuesday launched a new unified digital banking platform with an all-new simplified interface used...

Muscat: Oman Telecommunications Company (Omantel), the Sultanate’s biggest telecommunication service provider, said the company’s board has approved a...

Athens: Greece's statistics service ELSTAT has suspended until further notice the release of flash quarterly estimates on the country's gross...

Muscat: Topaz Energy and Marine (Topaz), a leading offshore support vessel (OSV) company, on Tuesday announced a new $100 million contract with Dragon...

Melbourne: Commonwealth Bank of Australia on Tuesday scrapped its chief executive's bonus for damaging the bank's reputation amid allegations it...

Shanghai: China stocks edged slightly higher on Tuesday in quiet trading as investors shrugged off data showing Chinese exports and imports grew more slowly...