Business

Muscat: Pressured by sustained foreign selling, the MSM30 Index closed at 5,697.61 points, down by 0.32 per cent. The MSM Sharia Index declined by 0.15 per...

Dubai: The Qatar Stock Exchange is awaiting the approval of its shareholders to conduct an initial public offer of its own shares, the exchange's chief...

Muscat: Oman Oil Company Exploration and Production LLC (OOCEP), a subsidiary of the Oman Oil Company, has been named the fastest-growing oil company in the...

Muscat: As many as half of the businesses said they have not started any preparation for the proposed introduction of value added tax (VAT) in the Gulf...

Muscat: Oman government’s disinvestment of 49 per cent stake in state-owned Muscat Electricity Distribution Company (MEDC) by way of an initial public...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Tomislav Nikolic of the Republic of Serbia in reply to His...

Abu Dhabi: The profitability of airlines in the United Arab Emirates, one of the Middle East's two big aviation hubs, is expected to fall this year, the...

Kuala Lumpur: Petronas Chemicals, a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest...

Tokyo: Toshiba is considering the sale of a majority stake in its Westinghouse nuclear unit as the company grapples with construction delays and a...

Detroit: Intel agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the US chipmaker...