Business

MUSCAT: Raysut Cement, Oman’s largest cement producer, said its project with Barwaaqo Cement Company in Berbera, Somaliland is progressing. The Raysut...

Muscat: In a quiet trading session, the MSM30 Index saw profit booking in retail stocks and ended at 5,979.75 points, down 0.07 per cent. The MSM Sharia...

Istanbul: After years of growth fuelled by credit and domestic consumption, bad debts and bankruptcies are rising in Turkey, squeezing banks and exposing a...

Los Angeles: Some of the richest, smartest and most powerful humans have an important message for the rest of us as they convened this week to discuss...

London: Royal Dutch Shell’s first-quarter profit beat analysts’ estimates as better-than-expected earnings from chemicals production countered oil...

New Delhi: Jindal Steel & Power will sell its 1,000-megawatt generator in central India to JSW Energy as the company kicks off a restructuring plan to boost...

Muscat: Speed radars on the roads are correctly programmed, despite rumours that they are not, Brigadier General Eng. Mohammed bin Awadh Al Rawas, Director...

Dubai: Saudi Arabia may reduce the reserves banks are required to hold against customer deposits to release more funds for lending as the country grapples...

Muscat: Shandong Chambroad Petrochemicals Co. has become the first independent Chinese refiner to trade Oman Crude oil futures on the Dubai Mercantile...

Muscat: National Bank of Oman (NBO) announced on Wednesday that it has entered into an agreement to offer mortgages on 16 villas currently being built in...