Business

MUSCAT: Bank Muscat has achieved a 7.5 per cent growth in net profit at OMR175.45 million for 2015, against OMR163.23 million posted for the previous...

From the words of His Majesty Sultan Qaboos bin Said.

Muscat: Ten Yemeni detainees from Guantanamo Bay have arrived in Oman, Oman TV tweeted on its official twitter handle. The detainees have arrived Oman for a...

Muscat: Fourteen Arab nationals, including an Omani, were arrested by the Department of Criminal Investigations and Dhofar police, for theft and robbery, an...

Muscat: Expat visa fees are set to pour more than OMR15 million extra into Oman’s coffers every year, as Royal Oman Police (ROP) introduces a new charge...

Muscat: As many as five Omani companies, including three state-owned, are expected to float initial public offerings (IPO) on the local bourse this...

Muscat: There is room for the establishment of one or two more funding organisations to fill the existing gaps in supporting small and medium enterprises...

Muscat: Oman’s largest telecom operator Oman Telecommunications (Omantel) said its debut sukuk issuance which opened for subscription on January 11, is...

Muscat: Major Omani and UAE banks along with Asian Development Bank (ADB) funded a $69 million facility through a syndicate loan for LOLC Finance, one of...

Muscat: Heavy selling in banking and telecom stocks pushed the MSM 30 Index down 1.71 per cent to 5,199.09 points, its lowest close since April 2009. The...