Business

Hanoi: Vietnam's newest commercial carrier Bamboo Airways took flight on Wednesday, officially entering Southeast Asia's crowded aviation sector...

Shanghai: China's GDP growth may be significantly slower than official estimates suggest and its economy more vulnerable to external shocks than widely...

Detroit: Volkswagen and Ford announced a new alliance on Tuesday to jointly develop commercial vans and pickups starting in 2022, a bid to reduce costs in...

Muscat: The UAE’s leading private utility, Utico, on Tuesday announced signing an investment agreement with Majis Industrial Services, a Government of...

Muscat: The MSM30 index ended lower at 4,279.87 points by 0.67 per cent. MSM Sharia Index closed at 596.06 points, down by 0.21 per cent. Galfar Engineering...

Muscat: The Gulf Cooperation Council (GCC) countries are set to grow at a strong pace in 2019, according to the Kuwait Financial Centre's (Markaz)...

Muscat: Oman’s central bank raised OMR18 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 28 days,...

Muscat: Oman's production of crude oil and condensate throughout December 2018 amounted to 30.75 million barrels, with a daily average of 992,192...

Muscat: Raysut Cement Company (RCC), Oman’s largest cement manufacturer, said that it has officially gone live on SAP ERP (enterprise resource planning)...

Muscat: Bank Muscat, the flagship financial institution in the Sultanate, posted a net profit of OMR179.63 million for the year ending December 31, 2018,...