Business

Muscat: Oman government has decided to raise royalty paid by telecommunication service providers to 12 per cent of revenues in 2017, from 7 per cent...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to field marshal Omar Hassan Ahmad Al Bashir, President of the Republic of the...

Muscat: Oman’s Muscat Securities Market (MSM) rose 6.96 per cent, or 376.49 points, to close at 5,782.71 points in the just concluded year, predominantly...

Michigan: While it’s still too close to call whether 2016 delivered another annual record for US auto sales, it’s clear the era of rapid growth is...

Hedge funds bet oil rally to extend into 2017 as output cuts hit New York: Investors are showing no sign of turning their backs on oil heading into...

Muscat: Bank credit to the private sector increased by 11.9 per cent to OMR19.7 billion at the end of October 2016, over the same period last year. Of the...

New York: A polar blast that’s poised to sweep the US has turned natural gas into the year’s best performer among major commodities. Frigid weather will...

San Francisco: Jack Dorsey wants Twitter’s users to know he’s listening to them. His tweet on Thursday soliciting product feedback from users drew...

New York: After a late-year rally fuelled by the US election pushed stocks to surprising new peaks, investors are wary that the market could be primed for a...

Muscat: The Supreme Council for Planning (SCP) on Thursday held its meeting, which was presided over by Dr Ali bin Masoud al Sunaidy, Minister of Commerce...