Business

Muscat: National Finance Company plans to raise OMR45.8 million by way of a rights issue and a perpetual bond issue to raise fund for its ‘cash buyout’...

Muscat: Le Beck, which has a presence in some of the Gulf Cooperation Council (GCC) countries, is planning to begin operation in the Sultanate in coming...

Muscat: Weak trend in industrial stocks weighed on the MSM30 Index, which declined by 0.22 per cent to close at 5,401.59 points. The MSM Sharia Index ended...

Hong Kong/Beijing: Chinese state-owned Sinochem and ChemChina are in merger talks to create the world's biggest industrial chemicals firm, to be headed...

Muscat: His Highness Sayyid Asa'ad bin Tariq Al Said, Deputy Prime Minister for Relations and International Cooperation Affairs and Special...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Isaias Afewerki of Eritrea on the occasion of his country's...

Vienna: Opec will likely agree to extend production cuts for another nine months, delegates said on Tuesday as the oil producer group meets this week to...

New Delhi: The Reserve Bank of India (RBI) has refused to make public the list of loan defaulters with public sector banks despite an order of the Supreme...

Vienna: India said on Monday its state refiners could become cornerstone investors in Saudi Aramco when it floats its shares next year, as New Delhi seeks...

Vienna: India on Monday once again asked Opec to stop charging premium from its Asian buyers saying oil producers should not subsidise others at the expense...