Business

Tuesday 14/February/2017 11:43 AM

Nama group to hire banks to help raise $2b

Dubai: Oman’s Electricity Holding Co. hired JPMorgan Chase & Co and Bank Muscat to advise on plans to raise about $2 billion this year, according to three...

Monday 13/February/2017 17:20 PM

Muscat bourse edges down on weak sentiment

Muscat: Share index on the Muscat bourse reacted amid weak sentiment. The MSM30 Index remained stable and closed at 5,815.36 points, marginally down by 0.06...

Monday 13/February/2017 17:07 PM

RBS plans more than $1 billion in cost cuts

London: Royal Bank of Scotland (RBS) is preparing to cut more than 1 billion pounds ($1.25 billion) of annual operating costs by eliminating jobs and...