Business

Tuesday 09/August/2016 17:54 PM

Oil price dip to raise GCC banks' bad loans

Muscat: A fall in oil prices and the slowing down of gross domestic product (GDP) growth rate in the Gulf countries could lead to an increase in...

Tuesday 09/August/2016 17:45 PM

Inflation in Oman grows by 1.3% in July

Muscat: Oman’s CPI-based inflation logged a 1.3 per cent rise in July 2016 compared to the same month in 2015, primarily driven by a 7.87 per cent rise in...