Business

Cairo: Business is grinding to a near-halt in Egypt as companies struggle to keep pace with a rapid slide in the black market value of the pound. Factories...

London: Royal Dutch Shell said third-quarter profit rose 17 per cent after its acquisition of BG Group boosted oil production, helping to counter a slump in...

Muscat: Majority state-owned Petroleum Development Oman (PDO) has signed a $200 million pipe supply contract with an Omani factory as part of its in-country...

Muscat: Oman Telecommunications Company (Omantel) is interconnecting two sub-sea cable systems to deliver ultra-low latency networking between Asia and...

Muscat: Oman UAE Exchange is in the process of offering real time bank account credit facility to any bank in India, Bangladesh and Pakistan. Currently the...

London: BP reported a 49 per cent decline in third-quarter earnings after crude prices fell and refining margins shrank. Profit adjusted for one-time items...

Muscat: An e-training programme for the civil service sector was launched by Sheikh Khalid bin Omar Al Marhoon, Minister of Civil Service yesterday. The...

Muscat: Oman has floated a pre-qualification tender to build an independent power project (IPP) with a generation capacity of 750-850 megawatt in Misfah –...

Muscat: Oman’s State General Reserve Fund (SGRF) has signed an agreement to acquire a 32.2 per cent stake in Spain-based...

Muscat: As part of its commitment to support Sultanate’s nationalisation plan and offer opportunities to Omani small and medium enterprises (SMEs), Orpic...