Business

Muscat: Global sukuk issuance fell short of market expectations last year, although it was higher than in 2015. And the sukuk market will remain subdued in...

Muscat: His Majesty Sultan Qaboos bin Said received a verbal message from President Abdel Fattah Al Sisi of the Arab Republic of Egypt relating to the...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to President Dr. Hassan Rouhani of the Islamic Republic of Iran on the death of...

Muscat: Oman Environmental Services Holding Company, popularly known as be’ah, started its waste management operations in the Dhofar Governorate on...

Muscat: Petrofac has signed a contract worth of $600 million with Salalah LPG SFZCO (SLPG), a wholly-owned subsidiary of Oman Oil Facilities Development...

Milan: As the new Italian government of Paolo Gentiloni hammers away at a rescue plan for beleaguered lender Banca Monte dei Paschi di Siena, it’s...

Chicago: Kia Motors said its Stinger sports sedan will go on sale in the US late in 2017, a decision that may help raise its profile among buyers who focus...

Detroit: Fiat Chrysler Automobiles (FCA) will invest $1 billion to retool and modernise two plants in the US Midwest, including one that would be able to...

Doha: Oil producers from Saudi Arabia to the United Arab Emirates are complying with production cuts promised last year to stabilise the market, Kuwait’s...

Hong Kong: McDonald’s agreed to sell a controlling stake in its China and Hong Kong operations to a group of financial investors in the latest effort by...