Business

Muscat: The bilateral trade between Oman and Iran is expected to touch $5 billion within five years, from merely $1 billion now. The volume of trade between...

Muscat: Shares on the Muscat Securities Market (MSM) edged down on profit-booking. The MSM 30 Index witnessed marginal decline of 0.16 per cent to end at...

Muscat: Bank Dhofar said that its board has decided to discontinue its negotiations with Bank Sohar for the proposed merger. Both banks have been unable to...

Muscat: Reaffirming its dedication to support the growth of the Sultanate’s entrepreneurial community, Oman Oil Marketing Company (omanoil) signed an...

Panaji: India and Russia have agreed to explore building the world's most expensive pipeline costing close to $25 billion to ferry natural gas from...

Muscat: Aggregate gross domestic product (GDP) growth of GCC states is estimated at 2 per cent for 2016 and 2017, similar to growth levels in 2015,...

Muscat: A terrorist attack which took place in the Arab Republic of Egypt on Friday has been strongly condemned by the Sultanate. “The Ministry of...

Muscat: In response to the Royal Directives of His Majesty Sultan Qaboos bin Said for assisting the US government in the release of US citizens detained in...

Muscat: Oman plans to develop a large-scale solar-based power project as an independent power venture in its efforts to enhance renewable energy sources in...

Muscat: An increase in electricity tariff of large industrial and commercial users is expected to push up the operating cost of companies in Oman, leading...