Business

Dubai: Dubai Duty Free cut prices after a weaker pound led to lower airport sales and expects to boost revenue by 5 per cent this year, driven by spending...

Mumbai: Taxes are anything but certain for Indian Prime Minister Narendra Modi. Faced with a slump in demand after his shock clampdown on cash, he’s...

Muscat: Yousuf bin Alawi bin Abdullah, Minister Responsible for Foreign Affairs received a copy of credentials of Jose Marcos Nogueira Viana,...

Muscat: Five judicial rulings in favour of consumers by courts in Sur and Jaalan Bani Bu Hassan were announced, after the accused parties were deemed to...

Muscat: Oman’s stock market watchdog Capital Market Authority (CMA) is in the process of drafting a new securities law, in an attempt to protect the...

Muscat: Bank interest rates have shown a substantial yearly increase, in view of the tight liquidity situation within the financial system. According to the...

Muscat: Amid improved trading activity, the MSM30 Index gained 0.29 per cent to close at 5,750.91 points. The MSM Sharia Index ended at 857.38 points, up...

Muscat: Saudi Arabia’s budget deficit is set to narrow in 2017, as a result of higher oil prices and diversification measures increasing non-oil revenues,...

Muscat: Petroleum Development Oman (PDO) is installing thousands of solar panels in its car parks to provide power for its headquarters in Muscat. The...

Muscat: Galfar Engineering and Contracting, the Sultanate’s leading contracting firm, reported a consolidated net loss of OMR5.78 million for 2016,...