Business

Muscat: Al Hadeetha Resources, a 70:30 joint venture between Australia-based Alara Resources and Al Hadeetha Investment Services, plans to start commercial...

Muscat: Oman is considering offer some more mining blocks in different parts of the country for development in the near future. “It is under processing...

Seoul: Hanjin Shipping, the South Korean container line that sought bankruptcy protection last month, is cutting its fleet by returning some chartered...

Cairo: Egypt will request a meeting of the International Monetary Fund’s (IMF) executive board within days after meeting the requirements for a $12...

Muscat: Shares on the Muscat Securities Market reacted on profit-booking. The MSM 30 closed lower at 5,762.74 points, down by 0.28 per cent. The MSM Sharia...

Melbourne: A group of global investors including QIC agreed to pay A$9.7 billion ($7.3 billion) to run Australia’s busiest maritime hub for 50 years,...

Muscat: Towell Group that comprises more than 50 companies in several countries recently launched a new and improved website — www.wjtowell.com. The...

Muscat: BP Oman and Sharakah signed an agreement on Monday to continue the Khazzan project for SME Development for third consecutive year. According to...

New York: Oil speculators headed for the sidelines as Opec members prepare to discuss freezing output in the face of signs the supply glut will...

Dubai: Abu Dhabi banks are cautious about financing real estate projects amid concern the property market is slowing, an executive from the New York-based...