Business

Muscat: Oman Arab Bank (OAB) said the bank posted a net profit of OMR29.01 million for 2015 compared to OMR28.40 million reported in 2014. The bank...

Muscat: In a dull market, the MSM 30 Index continued its downtrend to close at 5,342.29 points, a fall of 0.39 per cent. The MSM Shariah Index also...

Beirut: Standard Chartered is in talks with Iraq’s Finance Ministry to take part in a $2 billion bond sale this year after Organisation of Petroleum...

Riyadh: World’s largest crude exporter plans to invest in Asian refineries to ensure it has plenty of buyers in the fastest-growing region for fuel...

Muscat: A massive fire engulfed a residential building in Muttrah late night on Tuesday. Fire and rescue teams were able to douse it without any...

Muscat: Oman and Germany inked an agreement for mutual visa exemption for the holder of the official biometric passport. The agreement was inked when Yousuf...

Muscat: A ‘redundancy’ fund to support Omanis working in the private sector who lose their jobs is under active discussion, says a leading trade union...

Muscat: A fire threat remains a major challenge for establishments in Oman, especially in the summer, an official has cautioned. “Unorganised and poorly...

Muscat: Four hundred and eighty-four workers, including 306 commercial workers, 32 farm workers and 46 housemaids and their equivalents were apprehended...

MUSCAT: Several companies in Oman, including a real estate developer, are planning to issue sukuk or Islamic debt instrument. A real estate company has...