Business

Wednesday 20/January/2016 18:33 PM

Rupee plunges to 28-month low

Mumbai: Hit by global growth concerns, the Indian rupee on Wednesday crashed below the 68-level after 28 months and closed 23 paise down at 67.95 on fresh...

Wednesday 20/January/2016 18:28 PM

Omantel sukuk evokes strong response

Muscat: Book-building process for the Omantel sukuk via private placement is currently being done. A large number of Omani and international investors have...

Wednesday 20/January/2016 18:26 PM

Muscat bourse plunges again

Muscat: After Tuesday’s rebound, renewed weakness in crude prices and geopolitical factors pressured markets on Wednesday. The MSM30 Index shed 1.83 per...

Wednesday 20/January/2016 18:23 PM

Omani exporters to get support from Kuwait

Muscat: Various incentives will be offered to Omani producers who are willing to export their products to Kuwait through Kuwait’s Union of Consumer...

Wednesday 20/January/2016 18:14 PM

Shell’s profit drops on sluggish oil

London: Royal Dutch Shell, which is buying BG Group in the industry’s largest deal in a decade, expects fourth-quarter profit to drop at least 42 per cent...