business

Oil prices rise on tighter US market, Middle East tensions

Oil prices rose on Wednesday, lifted by a fall in US crude inventories and concerns that tensions

Oman Likely to Declare Excise Tax in Three to Six Months

In the words of a leading Muscat-based tax expert, there might be a formal announcement

Oman Rated as a Top Holiday Destination

The Sultanate of Oman is rated as one and only choice destination in the whole Middle E

IPO of Oman Qatar Insurance Company Closes; Subscription Value Crosses OMR 4 Million

Oman Qatar Insurance Company (OQIC), a subsidiary of Qatar Insurance Company (QIC) and a leading

International Monetary Fund: Oman Economy to Grow by 3.7 Per Cent

For the Sultanate of Oman, the International Monetary Fund forecasts a real GDP growth of 3.7 per

Bank Muscat posts RO130.26 mn net profit for 9-month period

Bank Muscat posted a net profit of RO 130.26 million for the nine months ended September 30, 2017

LuLu Group to Expand to the Philippines

LuLu Group, which runs hypermarkets in GCC, Egypt and India, eyes to expand its footprints in Sou

UAE residents to pay double for tobacco products

A pack of 20 cigarettes will now set smokers back about Dh22

UAE tax to double tobacco, energy drink prices

World’s biggest uncut diamond sells for $53m

Europol warns banks ATM cyberattacks on the rise

 Cyber criminals are increasingly accessing automated teller machines (ATMs) through the ban

Bank Sohar closes OMR100m bond issue

Bank Sohar’s OMR100 million bond issue, which closed subscription recently, was oversubscri

Qatar visitor arrivals from Gulf neighbors drop 18% in 7 months

Fisheries Labs set for launch on September 17

The launch which is for six weeks will be held in the presence of government officials and expert

Oman government bans import of poultry from five countries

 Importing poultry from five countries has been banned in Oman, according to a ministerial d