India’s largest biscuit maker and a legacy brand Parle Products Pvt Ltd might fire up to 10,000 of its 1,00,000-strong workforce amid slowing economic growth and...
XCMG, a well-known Chinese multinational heavy machinery manufacturer, launched its new product line up catering to the Middle East market at a function in Muscat recently....
The Central Bank of Oman (CBO) raised OMR55mn by way of allotting treasury bills yesterday. The bills have a maturity period of 91 days, starting today...
Galfar Engineering & Contracting, Oman’s largest multi-disciplined engineering, contracting and construction company, has recently been awarded a sub-contract for US$16mn from China Petroleum Pipeline Engineering Company...
Global research and advisory firm Oxford Business Group (OBG) will be bringing out The Report: Oman 2020, which will chart the latest measures taken by Oman...
Panalpina, an international freight forwarding and logistics company based in Switzerland, is soon planning to set foot in Oman with its office opening in Muscat by...
Islamic finance is set to expand rapidly in Commonwealth of Independent States (CIS) countries in the next five years from a very low base, Moody’s Investors...
Hilton and Kuwait-based Alshaya Group have signed an exclusive master development agreement to launch and develop 70 Hampton by Hilton hotels in nine countries with most...
Pengerang Refining and Petrochemical (PrefChem), a joint venture between Malaysia’s state oil firm Petronas and the Saudi Arabian Oil Company (Saudi Aramco), has begun to restart...
Dubai’s Department of Economic Development has added 53 new business activities across a number of important sectors during the first half of 2019, according to media...