Oil prices edged up on Monday after a breakdown in diplomatic ties between Saudi Arabia and Iran that some speculated could result in supply restrictions, although...
Oman’s government has approved the 2016 General Budget with a deficit of 3.3 billion riyals. Darwish Al Balushi, the Minister Responsible for Financial Affairs, said that...
Global economic growth will be ‘disappointing’ next year, the head of the International Monetary Fund (IMF) said in a guest article for German newspaper Handelsblatt’ published...
Measures for rationalising expenditure are being taken and the ministries are cooperating fully as they understand the problem, Darwish bin Ismail Al Balushi, Minister Responsible for...
Oil slid from the highest level in three weeks, snapping the longest run of gains since April as Iran repeated its goal of boosting exports after...
'The 2016 Economic Outlook' discussion recently hosted at Capital Club, Dubai's Premier Private City Club and member of the ENSHAA group of companies, and moderated by...
Bank Muscat, the flagship financial services provider in the Sultanate, has won a prestigious award from J P Morgan Bank in recognition of operational excellence in...
US energy group Enterprise and oil trader Vitol raced to exploit the end of a 40-year ban on most US crude exports, the first of many...
Private deposits of commercial banks in the Sultanate as at the end of October 2015 rose by 8.10 per cent to OMR11,786.1 million compared to OMR10,902.6...
Oman’s non-oil exports fell by 7.1 per cent at OMR1,920.4 million for the first seven months of 2015, from OMR2,066.7 million for the same period of...