A joint venture of US-based global energy infrastructure services giant CB&I and CTCI Corporation, Taiwan, has received a notice of intention of award valued at approximately...
HSBC has cut jobs in its retail and commercial banking units in the UAE as the bank prepares for lower growth in the Gulf Arab state...
Business opportunities of non-banking finance companies (NBFCs) in the Sultanate are to get wider with the Central Bank of Oman (CBO) deciding to give them more...
The Middle Eastern retail major Lulu Group is in the final stages of starting its operations in Malaysia with the first hypermarket slated to open in...
Majlis Al Shura hosted Darwish bin Ismail Al Balushi, Minister Responsible for Financial Affairs, Deputy Chairman of the Financial Affairs and Energy Resources Council, Dr. Ali...
Credit rating agency Standard & Poor's has downgraded Oman's sovereign debt in a sign of growing pressure on the finances of some Gulf Arab oil exporters.
Market capitalisation of bonds and sukuk traded on the Muscat Securities Market (MSM) has crossed OMR1.8 billion, reflecting a continuation of the growth the bourse achieved...
National Bank of Oman (“NBO”) reports that it has received strong interest from international investors and has successfully concluded the US$300 million bond issuance.
Celebrating the ‘Year of the SUV’, Mercedes-Benz Oman released three stunning new additions to its all-star line-up.
Bank Muscat, the flagship financial services provider in the Sultanate, as part of its ‘Let’s Do More’ vision and commitment to partnership in sustainable development, extended...
