business

Mukhaizna is by far the biggest and they are in discussion with Oxy for the provision of steam for that project. They however will not be able to provide all the steam as its way more than what solar can generate, said Salim Al Awfi, Undersecretary a

Steam is the way forward for raising Mukhaizna oilfield yield in Oman

 Officials are in talks with Occidental Oman to provide steam to extract he

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The Omani government raised extra funds from the domestic market by issuing development bonds and sovereign sukuk, in order to partially ease its budget deficit. - Times file picture

Bank interest rates in Oman increase amid tight liquidity situation

 Bank interest rates in Oman have increased in view of the tight liquidity situation and inc

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Air France-KLM is buying 31% of Virgin Atlantic

Air France-KLM is buying 31% of Virgin Atlantic

Air France-KLM is taking a 31% stake, worth £220m, in Virgin Atlantic as part of a four-way

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Airbus cuts superjumbo A380 production again

Airbus cuts superjumbo A380 production again

Deliveries of the double-decker will now fall from 15 this year to 12 in 2018 and eight in 2019,

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Facebook flush with advertising money

Facebook flush with advertising money

Facebook revenues and profits soared in the most recent quarter, as advertising dollars poured in

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70% OF WORK ON PASSENGER TERMINAL AT DUQM AIRPORT COMPLETE: MOTC

70% OF WORK ON PASSENGER TERMINAL AT DUQM AIRPORT COMPLETE: MOTC

Muscat - 
The Ministry of Transport and Communications (MoTC) has said that 7

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Oman, Qatar join hands to promote tourism

Oman, Qatar join hands to promote tourism

MUSCAT
Her Excellency Maitha Bint

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Oman firm to invest in water distribution, manufacturing, petrochemicals in Qatar

Oman firm to invest in water distribution, manufacturing, petrochemicals in Qatar

Businessmen from Qatar and Oman are expected to launch three projects

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CENTRAL BANK OF OMAN ANNUAL REPORT UNVEILED

Oman shares rise on scattered buying support

Shares on the Muscat bourse edged up with the MSM30 Index gaining marginally by 0.05 per cent to

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US Navy vessel opens fire on Iranian ship in Persian Gulf as war tensions mount

US Navy vessel opens fire on Iranian ship in Persian Gulf as war tensions mount

A US Navy patrol boat has fired shots near an Iranian ship during a tense encounter in the Persia

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Brexit: IMF downgrades UK's economic growth forecast following weaker-than-expected performance

Brexit: IMF downgrades UK's economic growth forecast following weaker-than-expected performance

The International Monetary Fund (IMF) has slashed its growth forecast

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Oman launches mobile payment clearing and switching system

Oman launches mobile payment clearing and switching system

A unique system for mobile payment clearing and switching (MpClear) wa

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