Benchmark global bond yields continued to trend down in 2Q19 amid ongoing trade tensions, central bank dovishness and signs of slowing economic growth, according to… Read more

Rex International Holding Limited, the majority shareholder in Masirah Oil Limited (MOL) — which has a 100 per cent interest in the offshore Block 50… Read more

Work is continuing on 10 fishery projects in Oman that have seen investments of nearly half a billion rials, as the country moves to become… Read more

The 50-megawatt (MW) Dhofar Wind Farm in Oman has produced its first kilowatt hour of electricity, marking a major milestone for the GCC region’s first… Read more

Having recently brought on stream Oman’s first wind-power farm, the Rural Areas Electricity Company (Tanweer) is forging ahead with the development of 11 small-scale Solar… Read more

Eid al Adha holidays for employees in the ministries, public authorities and other departments of the state apparatus will be from August 11-15. Work will… Read more

Muscat: China continues to be the largest importer of Omani crude oil and condensates, government data has revealed. According to the 2018 annual report released… Read more

The nominal Gross Domestic Product (GDP) of the Sultanate expanded at a robust pace of 12 per cent during 2018 as against 7.3 per cent… Read more

Muscat: Eid al Adha holidays for ministries, public authorities and other units of the state administrative apparatuses will be from Sunday, August 11 to Thursday,… Read more

Muscat: Oman’s manufacturing sector has achieved half of its targets set during 2019, which is right up to the standards set out by the Implementation,… Read more