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 Staff Reporter MUSCAT Bank Sohar has mandated Bahrain-based Bank ABC as the sole bookrunner and lead arranger for a $250-million three-year syndicated term loan facility. Bank Sohar...

Jeta Pillai MUSCAT Al BuraImi’s strategy to become a key centre for logistics and the food supply chain will be impelled by Mazoon Dairy Company’s (MDC)...

HONG KONG HSBC Holdings has been formally mandated as an adviser on the initial public offering of Saudi Arabia’s national oil giant Aramco , expected...

BEIJING Russia reclaimed its position as China’s biggest crude oil supplier in March, customs data showed on Tuesday, displacing Saudi Arabia after two months in...

BAGHDAD Iraq has launched the third and final phase of work to expand its southern Halfaya oil field, aiming to double its output capacity in...

MUMBAI Reliance Industries plans to spend a further $2.8 billion on its Jio telecom business in the current quarter, it said, taking its investment in...

NEW YORK Indian Finance Minister Arun Jaitley has asserted that the government was giving top priority to addressing the issue of bad loans while acknowledging...

NEW YORK ABB has sealed a collaboration agreement with International Business Machines (IBM), the Swiss engineering company said on Tuesday, the latest step in its...

MUMBAI Boutique investment bank Moelis and Co plans to expand in India where it believes economic growth and corporate restructuring will prolong a boom in...

PARIS Boeing is nearing a decision to launch a larger version of its 737 workhorse jet within two months to counter strong sales of the...