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Bank Muscat cloc-ked a net profit of 176.56 million rials in 2016, a marginal rise from 175.45 million rials the previous year. The Sultanate’s largest...

Bank Dhofar, the Sultanate’s second-largest lender by assets, clocked a net profit of 47.62 million rials in 2016, registering a 1.83 per cent increase...

ABU DHABI Opec’s Secretary-General has confidence in the commitment of oil producers who agreed to an output cut deal last month to ease a global...

Ahlibank witnessed a 6.9 per cent rise in net profit for 2016, clocking 29.6 million rials against 27.7 million rials in 2015. A filing on...

Cement companies, Oman Cement and Raysut Cement, recorded profits in 2016. Raysut Cement said its net profit was higher by 1.02 per cent to reach...

MUMBAI Moving the head of Tata Consultancy Services (TCS) to the top job at Tata Sons’ holding company fills a critical hole for the salt-to-software...

Telecom player Ooredoo saw its 2016 net profit rise by 11.3 per cent to 46.3 million rials from 41.6 million rials in 2015. A...

Dhofar Insurance logged a net loss of 9.86 million rials in 2016 compared to a net loss of 2.97 million rials in 2015. In a...

MUSCAT Oman Shipping Company (OSC) on Sunday announced that its subsidiary, Oman Charter Company (OCC), has entered into a contract of affreightment (COA) agreement with...

NEW DELHI The Finance Ministry is likely to finalise capital infusion plan for state-owned banks this week based on the request of various lenders which...