Business

Tuesday 08/March/2016 21:30 PM

Support plan for Omani job losers

Muscat: A ‘redundancy’ fund to support Omanis working in the private sector who lose their jobs is under active discussion, says a leading trade union...

Tuesday 08/March/2016 21:19 PM

484 held for violating Labour Law in Oman

Muscat: Four hundred and eighty-four workers, including 306 commercial workers, 32 farm workers and 46 housemaids and their equivalents were apprehended...

Tuesday 08/March/2016 18:41 PM

Omani firms plan sukuk issue

MUSCAT: Several companies in Oman, including a real estate developer, are planning to issue sukuk or Islamic debt instrument. A real estate company has...

Tuesday 08/March/2016 18:19 PM

Crude oil rally halts near $40 a barrel

Hong Kong: Brent oil halted gains after rising above $40 a barrel for the first time since December on estimates that United States stockpiles, already at...

Tuesday 08/March/2016 18:17 PM

German industrial production surges

Frankfurt: German industrial production jumped by the most in more than six years in January, in a sign that strong domestic demand may be helping to...

Tuesday 08/March/2016 15:41 PM

His Majesty receives thanks from Kuwait

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from His Highness Sheikh Sabah Al Ahmed Al Jabir Al Sabah, Emir of Kuwait in reply...