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Persistently low oil prices continue to pressure the funding environment for banks across the Gulf Cooperation Council (GCC) countries, says Moody's Investors Service in a report published today.

According to a recent report published in a news agency, Oman will encourage households to generate electricity with solar panels and feed it into the national grid, Qais al-Zakwani, executive director of the Authority for Electricity Regulation, said.

The Indian government unveiled a fire-fighting budget on Monday. Finance Minister Arun Jaitley's third budget marked a strategic shift by addressing rural distress in a country of 1.3 billion, where two-fifths of families rely on farming and are reeling from two years of drought.

Finance Minister Arun Jaitley will present his third budget for the Narendra Modi government. Jaitley faces a tough task of balancing the needs of farm sector as well as the industry as he seeks to garner resources to boost public spending for higher growth amid global economic upheaval.

The 2016 budget aims to stimulate economic growth and spending on high-priority socio-economic and development projects, while continuing to provide support and a positive environment for growth and investment in the private sector.

The Committee in charge of studying and fixing the sale price of oil products in the Sultanate on Monday held a meeting and approved a number of procedures including the new pricing for oil products (regular, super and diesel).

Power is an intangible construct and means different things to different people. Simply put, it is an ability to influence people and events. Power is also a measure of success and a look at OER’s 50 Most Influential People in Business underscores the point.

OER-United Securities fastest Growing Companies in Oman Survey 2015, reveals a list of stellar companies which are beating market averages by a stretch. An OER report.

OER Finance Summit and Top 20 awards held in Muscat on October 20 turned the spotlight on cost efficiency, tapping investment opportunities and diversifying the economy to offset the falling oil prices.

Oman’s nominal gross domestic product fell 14.2 per cent to OMR13.552 billion from OMR15.791 billion for the same period last year as weak crude prices took a toll on the oil sector.