Business Blog

U.S. tech rout, earnings drag down European shares

* FTSEurofirst 300, Euro STOXX 50 both down 0.1 pct * Selloff in U.S. tech stocks unsettle investors * Results from SocGen, Carlsberg show Ukraine crisis has started to hit By Francesco Canepa LONDON, May 7 (Reuters) - European stocks edged lower on...
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Saudi’s flynas will lose money flying from DWC: CEO

Saudi Arabian discount carrier flynas believes it will lose money if it shifts over to Al Maktoum International at Dubai World Central (DWC).

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Oman's Telecom Regulatory Authority proposes draft legislation on Access and Interconnection

The Telecom Regulatory Authority (TRA) has proposed a comprehensive draft legislation on 'Access and Interconnection Regulation' (A&I) to open the telecom market for more competition.

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Rising mortgage activity boosts sultanate's real-estate market

A rebound in investor confidence and improved access to mortgages have sparked a pick-up in Oman's real-estate market, with the value of transactions soaring in the first quarter of this year.

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A build-to-fit solution beckons Dubai’s office realty

Businesses seeking Grade A office space in Dubai and failing to find any that match their needs or budget should not fret too much - they can always build their own properties, if they can afford it.

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Key pact inked to boost Oman's non-oil exports

The Public Establishment for Industrial Estates (PEIE) and Export Credit Guarantee Agency of Oman (ECGA) have signed here on Tuesday a memorandum of understanding (MoU) to promote Oman's non-oil exports.

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