Byju Raveendran, the founder of India's former edtech titan Byju's, acknowledged that his company, which once held a staggering valuation of $22 billion, is now "worth zero" as it faces insolvency.
Spot gold climbs 0.3%, touching $2,682.14 an ounce amid rate-cut expectations.
Vitkovice Steel, a top Czech steel manufacturer, is set for an acquisition by India's Jindal Steel Group, boosting its operations and supporting the ambitious Vulcan Green Steel project in Duqm, Oman.
The Central Bank of Oman (CBO) has introduced the Bank Deposit Protection Law under Royal Decree No. 47/2024 to safeguarding the interests of depositors in the Sultanate.
The Muscat Stock Exchange “30” index closed today at 4,813.05 points, marking an uptick of 10.6 points or 0.22 per cent from yesterday’s closing of 4,802.43 points.
The Financial Services Authority has approved the allocation ratios for shares of OQ Exploration and Production Company following a successful subscription phase that saw demand exceeding the offered shares by 2.4 times.
BankDhofar, the leading financial institution in the Sultanate of Oman, has shown a clear interest in women as a fundamental pillar in the process of building a modern country with its solid and cohesive pillars.
The Bank posted a net profit of RO 170.79 million for the period compared to RO 158.88 million reported during the same period in 2023, an increase of 7.5 per cent.
During the meeting, aspects of cooperation and strengthening the partnership between the SFD and the OPAZ were discussed.
Jio claims the JioBharat subscription will provide savings of almost 40 per cent over other players.
Marking a major milestone in the brand’s growth journey in North America, the new showroom will be Malabar Gold & Diamonds’ 5th and largest showroom in the USA.
The committee reviewed the ‘Women's and Children's Health Campaign’ initiative, which aims to enhance health awareness among families.
Oman bans work visas for expats in more than 200 professions
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