Economy

Berlin: The German economy picked up more steam than expected in the second quarter, driven by higher household and state spending, suggesting that...

Mumbai: Indian carrier Jet Airways has said it is considering various options on priority to meet its funding requirements, reaffirming that its...

Muscat: Artificial intelligence (AI) technology is the backbone of the 4th industrial revolution, according to Dr Salim bin Sultan Alruzaiqi, CEO of the...

Muscat: Khazaen Economic City (KEC), the master developer of the first integrated economic city in northern Oman, has announced its plan to establish a...

London: Gold prices hit 17-month lows on Monday, losing out to US Treasuries and a stronger dollar as investors sought refuge from a financial market rout...

Muscat: Saudi Aramco, Air Products, and ACWA Power announced the signing of a term sheet to form an over US$8 billion gasification/power joint venture (JV)...

Muscat: Oman’s investment promotion and export development agency, Ithraa, is joining forces with the Public Establishment for Industrial Estates (PEIE),...

Istanbul/Ankara: Turkey's lira pulled back from a record low of 7.24 to the dollar on Monday after the central bank pledged to provide liquidity and cut...

Washington: Tesla Inc’s handling of Chief Executive Elon Musk's proposal to take the carmaker private and its failure to promptly file a formal...

Beijing/Shanghai: Chinese banks extended 1.45 trillion yuan ($210.84 billion) in new yuan loans in July, China's banking and insurance regulator said,...