Economy

Salalah: The "Gulf Green Mobility System Lab" organised in Salalah on Wednesday by the Ministry of Transport, Communications and Information Technology as...

Muscat: The official price of Oman oil, for delivery in next November, rose by $1.75 and settled at $101.56 on Wednesday.It is worth noting that the monthly...

Mumbai: India's 7.8% real GDP growth in the first quarter of FY27 was supported by buoyant high-frequency economic indicators, including strong industrial...

Houston: Chevron Corporation will invest more than $7 billion in its Venezuelan joint ventures over the next five years and more than double production to...

New Delhi: The Centre's fiscal position remains comfortable in the early months of FY27, but slower nominal GDP growth could put pressure on the...

Asheville: The US Treasury Department highlighted ongoing efforts to tackle global economic risks on Wednesday, as senior officials detailed discussions on...

Asheville: Indian Union Finance Minister Nirmala Sitharaman pushed for deeper trade, investment and financial cooperation with key global partners...

Muscat: The total oil production of the Sultanate of Oman increased by 11.3 percent by the end of July 2026, reaching 233.80 million barrels, compared to...

Wicklow: European Union foreign policy chief Kaja Kallas urged nations possessing air defence interceptors nearing their expiry date to donate them to...

Muscat: The Sultanate of Oman's natural gas production—including local production and imports—witnessed a 6.4 percent growth by the end of July 2026,...