Economy

Kuala Lumpur: Malaysia may consider restrictions on foreign car imports to protect the country's "infant industry", Prime Minister Mahathir...

Dubai: Iran's currency plunged to another record low on Sunday, dropping past 100,000 rials to the US dollar as Iranians brace for August 7 when the...

Muscat: A kick off meeting for the Islamic Liquidity Management Project was held between the Central Bank of Oman (CBO) and Thomson Reuters at the CBO...

Muscat: Cloud Acropolis is now offering Secure Tally.ERP 9 services on the Cloud to its customers in the Sultanate and across the Gulf Cooperation Council...

Muscat: The expanding Special Economic Zone in Duqm (Sezad) is expected to get a boost from the supply chain services contract awarded by BP to Sumitomo...

Geneva: Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, the NZZ am Sonntag newspaper reported on Sunday,...

Riyadh: Saudi Basic Industries Corp (Sabic), the world's fourth-biggest petrochemicals company, reported an 81 per cent leap in second-quarter net...

Dubai: Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported...

Mexico City/Ottawa: Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by US...

Muscat: Dedicated to provide the highest levels of convenience for its customers, Oman Oil Marketing Company signed an agreement with Thawani Technologies...