Economy

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,...

Muscat: An acceleration in the pace of project implementation in the first quarter of 2018 is expected to underpin faster non-oil growth in Bahrain...

Berlin: German Economy Minister Peter Altmaier has sharply criticised US President Donald Trump's tariffs and sanctions policies, saying such measures...

Muscat: Oman Data Park (ODP) and Cisco announced that ODP has deployed Cisco Advanced Malware Protection (AMP) as part of its ODP managed security services...

Muscat: The Gulf Petrochemicals and Chemicals Association (GPCA), the voice of the chemical industry in the Arabian Gulf region, announced that the 9th...

Dubai: China's state-owned energy major CNPC has taken over the share in Iran's multi-billion dollar South Pars gas project held by France's...