Economy

London: The gap between short- and long-term euro zone borrowing costs were near their tightest levels in over a week on Wednesday as the European Central...

New York/Hong Kong: China's embattled ZTE Corp has received a temporary reprieve from the US government to conduct business needed to maintain existing...

Brussels/Berlin: China is putting pressure on the European Union to issue a strong joint statement against President Donald Trump's trade policies at a...

Muscat: The need to digitise the freight transportation and logistics industry (T&L) is becoming increasingly important as Gulf Cooperation Council (GCC)...

Muscat: Oman’s central bank raised OMR45 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...

Cairo: Egypt's non-oil private-sector business activity grew slightly in June compared to May, but remained in contraction with reductions in output and...

Airo: Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity subsidy cuts, the International...

Muscat: ACWA Power on Sunday inaugurated its 120MW Khalladi wind farm in Tangier, which is expected to supply clean power at competitive prices to a number...

Cairo: Egypt's first smartphone maker is looking to capture 17 per cent of the country's market by 2020, up from 2.7 per cent, its chairman said, as...

Dubai: Etihad Airways is reorganising into seven business divisions and group CEO Tony Douglas is taking over direct responsibility of the airline business...