Economy

Muscat: Oman Tourism Development Company (Omran), leading hotel developer and owner mandated to develop the Sultanate’s tourism industry, has on Monday...

Berlin: German industrial orders unexpectedly dropped for the third month running in March due to weak foreign demand, data showed on Monday, suggesting...

London/Zurich: Swiss-based food giant Nestle will pay Starbucks $7.15 billion in cash for the rights to sell the US coffee chain's products around the...

London: A resurgent dollar and higher borrowing costs are smashing through Argentina and Turkey's currencies like a wrecking ball and raising the...

Washington: Talks to update the NAFTA trade deal enter a make-or-break week on Monday, as ministers from Canada, the United States and Mexico seek to...

Houston/Caracas: US oil firm ConocoPhillips has moved to take Caribbean assets of Venezuela's state-run PDVSA to enforce a $2 billion arbitration award...

Muscat: One of the major challenges for Oman is to not just use innovations to drive the economy but to merge said innovations, an expert said. Professor...

Muscat: The new Muscat airport and the Khazzan Gas Field are two major investments of the government that will drive the economy, chairman of a major...

Muscat: A cooperation agreement to establish a Liquefied Petroleum Gas (LPG) bottling plant in Musandam was signed by Oman Oil Company Exploration and...

Muscat: At the annual general meeting held on the March 25, 2018, the Fincorp Al Amal Fund board members elected a new board and chairman for the Fund....