Economy

Muscat: Omani industry managed to achieve reasonable growth in financial results last year, despite competition from outside the country. Several...

Washington: The cost of living in the US excluding food and fuel increased in January by the most in more than four years, reflecting broad-based gains that...

Dubai: Saudi Arabia's financial markets barely blinked on Thursday after its debt was downgraded — a sign that a charm offensive by Saudi economic...

New York/London: When the US Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was...

Frankfurt: Too much inflation, at least for a short time, could be a good thing for the European Central Bank (ECB). An official account of the central...

Muscat: Muriya Tourism Development Company, the Sultanate’s leading integrated tourism project developer, plans to invest $500 million for completing...

Dubai: Saudi Arabia is easing rules on bank lending to stimulate growth in the largest Arab economy, two people with knowledge of the matter said. Banks...

Muscat: A major tourism complex with an investment of OMR283 million is taking shape in Duqm. An agreement granting land usufruct for building the tourism...

Muscat: Oman’s plan to borrow a higher amount from markets abroad indicates that government expenditure will be maintained to support economic growth this...

WASHINGTON: Economists are pushing back their calls for the next Federal Reserve interest-rate hike in droves. Trouble overseas and uncertain economic...