Economy

Beijing: China's threatened tariffs on $34 billion of US goods will take effect from the beginning of the day on July 6, a person with knowledge of the...

Cairo: Egypt's gross domestic product grew by 5.4 per cent in the 2017-2018 fiscal year that ended on June 30, new Prime Minister Mostafa Madbouly said...

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...