Business

Muscat: International Investment Bank (IIB), an Islamic wholesale investment bank based in the Kingdom of Bahrain, announced a successful exit from its...

The commodity sector remains on the defensive with rising supply hurting a diversified group of raw materials from crude oil to grains. Growth concerns in...

Montreal: Canadian aircraft and transport company Bombardier will cut 5,000 jobs globally and sell off its aging turboprop line in a bid to...

London: Britain's economy accelerated in the third quarter as higher exports and household spending offset slumping business investment, data showed...

Luanda, (Angola): Angola and French oil giant Total formally launched a major new offshore oil project Saturday to aid the country's economy that...

New York: After years of low, low prices, fed by near-zero interest rates in a convalescing economy, Americans are waking up to costlier consumer...

Dubai: Major oil producers meet in Abu Dhabi on Sunday to consider reverting to output cuts after a sharp slide in crude prices revived fears of a...

Muscat: The value of trading in the Muscat Securities Market (MSM) in October 2018 declined to OMR40.2 million compared to OMR48.9 million in September, a...

Muscat: The Public Establishment for Industrial Estates (PEIE) will hold a ceremony on Monday to mark 25 years since its establishment and will unveil its...

Muscat: The total revenue of the Sultanate's government surged 24.4 per cent to OMR6.67 billion for the first eight months of 2018, over the same period...