Business

Seoul: South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid...

Muscat: Global sukuk issuance in 2017 increased by 45.3 per cent, reaching $97.9 billion, up from $67.4 billion in 2016, underpinned primarily by the jumbo...

Muscat: Not a single South Asian airline has been named in a list charting the top 20 safest airlines in the world, according to an annual study of the...

Muscat: Arcapita, the global investment firm, announced that is has acquired a controlling interest in MC Sign Company, the leading nationwide provider of...

Muscat: ACWA Power has reached financial close of the three solar PV projects under the second round of Egypt Feed-in-Tariff programme II, with an aggregate...

Muscat: The Middle East region has embraced the digital revolution and witnessed an increased comfort in ‘going digital’, which comes naturally to the...

Muscat: The recent growth in oil prices is expected to reduce deficit substantially this year, according to economists and market analysts. Oman government...

Muscat: Large cap financials continued to drive the index which closed at 5,119.18 points, up 0.28 per cent. The MSM Sharia Index gained 0.23 per cent to...

Beijing: China’s foreign exchange reserves rose to their highest in more than a year in December, blowing past economists’ estimates, as tight...

Philadelphia: The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can...