Business

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...

Riyadh: A package of handouts to Saudi Arabian citizens to compensate them for cost of living increases will cost the government about SR50 billion ($13.3...

New York: US fund managers are ramping up efforts to tap into the fever surrounding digital assets, and the latest planned bitcoin products could deliver...

London: Opec deepened compliance with an oil supply-cutting deal in December due to a further decline in Venezuelan output and extra cuts by Gulf exporters,...

Cairo/Dubai: Encouraged by Egypt's economic reforms, a major gas find, streamlined business rules and a devalued currency, investors are increasingly...

Muscat: The Ministry of Commerce and Industry (MoCI) has urged the private sector to enhance its efforts to contribute to the growth of national economy and...

Kuwait City: Omani football fans who were injured in the final of the Arab Gulf Cup had a special hospital visitor today - Sheikh Jaber Al Hamad Al Sabah,...

Muscat: Oman's Muscat bourse posted a turnover of OMR992.7 million in 2017, showing a growth of 3.5 per cent over the previous year. This increase was...

Muscat: Oman’s market regulator Capital Market Authority (CMA) has stipulated a minimum capital of OMR20 million for establishing a real estate investment...

Muscat: Broad money supply M2 (M1 plus quasi-money) of banks in Oman grew by 3.7 per cent to reach OMR16.1 billion at the end of October 2017 during the...