Business

Muscat: Tethys Oil, a Swedish oil firm, said the company will be issued an exploration licence to develop an onshore block (49) in the south-west of...

Muscat: A’Saffa Foods plans to complete a massive expansion programme to double its chicken meat production capacity by the end of 2018. The expansion...

Danang (Vietnam): Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States,...

Shanghai: Alibaba, the Chinese e-commerce giant, said its Singles' Day sales surged past last year's total just after midday Saturday, hitting a...

New York: General Electric Co is laying off sales staff and other employees in its software division, according to people familiar with the matter, ahead of...

Beijing: China will raise foreign ownership limits in financial firms in a step granting access to a tantalizing multi-trillion dollar financial services...

Muscat: Duqm port received the first consignment of OCTG (oil country tubular goods) pipes for Petroleum Development Oman. A first lot of 4,900 tonnes from...

Washington: Former Yahoo Chief Executive Marissa Mayer apologised on Wednesday for two massive data breaches at the internet company, blaming Russian agents...

Beijing: China Energy Investment Corp, the world's largest power company by asset value, has signed a memorandum of understanding to invest $83.7...

Muscat: Oman Technology Fund (OTF) has launched Wadi Accelerator Programme, an innovative three-month startup programme that brings together regional talent...