Business

Muscat: Expatriates living in Oman can heave a sigh of relief as the government is not going to charge withholding tax on their interest income of their...

Muscat: Ooredoo welcomed Badar Al Hashmi as its new chief audit executive from May 1. He replaces Mohamed Mashood, who is retiring, according to a company...

Muscat: Shares on the Muscat Securities Market (MSM) declined on weak market sentiment. The MSM30 Index fell by 0.14 per cent to end lower at 5,466.61...

Abu Dhabi/Kuala Lumpur: Abu Dhabi and Malaysia have reached a conditional agreement under which Malaysian state fund 1MDB will pay $1.2 billion to settle a...

Hong Kong: HSBC Holdings has been formally mandated as an adviser on the initial public offering of Saudi Arabia's national oil giant Saudi Aramco,...

Washington: The International Monetary Fund (IMF) has dropped its last year's pledge to fight protectionism after the meetings of finance ministers and...

Washington: India's Finance Minister Arun Jaitley has expressed disappointment over the slow pace of IMF quota reforms and said any further delay would...

New Delhi: The Indian economy will see an over three-fold expansion at $7.25 trillion by 2030 and clock an average growth rate of 8 per cent over the next...

Washington: Reducing inequality is necessary to ensure long-term and sustainable growth, the World Bank has said, asserting that while the global economy is...

Muscat: Galfar Engineering and Contracting Company has bagged a OMR17.79 million contract for building two transmission lines from Oman Electricity and...