Business

Muscat: The Central Bank of Oman (CBO) issued Government Treasury Bills (issue number 25) worth of OMR82 million this week. The bills will have a maturity...

Hong Kong: China will likely avoid a financial crisis and is on track to reach high income status by 2027, according to a new Morgan Stanley report on the...

Islamabad: Zada Khan, Head of Protocols Department in the Pakistani Ministry of Foreign Affairs received a copy of credentials of Sheikh Mohammed bin Omar...

Beijing: China’s producer prices increased the most since 2011, with the world’s biggest exporter further lifting the outlook for global...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Gurbanguly Berdimuhamedow of Turkmenistan on being re-elected as...

Dubai: Saudi Arabia told Opec that it cut oil production by the most in more than eight years, going beyond its obligations under a deal to balance world...

Muscat: United Nations Secretary General António Guterres and his accompanying delegation arrived on a one-day visit to the Sultanate. The United Nations...

Tokyo: Toshiba says it expects to book a 712.5 billion yen ($6.3 billion) writedown in its nuclear power business, citing cost overruns at a US unit and...

Frankfurt: German growth accelerated less than anticipated in the fourth quarter as strong fundamentals in Europe’s largest economy were countered by...

Dubai: Tesla is expanding to the United Arab Emirates (UAE), making a move to sell its pricey electric cars in one of the world’s largest oil-producing...