Business

Berlin: Siemens employees protested in various German cities on Friday against the company's proposal to cut 6,900 jobs, which a senior Siemens official...

Dubai: A London High Court judge has ruled in favour of creditors in a dispute over whether United Arab Emirates energy company Dana Gas must repay $700...

Muscat: Muscat City Desalination Company (MCDC), which is opening its initial public offering on Sunday, said the company plans to offer a projected...

Muscat: ACWA Power Barka has signed three agreements with government entities to extend its licence until December 2021, the company said. These amendment...

London: Britain will soon repay a decades-old debt of over 400 million pounds ($527 million) to Iran, the Iranian ambassador said on Friday, adding that the...

Muscat: Omani banks, including Islamic institutions, achieved a year-on-year growth of 5.7 per cent in total credit at OMR23 billion by September-end this...

Muscat: Leading brokerage houses in Oman have backed the initial public offering of National Life and General Insurance Company, which will close...

Riyadh: Saudi Arabian investment firm Kingdom Holding plans to sell its stakes in the Moevenpick Hotel and Four Seasons Hotel in Beirut, sources familiar...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to Prince Albert II of Monaco on the occasion of his country's National...

Bonn: The world will still have a surplus of oil by end-March next year, Saudi Arabia's energy minister said, signalling a willingness to extend output...