Business

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud of the...

Muscat: Oman’s crude oil production in November touched 28.88 million barrels, according to the official statistics released by the Ministry of Oil and...

Riyadh: Saudi Arabia will increase government spending next year and slow an austerity drive as it struggles to lift the economy out of recession in the...

Riyadh: The drawdown of the Saudi Arabian central bank's net foreign assets is likely to slow next year and in years to come, Finance Minister Mohammed...

Singapore/London: Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative...

Brussels: A free trade deal with the European Union similar to those it has with Canada and South Korea is the logical outcome of Britain's Brexit...

Washington: US single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been...

Athens: Greek lawmakers on Tuesday approved by majority the country's 2018 budget, which the government said would be the last under bailout terms which...

Tokyo: Business confidence among Asian companies rose in October-December to the highest in almost seven years due to robust consumption and global trade, a...

Tokyo: Asian shares bobbed lower in a choppy session on Wednesday, hobbled by Wall Street's losses as the long-awaited US tax reform bill wound its way...