Business

Muscat: Omani government is focusing on the private sector to take forward the development process with additional investments to prop up economic activity,...

Muscat: Oman’s benchmark MSM30 Index remained stable at 5,827.70 points, a marginal gain of 0.05 per cent. The MSM Sharia Index closed at 865.28 points,...

Muscat: His Majesty Sultan Qaboos bin Said conferred Sultan Qaboos Order "First Class" on Professor Sir Magdi Habib Yacoub, in appreciation for...

Doha: Qatar National Bank, the biggest bank in the Middle East and Africa, is turning its focus to Southeast Asia for growth after hitting expansion goals...

London: Global banks in London may have to relocate 1.8 trillion euros ($1.9 trillion) of assets to the continent after Britain withdraws from the European...

New York: Yum China Holdings, the Asian fast-food company that was spun off from its US parent in October, topped earnings estimates in its inaugural...

London: UK labour-market pressure may be mounting, food-price inflation is returning and one Bank of England (BOE) policy maker is starting to voice...

Mumbai: India’s central bank signalled that its interest-rate easing cycle is coming to an end after unexpectedly leaving borrowing costs unchanged for a...

Zurich: ABB warned that global economic uncertainty is clouding the outlook of the Swiss maker of power grids as fourth-quarter profit came in below...

Sydney: Rio Tinto Group will pay a much higher dividend than expected and buy back $500 million of shares after the world’s second-biggest mining company...