Business

Monday 03/July/2017 14:39 PM

Consumers expect augmented and virtual reality to merge with physical reality

Muscat: Ericsson has published its latest ConsumerLab report–Merged Reality– revealing insights into how consumers expect virtual reality (VR) and...

Monday 03/July/2017 14:28 PM

Octal’s recycling capacity to touch 90,000 metric tonnes by 2017-end

Muscat: Octal has announced that its recycling capacity for polyethylene terephthalate (PET) resin, bottles, pre-form and sheet flakes will exceed 90,000...

Monday 03/July/2017 13:48 PM

Printing money would trigger painful recession in South Africa

Johannesburg: South Africa risks slipping into a long and painful economic recession if the central bank is forced to abandon its policy of reducing...

Monday 03/July/2017 13:35 PM

Falling food prices drag Turkish inflation lower in June

Istanbul: A decline in food prices dragged Turkish inflation lower in June, official data showed on Monday, with the 10.9 percent annual rise in the...

Monday 03/July/2017 12:57 PM

Asia manufacturing picks up in June but momentum seen slowing

Singapore: Manufacturing activity in Asia's tech producing economies expanded in June, helped by growing global demand for electronics products, but...

Monday 03/July/2017 12:52 PM

China blue-chip stocks down, growth and regulatory fears linger

Shanghai: China's blue-chip stocks fell in thin trading on Monday, as investors were cautious at the start of the mid-year earnings season amid...

Sunday 02/July/2017 22:38 PM

Oman’s envoy to UAE presents credentials

Abu Dhabi: Sheikh Mohammed bin Rashid Al Maktoum, Vice -President of U.A.E, Prime Minister and Ruler of Dubai received at the Presidential Palace in Abu...

Sunday 02/July/2017 22:32 PM

Royal Decree announces New Animal Welfare Law for Oman

Muscat: A new Animal Welfare Law has been announced by Royal Decree, detailing the humane treatment of animals in the Sultanate. A Royal Decree has...

Sunday 02/July/2017 22:26 PM

Royal Decree announces new rail project in Oman

Muscat: A new railway project has been announced by Royal Decree, to connect Haima to Thumrait. The newly released Royal Decree, 24/2017, details the...

Sunday 02/July/2017 17:50 PM

Orpic appoints general manager, technical services

Muscat: Oman Oil Refineries and Petroleum Industries Company (Orpic) announced the appointment of P.S. Moorthy as its general manager, Technical Services,...