Business

Muscat: Capital expenditure of Duqm Refinery’s 230,000 barrels per day-capacity refinery has been scaled down to $5.65 billion, from an earlier estimate...

Muscat: Shares on the Muscat bourse declined on lack of buying support even at lower levels. The MSM30 Index had a negative session with a loss of 0.78 per...

Muscat: Travelex, the world’s leading foreign exchange specialist, has been appointed as one of the foreign exchange (forex) providers at the new Muscat...

Abu Dhabi: The United Arab Emirates and Saudi Arabia will introduce value-added tax (VAT) next January but other countries in the six-nation Gulf...

Muscat: Bahrain's GFH Financial Group (GFH) on Tuesday announced that it has completed the acquisition of $1.2 billion infrastructure portfolio in...

Ottawa: Canada laid down a tough line ahead of talks on modernising Nafta on Monday, suggesting it could walk away if the United States pushed to remove a...

Lisbon: Portugal's economy grew 2.8 per cent in the second quarter from the same period a year ago, maintaining its highest growth rate in a decade...

San Francisco: A US federal judge on Monday ruled that Microsoft's LinkedIn unit cannot prevent a start-up from accessing public profile data, in a test...

Shanghai: Chinese shares closed higher on Tuesday, but weakening sentiment ate away at gains from the morning session, even as stronger profits at...

Berlin: Strong household spending, rising state expenditure and higher company investments consolidated Germany's role as the euro zone growth engine in...