Business

Brasilia: Brazil's worst-ever recession unexpectedly intensified in the final quarter of 2016, data showed on Tuesday, frustrating hopes for signs of a...

Dubai: Saudi Arabia is likely to reduce the amount of oil it burns to generate power this summer as the kingdom hikes domestic energy prices and uses more...

Beijing: China unexpectedly posted a rare trade deficit in February as imports surged far more than expected to feed a months-long construction boom, driven...

Caracas/Houston/New Delhi: Venezuela's state-run oil company, PDVSA, has spent at least a decade trying to build business ties and boost shipments to...

Cairo: Thirty joint Arab action issues were discussed at the 147th session of the Arab Foreign Ministers Council in which the Sultanate’s delegation was...

Jakarta: Oman expressed its appreciation of the achievements made by the Indian Ocean Rim Association (IORA) during the past 20 years and commended the...

Muscat: Ministry of Agriculture and Fisheries organised on Tuesday a meeting with private sector companies operating in the fisheries sector, especially...

Jakarta: Jusuf Kalla, Vice President of the Republic of Indonesia received on the sidelines of the Indian Ocean Rim Association (IORA) Summit yesterday Dr...

Muscat: Initial approvals for two sukuk programmes with a total size of OMR300 million have been given by the Capital Market Authority (CMA) recently, said...

Muscat: Oman’s central bank plans to float OMR450 million worth of government development bonds in separate issues to partly cover deficit in the...