Business

New Delhi: India is exploring setting up a new payments mechanism for trade with Iran, after its old sanctions workaround broke down, as state banks remain...

Muscat: Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council received in his Office yesterday Vladimir Makei, Minister of Foreign Affairs of...

London: Oil prices climbed on Tuesday, helped by expectations that an Opec-led output cut would be extended beyond June but gains were pegged back by...

Dubai: Dubai’s government-owned utility completed a 200-megawatt power plant one month ahead of schedule as part of a plan to build the world’s largest...

Muscat: Total credit extended by Omani banks, including Islamic financial institutions, grew by 8.9 per cent year-on-year to OMR22.1 billion by the end of...

Muscat: Dividend conversion in large caps and ex-conversion trading in Bank Muscat dragged down the MSM30 Index by 0.72 per cent, before closing at 5,629.93...

London: Britain’s largest property brokers are cutting jobs, closing branches and raising capital even as homes sell for record amounts. While some...

Muscat: Small and medium enterprises have the opportunity to gain much needed marketing and promotional support as the third Entrepreneurship Award was...

Amsterdam: Four Dutch provincial governments said on Monday they were opposed to a takeover of paints and coatings maker Akzo Nobel due to potential job...

Berlin: The German government's panel of economic advisers on Monday rejected international criticism of the country's large current account surplus...