Business

Muscat: As many as half of the businesses said they have not started any preparation for the proposed introduction of value added tax (VAT) in the Gulf...

Muscat: Oman government’s disinvestment of 49 per cent stake in state-owned Muscat Electricity Distribution Company (MEDC) by way of an initial public...

Muscat: His Majesty Sultan Qaboos bin Said has received a cable of thanks from President Tomislav Nikolic of the Republic of Serbia in reply to His...

Abu Dhabi: The profitability of airlines in the United Arab Emirates, one of the Middle East's two big aviation hubs, is expected to fall this year, the...

Kuala Lumpur: Petronas Chemicals, a unit of Malaysia’s state energy company, said it’s in talks with petrochemical firms from Asia and Europe to invest...

Tokyo: Toshiba is considering the sale of a majority stake in its Westinghouse nuclear unit as the company grapples with construction delays and a...

Detroit: Intel agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the US chipmaker...

London/Ankara: Iran's top cargo shipping company has held meetings in London to discuss a possible listing on the London Stock Exchange (LSE), but has...

Beijing: China is considering easing proposed quotas aimed at producing more electric vehicles, as Beijing gets pushback from the automotive industry over...

Beijing: China issued a raft of upbeat data on Tuesday showing the economy got off to a strong start to 2017, supported by strong bank lending, a government...