Business

Muscat: Six initial public offerings (IPOs) were floated in the Middle East and North Africa (Mena) region during the second quarter of 2016, collectively...

Mumbai: An economist by profession, Urjit Patel has his task cut out as the next Reserve Bank of Indai (RBI) Governor — to keep inflation under check...

Muscat: Oman Telecommunications Company (Omantel), the Sultanate’s premier telecoms provider, on Saturday announced the formation of a dedicated division...

Muscat: Oman’s government plans to build two major independent water desalination plants—one each in Muscat and the North Batinah region—to meet...

Muscat: The value of foreign direct investment (FDI) at the end of the second quarter 2015 stood at about OMR6.7 billion, the Ministry of Commerce and...

Cairo: A few years ago, Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised baby milk. But rising prices mean...

New York: The rotation to cyclical sectors of the S&P 500 and away from defensive stocks could continue next week if Federal Reserve chair Janet Yellen...

San Francisco: As Lyft was gauging interest from prospective acquirers, executives from Uber Technologies told investors in the past few weeks that the...

New York: Target is ending all business with Welspun India, one of the world’s biggest textile manufacturers, after saying the supplier was sending it...

Ankara: Turkey kept its investment grade credit ranking at Fitch Ratings, while the outlook was cut to negative from stable, as a failed coup attempt last...