Business

Beijing: Oman’s Special Economic Zone Authority in Duqm (Sezad) and China-based Asian Infrastructure Investment Bank (AIIB) have signed a $265 million...

Brussels: Just as London appears to be coming round to the idea that it will need a temporary transitional agreement with Brussels to smooth its exit from...

Davos (Switzerland): The global economy is in better shape than it's been in years. Stock markets are booming, oil prices are on the rise again and the...

Mumbai: India’s richest man isn’t done yet. After plowing $25 billion into starting a national fourth-generation (4G) mobile network, billionaire Mukesh...

Bangalore: Amazon.com is having a hard time showing it understands the Indian market. The US retail giant has found itself at the centre of a social media...

New York: US shale is getting in the way of a New Year’s resolution by Opec to cut production and boost the market. Producers and merchants increased...

Seoul: A Samsung Electronics Co investigation into what caused some Galaxy Note 7 smartphones to catch fire has concluded that the battery was the main...

New Delhi: Wholesale inflation broke the three-month declining trend and rose to 3.39 per cent in December 2016, mainly due to rise in prices of...

Muscat: Omantel, the largest telecom service provider in Oman, has recorded a net profit for 2016 of OMR116.7m, a 140.6 per cent increase on the previous...

Muscat: Ten prisoners have been released from the Guantanamo Bay facility in Cuba and will “temporarily reside” in Oman, the Ministry of Foreign Affairs...