Business

Sunday 22/July/2018 14:10 PM

Tariffs hurting global growth: IMF warns G20

Buenos Aires: The International Monetary Fund (IMF) warned world economic leaders on Saturday that a recent wave of trade tariffs would significantly harm...

Sunday 22/July/2018 13:33 PM

German industry groups warn US on tariffs

Berlin: German industry groups warned on Sunday, before European Commission President Jean-Claude Juncker meets US President Donald Trump this week, that...

Sunday 22/July/2018 13:05 PM

Egypt hikes gas prices by up to 75 per cent

Cairo: Egypt said on Saturday it was raising the price of natural gas for home and commercial use by up to 75 per cent, the latest move in an IMF-backed...

Saturday 21/July/2018 15:59 PM

Oman enjoys improved ranking in UN survey

Muscat: The Sultanate’s ranking in the United Nations eGovernment Survey 2018 has seen an improvement from 2016 figures. Oman is currently ranked 63 out...

Saturday 21/July/2018 14:34 PM

Oman government's revenues grow by 23.2%

Muscat: Government revenues in the Sultanate stood at OMR4.09 billion for the first five months of 2018, up 23.2 per cent over the same period last year,...

Saturday 21/July/2018 14:27 PM

Deposits in Oman's banks down slightly

Muscat: Aggregate deposits held in conventional banks stood at OMR18.9 billion in April 2018, down by 0.8 per cent from OMR19.1 billion a year...

Saturday 21/July/2018 14:02 PM

Russia wields oil stocks to boost output

Moscow: Russia used stocks held in tanks at its oilfields to help boost crude production in June, three industry sources told Reuters, in a sign of supply...