Business

London: European refiners are cutting purchases of Iranian oil faster than expected as the US prepares to reimpose sanctions on Iran, threatening a more...

Oman's commercial banks extend OMR20.90b in credit in the first quarter of 2018 Muscat: Credit extended by commercial banks in the Sultanate in the...

London: Top oil exporter Saudi Arabia has boosted supply to 10.70 million barrels per day in June, close to a record high, a Reuters survey found on Friday,...

Washington: General Motors Co warned on Friday that higher tariffs on imported vehicles under consideration by the Trump administration could cost jobs and...

Muscat: Oman LNG celebrated the third anniversary of the establishment of Oman LNG Development Foundation (ODF). The first of July marks the start of the...

Tunis/London: Libyan oil production could face protracted disruption as factions in the east seek to seize control of crude exports, adding pressure to a...

Washington: US consumer prices accelerated in the year to May, with a measure of underlying inflation hitting the Federal Reserve's 2 per cent target...

Ottawa: Canada struck back at the Trump administration over US steel and aluminum tariffs on Friday, vowing to impose punitive measures on C$16.6 billion...

Muscat: Over 34,000 small and medium-sized enterprises were registered with Riyada as of the end of May. Oman TV reported "more than 34,000 small and...

London: European shares succumbed once again to trade tensions and political concerns on Thursday ahead of a tense European Union summit after the stock...