Business

Paris: The European Union will respond to any US move to raise tariffs on cars made in the bloc, a senior European Commission official said, the latest...

Vienna: Opec agreed with Russia and other oil-producing allies on Saturday to raise output from July, with Saudi Arabia pledging a "measurable"...

Muscat: Oman's Ministry of Foreign Affairs (MOFA) has condemned the bombing in Addis Ababa, that targeted a rally taken out by Ethiopian Prime Minister...

Muscat: Civil Defence doused a house fire in Barka on Saturday. The Public Authority for Civil Defence and Ambulance reported "firefighting teams from...

Washington: President Donald Trump on Friday threatened to escalate a trade war with Europe by imposing a 20 per cent tariff on all US imports of European...

Muscat: Private deposits at commercial banks in the Sultanate at the end of the first quarter in 2018 witnessed a slight decline by 0.77 per cent to...

Muscat: Subscription for 57th issue of government development bonds (GDBs) will close on Monday. The Central Bank of Oman (CBO) had issued a statement on...

Muscat: The Public Authority for Investment Promotion and Export Development (Ithraa) will organise its second economic evening for 2018 on Tuesday at the...

New Delhi: India is looking to revive a rupee trade mechanism to settle part of its oil payments to Iran, fearing foreign channels to pay Tehran might choke...

Muscat: Foreign Direct Investment (FDI) in the Sultanate rose by 15 per cent, to OMR9.34 billion in 2017, from OMR8.09 billion in the fourth quarter in...