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Muscat: The global sukuk market experienced a significant slowdown in issuance in the first half of 2018, as predicted by S&P Global Ratings in January. The...

Washington: ZTE Corp and the US government are still working on an escrow agreement that must be completed and funded with $400 million before a ban on the...

Shanghai: Asian stock markets bounced on Wednesday following a wobbly morning session that highlighted the lingering anxiety and uncertainty surrounding a...

Vienna: Saudi Arabia is struggling to convince fellow Opec members including Gulf allies on the need to raise oil output, sources familiar with the talks...

Vienna/Moscow: Iran said on Tuesday Opec was unlikely to reach a deal on oil output this week, setting the stage for a clash with Saudi Arabia and Russia,...

Muscat: After enduring a brutal 5-0 defeat at the at the hands of Russia, the 'Green Falcons' of Saudi Arabia will face Uruguay's fearsome...

Washington: The United States withdrew from the United Nations Human Rights Council on Tuesday accusing it of a "chronic bias against Israel", a...

Beirut: Syrian government forces and their allies will face "volcanoes of fire" if they launch a threatened offensive in the opposition-held...

Vienna: Global oil demand is set to stay strong in the second half of 2018, an Opec technical panel forecast this week, suggesting the market could absorb...

Muscat: Oman's crude oil and condensate production in May 2018 amounted to 30.03 million barrels, with a daily average of 969,000 barrels, according to...