Economy

Washington DC: The global economy is expected to expand by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout...

Muscat: Oman’s central bank has announced issue of government development bonds to the tune of OMR100 million. The issue, which will have a maturity of 3...

Beijing: China's cross-border e-commerce transactions are estimated to reach 20.5 trillion yuan (about US$3.15 trillion) in 2022, according to a report.The...

Washington: US trade officials have announced plans to impose additional tariffs on certain European Union products, including aircraft components and wines...

Brussels: EU and UK Brexit negotiators have tentatively agreed a free trade deal after nine months of negotiations, two senior EU diplomats told DW on...

London: The Port of Felixstowe on England's eastern coast has for months struggled to process thousands of shipping containers delivering vital goods for...

New Delhi: Moody's on Thursday raised India's GDP forecast for the calendar year 2020 upwards to -8.9 per cent contraction from -9.6 per cent contraction...

Muscat: Oman’s central bank raised OMR48 million by way of allotting treasury bills on Tuesday.The treasury bills are for a maturity period of 91 days,...

Muscat: The value of goods re-exported from Oman amounted to more than OMR8 billion between 2016 and the first half of 2020, according to government...

Muscat: The ongoing COVID-19 pandemic is likely to affect the final implementation date of VAT, which may have been much earlier in 2021, according to a tax...