Economy

Tuesday 05/February/2019 13:41 PM

Google parent Alphabet hit by rising costs

San Francisco: Google parent Alphabet reported quarterly earnings beating Wall Street expectations on Monday, but shares slipped, with investors apparently...

Monday 04/February/2019 15:12 PM

Tourism: The Sultanate’s next chapter

Muscat: Oman’s tourism industry appears to be closely linked to the country’s long-term vision for economic growth and development—particularly in the...

Monday 04/February/2019 15:01 PM

MENA merger deal value soars to $10.9bn

Muscat: The Middle East and North Africa (Mena) region experienced a significant spike in deal value, reaching US$26.76 billion in 2018, compared with...

Monday 04/February/2019 14:51 PM

Muscat Fund's merger with Oryx Fund approved

Muscat: The unit holders of Muscat Fund have approved the merger of Muscat Fund with Bank Muscat Oryx Fund. The Oryx Fund shareholders also approved the...

Monday 04/February/2019 13:48 PM

Turkish inflation resumes rise in January

Ankara: Turkish inflation slightly surged 1.06 per cent in January from December after two months of slowdown, reaching an annual rate of 20.35 per cent,...

Sunday 03/February/2019 15:27 PM

New glass processing unit commissioned

Muscat: Al Tasnim Group has become the first company in the Sultanate to indigenously process glass on a massive scale at its premises in Misfah. On January...

Sunday 03/February/2019 15:22 PM

Mazoon Dairy marks a major milestone

Muscat: Mazoon Dairy Company, the flagship dairy project of the Sultanate, has marked a significant milestone in the agricultural and economic development...

Sunday 03/February/2019 13:58 PM

GM to lay off about 4,000 salaried workers

New York: General Motors is expected to lay off about 4,000 salaried workers under a reorganization announced late last year, a person familiar with the...

Sunday 03/February/2019 13:44 PM

US manufacturing rebounds in January: Survey

New York: US manufacturing activity bounced back in January amid a government shutdown and trade uncertainty that weighed on sentiment to a degree,...