Economy

Zurich/Berlin: Switzerland's Clariant and new anchor shareholder Saudi Basic Industries Corp (Sabic) will merge their high-performance materials...

Dubai: Saudi Arabia's Public Investment Fund (PIF) has agreed to invest more than $1 billion in Lucid Motors, adding to the emerging competition facing...

Beijing/Washington: China said on Tuesday that it has no choice but to retaliate against new US trade tariffs, raising the risk that President Donald Trump...

Washington: The development of Duqm Port and Special Economic Zone in Duqm (SEZD) is at the forefront of Oman’s efforts to transition to a post-oil...

Muscat: Investcorp, a leading provider and manager of alternative investment products, announced that its US-based real estate team recently acquired its...

Muscat: In preparation for the highly anticipated Oman Downstream Exhibition & Conference (ODEC) on April 15-17, 2019, the World Refining Association (WRA)...

Muscat: Shell Intilaaqah, in collaboration with the Public Authority for Small and Medium Enterprises Development (Riyada), successfully concluded the...

Muscat: Dubai and Abu Dhabi in the United Arab Emirates (UAE) could soon join London, New York and Hong Kong in the world’s top 10 global financial centre...

Muscat: The Special Economic Zone Authority of Duqm (Sezad), with the participation of a number of companies operating in Duqm on Monday, launched its...

London: Britain's economy will shrink if it leaves the European Union without a Brexit deal and it will suffer some damage whatever terms it agrees, the...