Economy

Washington: With the Federal Reserve virtually guaranteed to raise interest rates this week, investors are focused on how the US central bank characterizes...

Muscat: Oman's Capital Market Authority (CMA) provided more than OMR1.9 billion in funding to companies last year, an increase of 19 per cent compared...

Muscat: The inflation rate in the Sultanate, calculated in terms of consumer price index (CPI), rose marginally by 0.78 per cent in May 2018, over the same...

Muscat: Oman LNG has signed two contracts to build a new gas-driven engine power plant at their facilities in Qalhat, Sur. The contracts are essential for...

Ankara: The Turkish economy expanded 7.4 per cent year-on-year in the first quarter of 2018, official data showed on Monday, exceeding forecasts and giving...

Berlin: Europe will implement counter-measures against US tariffs on steel and aluminium just like Canada, German Chancellor Angela Merkel said on Sunday,...

Paris: French farmers have blocked access to oil depots and at least three refineries using tonnes of onions, wood and rubble as part of a three-day protest...

Muscat: The trade balance between India and Oman has increased over US$50,000 in favour of the Sultanate, data from an Indian government website has...

Muscat: Oman Drydock Company (ODC), a subsidiary of the government-owned holding company Asyad, will be organising a forum for local vendors and suppliers...

Muscat: Through its partnership with the National Aluminum Products Company (Napco), Oman’s largest aluminium provider, GlassPoint Solar, continues to...