Economy

Muscat: Petroleum Development Oman (PDO) on Thursday marked the graduation of 471 young Omanis from company-sponsored training schemes to take up full-time...

London: British households turned increasingly cautious in the three months to September as they raised their spending at the slowest annual pace since...

Lisbon: Portugal's budget deficit was just 0.1 per cent of gross domestic product in the 12 months ending in September, putting the country on course to...

Washington: US consumer spending accelerated in November and shipments of key capital goods orders increased for the 10th straight month, data showed on...

Beijing/Shanghai: China's trade with North Korea edged up to $388 million in November but remained around its lowest levels this year, data showed on...

Muscat: Oman’s SME Development Fund (SMEF) plans to provide loans to the tune of OMR14.5 million next year to small and medium enterprises (SMEs). The...

Riyadh: Saudi Arabia will increase government spending next year and slow an austerity drive as it struggles to lift the economy out of recession in the...

Riyadh: The drawdown of the Saudi Arabian central bank's net foreign assets is likely to slow next year and in years to come, Finance Minister Mohammed...

Singapore/London: Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative...

Brussels: A free trade deal with the European Union similar to those it has with Canada and South Korea is the logical outcome of Britain's Brexit...