Economy

Dubai: Iran's economy is starting to recover more rapidly from years of international sanctions but the country urgently needs to shore up its banks, a...

Tokyo: Japan's trade surplus fell sharply in November, the government said Monday, as the rising cost of oil and smartphone imports outweighed strong...

Beijing: China opened a major economic planning conference on Monday as the country tries to pivot away from its no-holds-barred growth model. The annual...

Seoul: South Korea’s trade ministry said on Monday it had reported to parliament a plan to renegotiate the 2012 free trade agreement (FTA) with the United...

London: British Prime Minister Theresa May will pitch her plan for a Brexit transition period with unchanged access to European Union markets when she...

Muscat: Sohar port was awarded the Best Dry Bulk Port at the IBJ Awards in Amsterdam recently, according to a statement from the port authorities. One of...

Muscat: Oman Food Investment Holding Company (OFIC), the investment arm of the government that aims to achieve food security by investing in food processing...

Muscat: The insurance markets in Oman and the United Arab Emirates are anticipated to grow at the fastest annualised average pace of 12.1 per cent between...

Muscat: Kalyan Jewellers, one of the leading jewellery brands in the GCC and India, has announced that it will open three showrooms as part of its foray...

Muscat: The Public Establishment for Industrial Estates (PEIE) concluded its extensive promotional campaign in India on Sunday as a delegation from PEIE...