Economy

Dubai: Oman, the largest Arab oil producer that’s not an Opec member, raised $2.5 billion from its first international bond sale in almost two decades as...

Mexico: In another crucial backing for India's NSG bid, Mexico on Thursday supported "positively" and "constructively" its...

Tokyo: Asian stocks declined for a second day as the yen extended gains against the dollar, weighing on Japanese equities before a meeting of OPEC and a...

Mumbai: India’s government stayed mum on the fate of central bank Governor Raghuram Rajan as speculation over his future mounts. The rupee reversed gains,...

Mumbai: India’s rupee fell for a sixth day, the longest losing run since August, amid speculation the Federal Reserve will raise interest rates as early...

Riyadh: Saudi Arabia is considering using IOUs (I-owe-you) to pay outstanding bills with contractors and conserve cash, according to people briefed on the...

Dubai: Iraq’s possible loan accord with the International Monetary Fund (IMF) may unlock at least $15 billion in aid this year and next, central bank...

Volkswagen AG’s namesake car brand slumped to a loss in the fourth quarter as the emissions-cheating scandal tarnished its reputation and added costs to...

Muscat: The non-oil sector’s contribution to the economy grew by 4.7 per cent to reach OMR14.1 billion at the end of the three-month period ended...

Cairo: Egypt's war on black market currency traders is not going to plan. One month after a devaluation that was supposed to ease an acute dollar...