Economy

Muscat: The Oman Oil Marketing Company announced the appointment of WorleyParsons Engineering Oman as the project management consultants for the Duqm Bunker...

Dubai: Iran's decision last month to unify official and free-market exchange rates to support the rial "is a step that goes in the right...

Beijing: Chinese President Xi Jinping's top economic adviser, Vice Premier Liu He, will meet a top-level US trade delegation in Beijing this week, the...

California: Apple Inc on Tuesday reported resilient iPhone sales in the face of waning global demand and promised $100 billion in additional stock buybacks,...

Washington: The US Treasury on Tuesday gave investors an additional month to divest or transfer their holdings in sanctions targets United Company Rusal...

Washington: US officials are pushing for quotas and "other restrictions" on steel and aluminum imports, a top trade official said on Tuesday after...

Detroit: Most major automakers on Tuesday posted lower new US vehicle sales for April as consumer demand continued to weaken and competition intensified...

Riyadh: Saudi Arabia is on track on to cut its budget deficit to 7 per cent of gross domestic product this year, Finance Minister Mohammed Al Jadaan said on...

Muscat: Oman represents a huge market for insurance providers, according to Arthur Cozad, CEO of Cigna Insurance Middle East, one of the largest firms of...

Muscat: More than 40 government and private bodies and more than 100 Omani companies and factories came together on Tuesday to explore and enhance business...