Economy

Dubai: State-owned Oman Gas Co. is working with a group of banks to raise a bridge loan of slightly over $1 billion, which will later be refinanced via a US...

Muscat: Adoption of technology and digital transformation are expected to complement, and not replace, personalised banking services in the future, an...

Muscat: Petroleum Development Oman (PDO) has unveiled a significant new employment commitment by sponsoring the vocational training of 1,500 Omani...

Mumbai : Walmart is in talks to buy a stake of more than 40 per cent in Indian e-commerce firm Flipkart, a direct challenge to Amazon.com in Asia’s...

Muscat: The food and beverage (F&B) sector in the Gulf Cooperation Council (GCC) states is expected to continue to grow at a healthy 7.1 per cent annually,...

Muscat: Winners of the Sultan Qaboos Awards for Industrial Excellence 2017-2018 said they would continue their efforts to increase production and extend...

Dublin: Ireland unveiled a 10-year capital investment programme on Friday that will continue to ramp up spending to ease bottlenecks in housing, health and...

Washington: US homebuilding rose to more than a one-year high in January, boosted by strong increases in the construction of both single- and multi-family...

Muscat: Duqm Refinery, a joint venture equally owned by Oman Oil Company and Kuwait Petroleum International, recently signed contracts with its engineering,...

Muscat: A major project to produce 30,000 tonnes of sebacic acid per annum in the Duqm free zone will be commissioned next month. The 100 per cent...