Economy

Muscat: Oman needs external financing to meet its deficit and to check sustained erosion in foreign assets, according to a leading financial institution....

Beijing: China's factory activity expanded faster than expected in February as domestic and export demand picked up, adding to signs that the global...

Muscat: An upward revision in corporate income tax and scrapping of tax concession for certain categories of corporate entities will help open up huge...

Tokyo: Japan’s industrial production fell for the first time in six months in January, raising questions about the sustainability of Japan’s...

Muscat: Oman is participating at one of the world’s largest annual food and hospitality events, Gulfood 2017, in Dubai, which started on Sunday. The...

Dubai: Oman aims to conduct a large US dollar bond sale this week that could exceed $2 billion, and also plans to issue dollar sukuk over the next few...

Dubai: Anwar Abdullah goes to work every day but he hasn’t been paid in five months. When prices for wheat, sugar and other staple foods spiked earlier...

Continuing with KPMG’s insights into the Oman Tax Law, this week, we seek to highlight the intricacies involved in the tax treatment of provisions made by...

Muscat: Oman’s total vehicle registrations fell by 19.5 per cent to 6,935 in January this year, against 8,612 units for the same month of 2016. The fall...

Muscat: A new customs duty of 0.5 per cent on bank notes imported by exchange houses and banks was withdrawn by the government within four days of...