Business

Washington: US job growth increased less than expected in April and the unemployment rate dropped to near a 17-1/2-year low of 3.9 per cent as some...

Palo Alto (California)/Washington: Two Federal Reserve officials who are currently voting members of the US central bank's rate-setting committee said...

Washington/Beijing: The Trump administration has drawn a hard line in trade talks with China, demanding a $200 billion cut in the Chinese trade surplus with...

Cairo: Egypt's non-oil private sector activity expanded in April for only the second time in 31 months, with output holding steady new export orders...

Dubai: State-owned Egyptian Electricity Holding Company (EEHC) is raising a syndicated loan of up to around $700 million with Credit Suisse and HSBC leading...

Riyadh: A slump in Saudi Arabia's economy cast a shadow over ambitious plans for reform this week as top officials met businessmen to discuss freeing...

London: Libya's National Oil Corp (NOC) is withholding Total's share of crude from the Waha concession as a dispute drags on over the French oil...

Muscat: The National Bank of Oman (NBO) signed a one-year partnership agreement with Etihad Airways giving the bank’s customers preferential rates on...

Riyadh: The Saudi government has finalised terms to transfer ownership of the kingdom's glitzy $10 billion financial district in Riyadh to the finance...

Muscat: Aramex, the leading global provider of comprehensive logistics and transportation solutions, reported a double-digit net profit growth of 13 per...