Business

Muscat: A recovery in crude oil prices and prudent economic policies of the Oman government have resulted in a marked drop in the country’s budget deficit...

London: Saudi Arabia is making good on promises to curtail oil shipments to the United States with the likely intention to drain visible inventories and...

Muscat: More than $200 billion investment is needed by countries in the Middle East and North African region for developing renewable energy projects that...

Muscat: Xpress Money, one of the world’s most dependable money transfer brands, has partnered with TerraPay to enable real-time international money...

London/Dublin: Bank of America on Friday became the first Wall Street lender to pick Dublin as its new base for its European Union operations as Britain...

New York: General Electric's (GE’s) shares dropped sharply on Friday after it posted a 59-per cent decline in second-quarter profit and put off an...

London: For all the talk of world economies rising in sync, there does not seem to be an abundance of optimism about how long it will last. Tucked away in...

Mumbai: India's richest man Mukesh Ambani on Friday announced the launch of a 4G-enabled feature phone priced at "effective" zero that bundles...

Houston/Washington: The United States is considering financial sanctions on Venezuela that would halt dollar payments for the country's oil, according...

Muscat: Dubai Mercantile Exchange (DME) said that Oman oil price (September delivery 2017) reached $48.37. The DME statement on Thursday said that the price...