Business

Kuwait City: Compliance with a deal to cut oil output is at 94 per cent among Opec and non-Opec oil producers combined, Russian Energy Minister Alexander...

Kuwait City: Algeria’s energy minister supports extending global oil production cuts beyond June as he thinks the strategy is succeeding in reducing...

San Francisco: Uber Technologies Inc. is suspending its self-driving car programme after one of its autonomous vehicles was involved in a high-impact crash...

Muscat: Symtech Solar Mena said it has been appointed as the exclusive distributor and installer for the Symtech Solar Group in Oman and the MENA (Middle...

Muscat: Reflecting Islamic finance’s continued surge in popularity in Oman, Bank Nizwa reported its first net profit since its inception in...

Muscat: Oman Refineries and Petroleum Industries Company (Orpic) said that the capacity of its polypropylene plant will be raised to 340,000 tonnes of high...

Muscat: High per capita income and a strong government will boost a robust economic outlook and help Oman remain resilient in tough financial situation,...

Duqm: Duqm free zone has completed 16 per cent of the ninth five-year infrastructure projects, a senior official said. The five year plab is between 2016...

Muscat: A draft regulation for listing real estate investment trust (REIT) funds is ready and is awaiting final approval from certain ministries, such as...

Washington: New orders for US-made capital goods unexpectedly fell in February, but a surge in shipments amid demand for machinery and electrical equipment...