Business

Manila: Incoming Philippine central bank governor Nestor Espenilla vowed on Tuesday to strengthen oversight of the financial system to protect it from...

Beijing: China's April producer price inflation cooled more than expected in a sign manufacturing activity may be losing momentum along with other...

Cairo: Egypt's annual urban consumer-price inflation hit a three-decade high in April, adding pressure on the government to lower prices before the holy...

Shanghai: Shanghai stocks surrendered gains to end at their lowest since mid-October, after producer price inflation cooled more than expected and worries...

Muscat: A range of economic issues and cooperation in the field of trade, investment and economy were discussed during the 10th session of the Omani-Turkish...

Nicosia: President Nicos Anastasiades of Cyprus received at the Republican Palace Khalid bin Hilal Al Ma'awali, Chairman of Majlis Al Shura and his...

Muscat: Al Madina Real Estate has signed a Memorandum of Understanding (MoU) with the ICM Maltauro Group, an Italian conglomerate with interests in...

Muscat: Officials have warned against using the Sultanate Logo or the Royal Emblem without a licence, in an official statement issued on Tuesday. Khamis bin...

Muscat: Two of Oman’s cement producers—Raysut Cement Company and Oman Cement Company—have formed a new cement firm. The new joint venture company,...

Hong Kong: Oman is seeking a $3.6 billion five-year bullet term loan from Chinese banks, banking sources said. Oman’s finance ministry is self-arranging...