Business

New York: Opec has never taken supply cuts so seriously, and hedge funds are loving it. Investor optimism that West Texas Intermediate (WTI) oil prices will...

Muscat: Port Services Corporation’s board has recommended a cash dividend of 55 per cent of the paid up capital to the shareholders. This is subject to...

Warsaw: European Central Bank (ECB) officials are beginning to wonder how they’re going to tell the world when the end of the stimulus era is in sight. A...

Dubai: China National Petroleum Corp. (CNPC) bought a stake in Abu Dhabi’s largest oil concession as the Middle Eastern emirate with 6 per cent of global...

San Francisco: Snap takes to the road in London on Monday to promote its initial public offering with a daring proposition: that it can build hot-selling...

New York: US food company Kraft Heinz withdrew its proposal for a $143-billion merger with larger rival Unilever, the companies said on Sunday, raising...

New Delhi: The European Union on Monday pressed India to extend by six months its bilateral investment pacts with several EU-member countries which are...

Muscat: With high esteem and appreciation, Muscat prepares to receive His Majesty Sultan Qaboos bin Said’s guest, His Highness Sheikh Sabah Al Ahmad Al...

MUSCAT:His Majesty Sultan Qaboos bin Said yesterday issued a Royal Decree No. 9/2017 amending some provisions of the Income Tax Law, after the law had been...

Muscat: Oil producers across the Middle East and North Africa (Mena) region have been continuing to spend heavily on oil, gas and petrochemicals’...