Economy

London: A rise in oil prices caused by the United States' sanctions policies will hurt economic growth in China, Europe and other consumers, much like...

Cairo: The International Monetary Fund (IMF) maintained a favourable outlook for Egypt's economy in its third major review of the country's loan...

Muscat: Oman recorded a robust 27.2 per cent growth in total export revenue in the first quarter of 2018 compared with the same period last year, according...

Cairo: Yields on Egyptian debt have reached one-year highs in recent weeks on the back of an estimated $4-5 billion exit from the country's debt market,...

London: New US sanctions are likely to prevent the use of a Lloyd's of London IT platform for any Iran insurance, adding to difficulties for European...

Hong Kong/New York: The US Department of Commerce on Friday lifted a ban on US companies selling goods to ZTE Corp, allowing China's second-largest...

New York: Citigroup Inc is still on track to hit its goals for efficiency and revenue growth, executives said on Friday, as analysts pressed them to explain...

Washington: The Federal Reserve on Friday pointed to "solid" US economic growth during the first half of the year in its semi-annual report to...

Los Angeles: Chinese imports to US ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an...

Muscat: Bankers should stay one step ahead of fraudsters, V N Sethuraman, Executive, Banking Development Department at Central Bank of Oman (CBO), said. He...