Economy

Dubai: The Omani government has sold a $6.5 billion bond, its largest ever, in a sign of how rising oil prices are increasing investor confidence in the...

Muscat: Investors have sought permission from Oman governent for establishing 24 projects with a combined investment of OMR1.5 billion. These projects are...

Algiers: Algeria has banned the import of 900 products including cell phones, household appliances and vegetables in a bid to cut spending following a drop...

Washington: The global economy is set to expand by 3.1 per cent in 2018, slightly up from 3 per cent last year and marking the first year since the 2008...

Muscat: Oman National Investments Development Company (Tanmia) has signed an agreement with Awasr to acquire a 32 per cent stake in the Omani based...

Muscat: Oman will appoint local energy auditors to support government’s energy efficiency objectives, which is in line with the Authority for Electricity...

Muscat: The inflation rate in the Sultanate increased by 1.7 per cent in December 2017, compared with the same period in 2016, according to the latest data...

Muscat: Salalah Port Services has posted an 8.6 per cent fall in net profit at OMR5.23 million for 2017, against OMR5.73 million posted for the previous...

Muscat: Taageer Finance, one of the leading non-banking finance companies (NBFCs) in Oman, has become the financial institution to launch a mobile app –...

Hong Kong: China's Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that...