Economy

Muscat: The economic recovery in the Sultanate is gaining traction, as domestic demand improves and market sentiment becomes more conducive to growth. Also,...

Muscat: The Port of Duqm Company (PDC), a 50:50 joint venture between the Omani government and Consortium Antwerp Port (CAP), has signed a 25-year usufruct...

New York: Twitter Inc on Friday said it lost 1 million monthly active users from the previous quarter and warned the closely watched figure could keep...

New York: Twenty-First Century Fox Inc said on Friday its shareholders voted to approve Walt Disney Co's $71 billion purchase of its film and television...

Washington: The US economy grew at its fastest pace in nearly four years in the second quarter as consumers boosted spending and farmers rushed shipments of...

Muscat: In collaboration with the Egyptian Ministry of Electricity and Renewable Energy, Siemens and its consortium partners, Orascom Construction and...

Muscat: Injaz Oman and leading investment group Oman International Development and Investment Company (Ominvest) recently signed an agreement to support and...

Muscat: Haya Water CEO Engr. Hussain bin Hassan Abdul Hussain recently visited the Wilayat of Masirah to follow up on the development of ongoing projects...

Milan: Former Fiat Chrysler chief executive Sergio Marchionne, one of the auto industry's most tenacious and respected auto chiefs, has died, succumbing...

Muscat: Oman’s hospitality market is expected to grow at a compound annual growth rate (CAGR) of 7.5 per cent to US$1 billion between 2017 and 2022,...