Economy

London: Qatar is considering investing in the $100 billion global technology fund formed by SoftBank Group Corp. and Saudi Arabia, according to people...

Dubai: Saudi Arabia is repaying debts to contractors after long delays that squeezed company finances and hurt investor sentiment, according to three people...

Cairo: Egypt has received a $2 billion deposit from Saudi Arabia, an Egyptian central bank official said, bringing it closer to securing a $12 billion loan...

Accra: The International Monetary Fund approved the release of a $116 million installment to Ghana after a review of economic and monetary reforms that are...

Dubai: Oman is planning to sell more of the dollar-denominated bonds it issued in June, according to two people with knowledge of the deal, as the Gulf...

Mumbai: The rupee reversed early gains and fell to a two-week low after a report India’s government may discuss a plan to devalue the currency. The trade...

Singapore: A Singapore-based shipping trust that operates container ships is asking creditors for leniency on about $253 million of debt, in the latest sign...

Paris: Orange SA said it is in talks with Iran’s Mobile Telecommunication Co. over potential cooperation, seeking expansion in the Middle Eastern country...

Muscat: Budget deficit of Oman surged ahead by 82.6 per cent to OMR3.5 billion for the first half of 2016, compared to the same period of last year mainly...

Muscat: Galfar Engineering and Contracting Company on Thursday said that the company has bagged a major contract to build a major fishing harbour at...