Economy

Muscat: The Extraordinary General Meeting of Oman Telecommunications Company (Omantel), was held at the company’s headquarters on Thursday. It was...

Washington: New orders for key US-made capital goods rebounded more than expected in February after two straight monthly declines and shipments surged,...

Brussels: British Prime Minister Theresa May welcomed the approval by European Union leaders on Friday of a transition period to help business adapt after...

Tripoli: Libya's telecoms utility has been reunified after years divided by conflict and is starting work on projects worth $1.7 billion to improve...

London: GlaxoSmithKline (GSK) has withdrawn from the race to buy Pfizer's consumer healthcare business, the British company said on Friday, endangering...

Beijing: The United States has flouted trade rules with an inquiry into intellectual property and China will defend its interests, Vice Premier Liu He told...

Muscat: Omani hospitality company, Al Zaman Hospitality, a subsidiary of Al Zaman Group, acquires controlling stake in Swiss coffee house chain Kaffee...

Berlin: Germany will pile no new debt over the next four years, Social Democrat Finance Minister Olaf Scholz said on Thursday, sticking to the strict fiscal...

London: The dollar dropped to a one-month low against a basket of currencies on Thursday after the Federal Reserve issued a forecast for future policy that...

Muscat: Orpic Logistic Company, a joint venture between Oman Oil Refineries and Petroleum Industries Company (Orpic) and CLH officially inaugurated on...