Economy

Hong Kong: Baidu posted revenue that topped analysts’ estimates as the Chinese Internet search provider’s investments in mobile begin to bear fruit and...

Muscat: Oman’s Sohar refinery and polypropylene plant will undergo a major planned turnaround or maintenance activity for two months from February 23 and...

Muscat: A joint venture (JV) between Omani investors and an Indian entrepreneur plans to build the world’s biggest plant for Sebacic acid in the Duqm free...

Muscat: Omani industry managed to achieve reasonable growth in financial results last year, despite competition from outside the country. Several...

Washington: The cost of living in the US excluding food and fuel increased in January by the most in more than four years, reflecting broad-based gains that...

Dubai: Saudi Arabia's financial markets barely blinked on Thursday after its debt was downgraded — a sign that a charm offensive by Saudi economic...

New York/London: When the US Federal Reserve's newest policymaker Neel Kashkari dropped a bombshell with a call to break up big banks on Tuesday, it was...

Frankfurt: Too much inflation, at least for a short time, could be a good thing for the European Central Bank (ECB). An official account of the central...

Muscat: Muriya Tourism Development Company, the Sultanate’s leading integrated tourism project developer, plans to invest $500 million for completing...

Dubai: Saudi Arabia is easing rules on bank lending to stimulate growth in the largest Arab economy, two people with knowledge of the matter said. Banks...