Economy

Muscat: The total credit granted by the banking sector in the Sultanate of Oman increased by 8.9 percent to reach OMR34.1 billion by the end of July...

Muscat: Abdullah Al Salmi, Executive President of the Financial Services Authority (FSA), announced the Authority’s plan to adopt a phased implementation...

Muscat: Minerals Development Oman (MDO), in collaboration with the Earth Sciences Consultancy Centre, has announced the commencement of production at the...

London: A delegation from the Public Authority for Special Economic Zones and Free Zones (Opaz), headed by Sheikh Dr. Ali bin Masoud Al Sunaidy, Chairman of...

New Delhi: India's long-term sovereign credit rating has been upgraded by Japan's Rating and Investment Information, Inc. (R&I) from 'BBB' to 'BBB+',...

New Delhi: The third round of negotiations for the India-New Zealand Free Trade Agreement (FTA) concluded successfully on Friday in Queenstown, New...

Abu Dhabi: Indian Union Minister for Commerce and Industry Piyush Goyal on Thursday said that India's trade negotiations with the US are showing...

Abu Dhabi: The Ministry of Commerce and Industry said that the Central Banks of India and the UAE are advancing strategic initiatives to enable bilateral...

Paris: Electricity consumption in the Middle East and North Africa (MENA) has soared in recent decades and is set to keep rising sharply, with a range of...

Muscat: Extending Al Maha’s relationship with Petroleum Development Oman, which has lasted for more than twenty-five years, the company’s Chief...