Business

Sanya (China): China's Fosun International Ltd on Saturday launched its Atlantis Sanya luxury resort in a $1.74 billion bet that the sail-shaped...

Zhangjiakou (China): While auto workers in Germany and South Korea fight to save their jobs, one of China's youngest auto brands is gearing up to build...

Dubai: Saudi Aramco, the world's top oil company which is preparing to go public, said on Sunday it has appointed new members to its board including a...

Muscat: A team has begun inspecting factories to ensure regulations are followed to guarantee the lawful use of customs exemptions granted to industrial...

Muscat: The banking sector in the Sultanate continued to witness reasonable growth and supported the economic diversification initiatives including credit...

Duqm: The estimates point out that the value of industrial projects, which got the usufruct right (land lease contracts) in the Special Economic Zone in...

Muscat: The average price of Oman crude oil increased by 24.80 per cent at the end of March 2018 to reach to $62.9 per barrel compared with $50.40 a barrel...

Baghdad: Iraq failed to attract investment from the top global energy companies in its oil and gas exploration/development contract auction on Thursday,...

Muscat: The 40-year celebration of Oman National Engineering and Investment Company (ONEIC) was recently held, under the auspices of Abdullah bin Mohammed...

Paris: Libyan authorities were informed before French energy major Total closed a $450 million deal with Marathon Oil to take over the US firm's 16 per...