Business

Muscat: Oman’s economy has achieved a robust 12.3 per cent growth rate to OMR13,001.4 million for the first half of 2017, mainly driven by a marked growth...

Muscat: Duqm Quarries Company has received the right to manage and operate the quarrying and mining sector in Duqm special economic zone area. Eng. Ali bin...

Khobar, (Saudi Arabia): National oil firm Saudi Aramco plans to set up a construction company with local and international partners to build non-oil...

New York: General Electric's new chief executive vowed on Friday to shed more than $20 billion worth of assets and hold executives accountable for...

London/Montreal: A deal giving Airbus a controlling stake in Bombardier's CSeries jets should lead to extra work for the Canadian planemaker's...

Tokyo: For Bank of Japan (BOJ) Governor Haruhiko Kuroda, Sunday's general election has brought into focus the challenge of unwinding a massive stimulus...

Frankfurt: Not for the first time, European Central Bank (ECB) President Mario Draghi is facing a tricky balancing act. With the euro zone economic recovery...

Brussels: German Chancellor Angela Merkel, in a markedly positive response on Friday to an EU summit appeal by Prime Minister Theresa May for help with...

Washington: President Donald Trump is considering nominating Federal Reserve Governor Jerome Powell and Stanford University economist John Taylor for the...

Beijing: China's economy is on track to meet the official growth target for 2017, the head of the state planning agency said on Saturday. "We...