Business

Ulaanbaatar: Japan has committed $850 million in loans to Mongolia as part of a bailout to help rescue the country's struggling economy, Mongolia's...

Tokyo: Toshiba's troubled US nuclear unit Westinghouse filed for Chapter 11 protection from creditors on Wednesday, as its Japanese parent seeks to...

Dubai: Growth in Saudi Arabian bank lending almost halted in February, central bank data showed on Tuesday, with companies holding back from investment in...

London: Oil production from the western Libyan fields of Sharara and Wafa has been blocked by armed protesters, reducing output by 252,000 barrels per day...

London: BP plans to sell more refineries without investing in new plants despite growing oil production and will focus on modernising existing operations...

Amman: Sheikh Mohammed bin Rashid Al Maktoum, Vice President of the United Arab Emirates (UAE), Prime Minister, Ruler of Dubai received at the Jordanian...

Muscat: A draft law on the organisation and protection of Aflaj sites listed on the World Heritage List was reviewed by the State Council on Tuesday. The...

Johannesburg: Oman and South Africa held trade talks including projects of storing and re-exporting foodstuff from and to Sohar Port, as well as the...

Muscat: Omani companies can register themselves online from August, officials announced after an agreement was signed between Data Park and the Oman Chamber...

Muscat: A comprehensive privatisation programme for state-owned companies and standalone investment banks are pre-requisites for developing a vibrant...