Business

New York: Banks globally have paid $321 billion in fines since 2008 for an abundance of regulatory failings from money laundering to market manipulation and...

Singapore: Global natural disasters cost $520 billion of consumption loss annually, 60 percent larger than asset losses that are commonly reported, the...

Addis Ababa: Lenders are lining up to establish a presence in Ethiopia, one of Africa’s fastest-growing and most under-banked economies. Now they need the...

Sohar: Public Authority for Civil Defence and Ambulance (PACDA) marked yesterday at the International Maritime College Oman in the Wilayat of Sohar the...

Muscat: A portal for entities subjected to taxation was launched on Wednesday by the ministry of finance. The ministry, represented by the Secretariat...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has received the initial approval from the Capital Market Authority (CMA) to...

Muscat: Microsoft has announced the appointment of Samer Abu Ltaif as the president of its Middle East and Africa (MEA) region. Abu Ltaif, who joined...

Muscat: Galfar Engineering and Contracting Company on Wednesday denied rumours circulating on social media that the company has claimed OMR338 million from...

Kuala Lumpur: Saudi Arabian Oil Co. bought half of a Malaysian oil refinery and petrochemical plant as it prepares for what may be the biggest ever initial...

Toyko: Foxconn Technology Group will begin construction this month on a $9 billion display plant in southern China, as billionaire founder Terry Gou makes a...