Economy

Muscat: The real exchange rate of the Omani rial rose by 4.1 per cent to 103.5 points at the end of June 2018, compared to 102.1 points in the same period...

Muscat: The preliminary data for Sultanate’s national accounts indicate that nominal gross domestic product (GDP) grew by 8.7 per cent during 2017 as...

London: Global investors raised their equity holdings to four-month highs in August, favouring Japan, a Reuters poll showed on Friday, with two-thirds also...

Dubai: Middle East fund managers have become less positive towards equities in Saudi Arabia and Kuwait after Turkey's currency crisis triggered...

Muscat: The Locus Chain technology is the most government friendly blockchain in the world as it helps governments achieve the Sustainable Development Goals...

Muscat: With the introduction of the 5 per cent value-added tax (VAT) law in the UAE, companies today face the challenge of digitising and securing their...

London: Opec oil output has risen this month to a 2018 high as Libyan production recovered and Iraq's southern exports hit a record, a Reuters survey...

Muscat: Leading heavy oil professionals will gather on Monday in Muscat at the World Heavy Oil Congress & Exhibition (WHOC) to examine and deliberate how...

Muscat: Bank Nizwa partnered with Axis Bank, India’s third largest private sector bank, to provide its customers with fast, convenient, and competitive...

Buenos Aires: Argentina's beleaguered peso bounced back slightly on Friday after the central bank auctioned $250 million in dollar reserves and the...