Economy

Brussels: EU finance ministers agreed reforms to better fight against a financial crisis on Tuesday that fell short of the original ambitions to relaunch...

Muscat: Price change for consumer goods and services (excluding housing) in the Gulf Cooperation Council (GCC) countries rose by 4.6 per cent over the 12...

Muscat/Kenya: Oman’s largest cement manufacturer, Raysut Cement Company is eyeing acquiring ARM Cement of Kenya as part of the company’s aggressive...

Muscat: The aim of the merger between Oman Oil Company and Oman Refineries and Petroleum Industries Company (Orpic) is to ensure integration among the...

Vienna: Opec members and other oil-producing countries convene in Vienna this week to discuss lowering their output, as they scramble to buffer their...

Beijing: China will roll back tariffs on US-made cars, US President Donald Trump said, unveiling another potential breakthrough in a trade war truce that...

The Hague: Anglo-Dutch food giant Unilever said on Monday it is buying GlaxoSmithKline's health drinks portfolio in Asia for a total of $3.7 billion...

Buenos Aires: China and Argentina signed a $9 billion currency swap deal to boost the crisis-stricken South American country's foreign currency...

Muscat: Oil prices are expected to surge in the near future after Qatar announced it would leave the Organisation of Petroleum Exporting Countries...

Muscat: The Sustainable Energy Research Centre (SERC) at Sultan Qaboos University (SQU) and Rent-A-Port Green Energy (RAP-Green) signed a research and...