Economy

Dubai: Iran's rial traded near record lows against the dollar in the free market on Tuesday as Iranians tried to buy hard currency, fearing economic...

Cairo: Egypt's parliament passed a law on Monday regulating ride-sharing apps Uber and Careem, potentially ending a lawsuit that could shut them down in...

Beijing: China's exports rebounded more strongly than expected in April after a surprise drop the previous month, suggesting global demand remains...

Riyadh: Saudi Arabia's first quarter budget deficit stood at 34.3 billion Saudi riyals ($9.15 billion), around 18 per cent of the total gap forecast for...

London/Tokyo: Takeda Pharmaceutical agreed to buy London-listed Shire for £45.3 billion ($61.50 billion) on Tuesday after the Japanese company raised the...

Muscat: More than four-fifths (83 per cent) of respondents in a survey described Oman’s tax environment as competitive or very competitive on a global...

Muscat: Nafath recently concluded the second edition of “Mustadeem”, an initiative that sought to foster the renewable energy sector of Oman. Sponsored...

Muscat: Approximately 81.7 per cent of Middle East and North Africa (Mena) professionals agree that they ‘feel more productive’ during Ramadan,...

Muscat: The Public Establishment for Industrial Estates (PEIE) is participating in the 5th International Plastics, Rubber, Petrochemicals, Printing and...

Muscat: Oman Tourism Development Company (Omran), leading hotel developer and owner mandated to develop the Sultanate’s tourism industry, has on Monday...