Economy

Muscat: Oman’s central bank raised OMR45 million by way of allotting treasury bills on Tuesday. The treasury bills are for a maturity period of 91 days,...

Cairo: Egypt's non-oil private-sector business activity grew slightly in June compared to May, but remained in contraction with reductions in output and...

Airo: Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity subsidy cuts, the International...

Muscat: ACWA Power on Sunday inaugurated its 120MW Khalladi wind farm in Tangier, which is expected to supply clean power at competitive prices to a number...

Cairo: Egypt's first smartphone maker is looking to capture 17 per cent of the country's market by 2020, up from 2.7 per cent, its chairman said, as...

Dubai: Etihad Airways is reorganising into seven business divisions and group CEO Tony Douglas is taking over direct responsibility of the airline business...

Istanbul: Turkish consumer price inflation jumped to a 14-year high in June, official data showed on Tuesday, driving the lira down and putting pressure on...

Amsterdam/Hong Kong: Russia and emerging markets telecom operator Veon is to sell its stake in Italian mobile network Wind Tre to partner CK Hutchison , in...

Washington/Brussels: US President Donald Trump warned the World Trade Organization on Monday that "we'll be doing something" if the United...

Washington: The US Chamber of Commerce on Monday denounced President Donald Trump's handling of global trade disputes, issuing a report that argued...