Economy

Riyadh: The Saudi government has finalised terms to transfer ownership of the kingdom's glitzy $10 billion financial district in Riyadh to the finance...

Muscat: Aramex, the leading global provider of comprehensive logistics and transportation solutions, reported a double-digit net profit growth of 13 per...

Muscat: A number of printing and packaging companies said in their annual reports that they are optimistic about performing better this year, thanks to the...

Riyadh: Saudi Arabia has published draft rules for foreign insurers and reinsurers wanting to establish branches in the kingdom, in the latest attempt by...

Muscat: Oman emerged as one of the top countries in the GCC, with numerous award-winning projects, receiving five trophies in various categories. The UAE...

Muscat: A.M. Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) of National Life and General Insurance Company (NLGIC) to “bbb+” from...

Muscat: Companies have been advised to be pro-active in their preparation for the introduction of Value Added Tax (VAT) in the Sultanate. It had been...

Brussels: The European Commission proposed a bigger new multi-year budget on Wednesday that will trigger battles among member states over how to fill the...

Riyadh: Saudi Arabia's stock exchange will ensure the weighting of national oil giant Saudi Aramco in its main stock index is not too large when the...

Dubai: Lebanon needs to address its big fiscal deficit, work on structural reforms to help its economy grow and restructure key sectors such as electricity...