Economy

Muscat: The expanding Special Economic Zone in Duqm (Sezad) is expected to get a boost from the supply chain services contract awarded by BP to Sumitomo...

Geneva: Swiss watchmaker Swatch Group is quitting the annual Baselworld watch and jewellery trade fair, the NZZ am Sonntag newspaper reported on Sunday,...

Riyadh: Saudi Basic Industries Corp (Sabic), the world's fourth-biggest petrochemicals company, reported an 81 per cent leap in second-quarter net...

Dubai: Iran plans to offer price and tax incentives to private investors to take over idle state projects and help boost the economy, state media reported...

Mexico City/Ottawa: Canada, the European Union, Japan, Mexico and South Korea will meet in Geneva next week to discuss how to respond to threats by US...

Muscat: Dedicated to provide the highest levels of convenience for its customers, Oman Oil Marketing Company signed an agreement with Thawani Technologies...

Muscat: The number of new small and medium enterprise (SME) registrations in Oman stood at 3,059 in the first half of 2018, down from 4,778 new...

Muscat: The number of commercial activities in different parts of the Sultanate, which was registered with the Ministry of Commerce and Industry (MoCI)...

Muscat: The combined balance sheet of conventional and Islamic banks and windows (other depository corporations) taken together provided a complete overview...

Muscat: The economic recovery in the Sultanate is gaining traction, as domestic demand improves and market sentiment becomes more conducive to growth. Also,...