Economy

Muscat: Oman National Investments Development Company (Tanmia) has signed an agreement with Awasr to acquire a 32 per cent stake in the Omani based...

Muscat: Oman will appoint local energy auditors to support government’s energy efficiency objectives, which is in line with the Authority for Electricity...

Muscat: The inflation rate in the Sultanate increased by 1.7 per cent in December 2017, compared with the same period in 2016, according to the latest data...

Muscat: Salalah Port Services has posted an 8.6 per cent fall in net profit at OMR5.23 million for 2017, against OMR5.73 million posted for the previous...

Muscat: Taageer Finance, one of the leading non-banking finance companies (NBFCs) in Oman, has become the financial institution to launch a mobile app –...

Hong Kong: China's Dalian Wanda Group is considering a Hong Kong listing for its sports assets as part of efforts to rationalise its portfolio that...

Seoul: South Korean financial authorities on Monday said they are inspecting six local banks that offer virtual currency accounts to institutions, amid...

Muscat: The recent growth in oil prices is expected to reduce deficit substantially this year, according to economists and market analysts. Oman government...

Beijing: China’s foreign exchange reserves rose to their highest in more than a year in December, blowing past economists’ estimates, as tight...

Philadelphia: The Federal Reserve should raise interest rates three times this year given the already strong economy will get a boost from tax cuts, and can...