Business

Dubai: Saudi Arabia's economy has slipped back into recession as the oil sector stagnates and the government sector is hit by austerity policies...

Zurich: UBS, the world’s largest wealth manager, is convinced its new online private bank needs to get bigger. Now it needs to work out how. The Swiss...

Frankfurt: Global sales of industrial robots rose by 16 per cent in 2016, driven by the electronics industry, and are expected to rise faster in 2017, the...

Amsterdam: Royal Dutch Shell is opening the first Chinese office of its venture capital fund and recruiting three local investment staff there to tap a...

Tokyo: Japan’s Financial Services Agency (FSA) said on Friday it has approved 11 companies as operators of crypto-currency exchanges, in a move that sets...

Washington: India has sharply increased its exposure to US government securities with holdings worth $135.7 billion at the end of July, official data...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to President Muhammadu Buhari of Nigeria on his country’s National Day. In his...

Muscat: A visit to a petrol station will now cost more than ever as fuel prices in Oman have reached historically high levels. Fuel prices for October...

Muscat: More than 268 projects were funded by the Oman Development Bank (ODB) in the Governorate of South Al Batinah from the beginning of 2017 till August,...

Muscat: A Memorandum of Understanding (MoU) was recently signed by the Duqm Development Company SAOC (Tatweer) with India’s Adani Ports and Special...