Business

Muscat: Natural gas production has started at Oman’s tight Khazzan gas field operated by BP, in partnership with the Oman Oil Company Exploration and...

New York: Oman’s Foreign Minister has urged the nations of the world to put aside their differences and unite in the name of world peace. Speaking at the...

Singapore: Boeing said on Friday it had increased its 20-year forecast for Southeast Asian demand by 460 aircraft, the largest jump of any global region, as...

Muscat: A section of Oman’s corporate sector is preparing the groundwork for creating systems and procedures to levy a value added tax (VAT) after the...

Frankfurt: Lufthansa is offering to pay 200 million euros ($239 million) to buy its insolvent smaller rival Air Berlin and is prepared to pay up to 100...

Berlin: Carmaker BMW plans to build its new 8 series model at its plant in the southern German town of Dingolfing from 2018, strengthening the site’s role...

Muscat: Oman’s market regulator Capital Market Authority (CMA) will host the 11th Middle East Healthcare Insurance Conference between September 26-27,...

Muscat: A land lease agreement was signed by an Indian company with Sohar Freezone to build a $300 million cotton yarn plant within the free zone area. The...

London: Germany’s Volkswagen (VW) is moving to secure long-term supplies of cobalt, a vital component of rechargeable batteries, as the group accelerates...

Ottawa: Talks to update the North American Free Trade Agreement (NAFTA) intensified on Saturday although US negotiators looked set to once again withhold...