Business

Cairo: Egypt is looking to ramp up petroleum production over the next two years, aiming to reduce fuel imports to about 10 per cent of total consumption...

Frankfurt: German utility RWE said it had received its first cargo of liquefied natural gas (LNG) from Qatargas late last month under a seven and a half...

St Petersburg, (Russia): The state-backed Russian Direct Investment Fund (RDIF) would welcome Saudi investments in Russia's largest oilfield services...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to Queen Margrethe II of Denmark on the occasion of her country's...

Muscat: As part of its ongoing business strategy, Ericsson in Market Area Middle East and Africa has announced the appointment of Wojciech Bajda as Head of...

Rome: A consortium led by India's JSW Steel raised its bid for Italy's troubled Ilva steel plant, a statement said on Saturday, in a challenge to a...

Berlin: Midway through their news conference in Berlin last month, French President Emmanuel Macron turned to German Chancellor Angela Merkel and laid out a...

New Delhi: The Reserve Bank (RBI) is likely to maintain status quo at its monetary policy review on Wednesday as it would like to gauge the impact of GST...

Muscat: Oman's insurance companies have achieved a 3 per cent growth in gross direct premium at OMR134.7 million in the first quarter of 2017, against...

Cancun, (Mexico): Air travel is heading for a bumper year, but global airline leaders meeting in Mexico are concerned about the impact of an escalating row...