Business

Doha: Qatar Petroleum plans to merge two petrochemical units in its latest consolidation of businesses, as the world’s fourth-biggest oil and natural gas...

Muscat: Oman’s insurance companies have posted a 1.9 per cent growth in gross direct premium income at OMR454.64 million in 2016, from OMR446.18 million...

London: Finnish company HMD Global Oy unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile...

Dubai: Oil will stabilise around $55 to $65 a barrel as OPEC fulfills its agreement to cut output, with stockpiles and shale production keeping prices from...

Shanghai: China's blue chips posted their biggest single-day loss in two months on Monday after the securities regulator vowed to step up its campaign...

Muscat: Raysut Cement Company, the Sultanate’s biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had...

Beijing: China’s top economic planner is investigating whether speculation has distorted commodity futures prices, due to concerns that the recent rally...

Muscat: Oman is participating at one of the world’s largest annual food and hospitality events, Gulfood 2017, in Dubai, which started on Sunday. The...

Seoul/Singapore: Korean Air Lines Co. is in talks with Delta Air Lines Inc. for a joint venture in a move that would give the second-largest U.S. carrier a...

Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has signed a financing agreement with the Drug Manufacturing Company (DMC) for...