Business

Muscat: Oman will cut oil production by 45,000bpd following the Oil Prducing and Exporting Countires agreement with independent producers outside the...

Dubai: IranAir said it signed a deal on Sunday to buy 80 passenger planes from US aircraft maker Boeing, state news agency IRNA reported, in the biggest...

Muscat: On behalf of His Majesty Sultan Qaboos bin Said,His Highness Sayyid Asa'ad bin Tariq Al Said received Chris Pepani, Ambassador of the Republic...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of congratulations to President Uhuru Kenyatta of the Republic of Kenya on the occasion of his...

Muscat: A multinational strategic technology company, Nortal, and the Ministry of Finance of the Republic of Estonia, have signed a cooperation agreement to...

Muscat: Oman and other Gulf bourses have recovered on Sunday, the first day of trading after non-Opec oil exporters agreed to cut crude oil production by...

Mumbai: Abu Dhabi, the capital and the second most populous city in the United Arab Emirates (UAE), is expecting more than 20 per cent growth in Indian...

London: Glencore and Qatar’s sovereign wealth fund (SWF) are using 2.8 billion euros ($3 billion) in equity and $7.8 billion in financing from a bank...

London: Saudi Arabia signalled it’s ready to cut oil production more than expected, a surprise announcement made minutes after Russia and several...

Muscat: Oman Chamber of Commerce member, Ahmed Al Hooti, said that the rising oil prices should not make us complacent. “Even if the oil prices rise, it...