Business

Muscat: Gulf states are expected to generate revenues in excess of $25 billion per annum from the proposed value added tax (VAT) at the rate of 5 per cent,...

London: Oil prices surged to their highest since mid 2015 and US Treasury yields hit a more than two-year peak on Monday after the world's top crude...

Istanbul: Turkey’s economy unexpectedly shrank in the third quarter, led by a slump in consumption, in the most significant sign yet that July’s failed...

Muscat: Oman condemned on Sunday the terrorist attack on the Coptic Orthodox Church in Egypt which took place on December 11. The blast killed at least 25...

Muscat: A national plan should be formulated by the government to raise awareness about children’s rights, the head of Oman’s Public Prosecution has...

Muscat: Implementation of a notification system for absconding workers will be started by Ministry of Manpower after Tuesday. The system will be mandatory...

Cairo: State Council and Majlis Al Shura yesterday concluded their participation in meetings of the Arab Parliament at the headquarters of the Secretariat...

Muscat: Oman will slash its oil output as part of a production cut agreement hammered out by the Organisation of Petroleum Exporting Countries (OPEC) with...

Muscat: The Sultanate yesterday marked the Armed Forces Day, which falls on the 11th of December every year. Several celebrations were held to mark this...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to President His Highness Sheikh Khalifa bin Zayed Al Nahyan of the United Arab...