Business

Dubai: Distressed debt opportunities are increasing across the Middle East and Africa as companies struggle with slumping currencies and tighter government...

Singapore: India's largest stock exchange is getting ready for a listing it has fought long and hard to avoid: its own. While some long-time investors...

San Francisco: Bill Gates and more than a dozen of the world’s wealthiest individuals revealed a new $1 billion investment fund late on Sunday to foster...

London: Executives of 21st Century Fox and Sky are working with their advisers to nail down final terms of an 11.2 billion-pound ($14.1 billion) deal that...

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...