Business

Johannesburg: South Africa moved closer to a junk credit rating after Fitch Ratings changed the outlook on its assessment to negative from stable and warned...

Muscat: Combined assets of Omani banks touched OMR27.2 billion by the end of September 2016, according to the latest monthly bulletin released by the...

Athens: Greece’s battered banks are being asked to swap about €33 billion ($35 billion) in floating-rate bonds for 30-year, fixed-rate securities under...

Muscat: Oman’s exports for the first half of 2016 plunged 27.2 per cent to OMR4.96 billion from OMR6.82 billion in the same period last year. The decline...

London: Saudi Arabia pulled out of planned talks with non-Opec nations including Russia as disagreements about how to share the burden of supply cuts stood...

London: The biggest version of Airbus Group’s A350 wide-body jet made its first flight on Thursday, swelling the twin-engine model’s capacity as the...

London: Consumers and businesses increased their spending in the third quarter as the UK economy registered a resilient performance following the Brexit...

London: Global equities climbed on Friday, while the dollar retreated against major currencies as a pullback in U.S. bond yields prompted some investors to...

Muscat: Several Sultanate’s embassies across the world celebrated Oman’s 46 Glorious National Day on Thursday. In Beijing, Shaikh Dr Abdullah bin Saleh...

Manama: Chairpersons of the Shura councils, councils of representatives and national councils in the Gulf Cooperation Council (GCC) held their 10th meeting,...