Business

Dubai: Saudi Arabia is transferring SR100 billion ($27 billion) to the sovereign wealth fund (SWF) to boost investments and diversify from oil. The funds...

Washington: The US economy grew faster than initially estimated in the third quarter, notching its best performance in two years, buoyed by strong consumer...

Muscat: His Majesty Sultan Qaboos bin Said has received a written message from His Majesty King Hamad bin Issa Al Khalifa of Bahrain inviting His Majesty to...

Muscat: It would be “unfair” on companies to scrap Oman’s No Objection Certificate (NOC) but it should be fair to both employer and employee, Shahswar...

Muscat: Bosses will have to interview and hire Omanis before getting work clearances for expatriate staff, under a new automated online system proposed by...

London: Oil retreated below $47 in New York after Opec officials failed on Monday to work out a compromise on a deal to cut production and boost crude...

Muscat: A framework agreement for value added tax is expected to be signed by the Gulf Cooperation Council (GCC) states shortly. “The GCC common VAT...

Muscat: Sayyid Hamoud bin Faisal Al Busaidi, Minister of Interior arrived in Saudi Arabia to lead the Sultanate's delegation in the 35th meeting of the...

Muscat: Oman’s real estate sales registered a massive 124.3 per cent growth for the first 10 months of 2016 to OMR7.6 billion, over the same period of...

Muscat: His Majesty Sultan Qaboos bin Said has received more cables of greetings from leaders of friendly countries and senior international personalities...