Business

MUSCAT: Fuel stations are being redesigned to reflect the hard reality of consumer choice in Oman as drivers tighten their belts and opt for cheaper fuel. A...

Jeddah: After decades of government-led growth, Saudi Arabia is handing over much of the responsibility for the economy to private firms — a prospect...

Dubai: Microsoft has opened its largest centre of excellence for the oil & gas industry in Dubai, to assist organisations in the sector to drive digital...

Hong Kong: Apple violated the design patents of a Chinese device maker and may have to halt sales of its latest iPhones in Beijing, the city’s...

Vienna: International Monetary Fund (IMF) Managing Director Christine Lagarde warned the UK of the risks of leaving the European Union and said there was a...

London: One of the world’s newest liquefied natural gas (LNG) importers is again shipping out the fuel. Egypt, which last year began importing LNG to meet...

Mumbai: India is set to issue new policy guidelines to encourage more private-sector exploration for the so-called rare earth minerals used in everything...

Caracas: Crude prices around $50 a barrel are enough for Venezuela’s state oil producer to avoid a default on its debt, company president and national oil...

Buenos Aires: The economic recovery promised by Argentine President Mauricio Macri for the second half of this year looks so unlikely it has become the butt...

Stockholm: Ericsson, the Swedish maker of wireless networks, said it has been cooperating with US authorities since receiving a March 2013 request to...