Business

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...

Mumbai: Iran is pulling ahead in the race for market share in the world’s fastest-growing oil consuming nation, India, weakening the hold of rival Opec...

Sydney: Apple scored a victory in the global battle to control the future of mobile payment technology after the Australian competition regulator refused to...

Hong Kong: Here we go again. Southeast Asia is bracing for rising debt bills as the region’s currencies slide. The amount that the area’s companies,...

Shanghai/Hong Kong: China is stepping up measures to stem capital outflows after the yuan currency skidded to more than eight-year lows, sources said on...

London: Opec surprised the market in September with a preliminary agreement to reduce supply to 32.5 million to 33 million barrels a day, breaking a...