Business

Muscat: Oman’s nominal GDP decreased by 14.1 per cent mainly due to the sizeable drop of 38.2 percent in the petroleum sector, despite the moderate growth...

Hong Kong: Oil declined for a second day as weekly United States industry data showed crude stockpiles expanded and Saudi Arabia was said to have raised...

Cairo: Egypt’s parliament approved jail terms of up to 10 years for breaking foreign-exchange regulations, as it fights a black market that authorities...

Oslo: Yara International agreed to buy Tata Chemicals’ Babrala urea plant and distribution business in Uttar Pradesh, India, for $400 million, expanding...

Muscat: More than 400 expatriate workers were arrested by a joint team from the Ministry of Manpower and Royal Oman Police (ROP) for violating labour laws...

Muscat: The Government has followed up closely, carefully and transparently what was published recently in one of the local daily newspapers and found out...

Muscat: Renovation and maintenance work on 33 houses belonging to low-income and social security families in different parts of Sur, was recently completed...

Muscat: Police officers in Oman who detained an expat over a labour law violation ran his fingerprints to discover he was wanted in connection with the...

Muscat: A fall in oil prices and the slowing down of gross domestic product (GDP) growth rate in the Gulf countries could lead to an increase in...

Muscat: Strategic and Precious Metals Processing (SPMP), which is building a project to produce 20,000 tonnes of high quality antimony and 50,000 ounces of...