Economy

Khasab: The cumulative investment in Mahas Industrial City amounted to OMR45.74 million in about 20 projects employing 247 male and women workers at the end...

Muscat: The Sultanate of Oman’s trade balance registered a surplus of OMR256 million by the end of January 2026, compared to OMR528 million during the...

New Delhi: Indian Oil Corp on Friday clarified that its five kg Free Trade Liquefied Petroleum Gas (FTL) cylinders are supplied continuously by the oil...

New Delhi: The ongoing West Asia crisis is beginning to impact aviation economics, with airlines now facing rising war-risk insurance costs. The conflict is...

New Delhi: The Ministry of Ports, Shipping and Waterways (MoPSW) has signed a Plan of Implementation with the Korea International Cooperation Agency (KOICA)...

Muscat: The Omani-Belarusian Business Forum, organised on Thursday by Oman Chamber of Commerce and Industry (OCCI), affirmed the need to enhance prospects...

Singapore: Oil prices climbed nearly 7% on Thursday amid ongoing geopolitical tensions.Brent crude futures rose $6.84, or 6.8%, to $108 per barrel.US West...

Muscat: The Ministry of Agriculture, Fisheries and Water Resources highlighted, in a media briefing held on Thursday, the most prominent initiatives and...

New Delhi: The Indian Information Technology sector is expected to post muted growth in the March quarter on a sequential basis owing to the ongoing...

Mumbai: India's economic growth could slow and inflation may rise if crude oil prices remain elevated amid the ongoing West Asia conflict, according to a...