Economy

Washington DC: Global crude oil prices are expected to decline to an average of $79 per barrel by 2027 as oil production in the Middle East gradually rises,...

New Delhi: The Directorate General of Foreign Trade (DGFT) has tightened monitoring of duty-free gold imports under the Advance Authorisation (AA) scheme,...

Muscat: The Sultanate of Oman participated in the 125th meeting of the Financial and Economic Cooperation Committee of the Gulf Cooperation Council (GCC)....

Muscat: Represented by the Financial Services Authority (FSA), the Sultanate of Oman on Wednesday took part in the 51st annual conference of the...

Salalah: Oman Electricity Transmission Company (OETC) has successfully completed the commissioning of three major power transmission substations in Dhofar...

Muscat: The Sultanate of Oman is advancing innovative and forward-looking solutions to strengthen water security and ensure the long-term sustainability of...

New Delhi: US consumer prices rose more slowly in April than in the previous month. The Consumer Price Index (CPI-U) climbed 0.6 per cent from March's 0.9...

New Delhi: The Ministry of Finance has updated the customs duty rates for various precious metals and jewellery findings, which comes into effect today, May...

New Delhi: Union Minister for Petroleum and Natural Gas Hardeep Singh Puri has said that the government has handled the energy supply disruptions due to...

Muscat: The Ministry of Housing and Urban Planning signed 182 usufruct contracts on Tuesday with an investment value exceeding RO 37.8 million during the...