Economy

Washington: The US Federal Reserve is likely to raise interest rates in the coming week but policymakers have begun to signal they may take it a bit slower...

Muscat: SV Pittie Sohar Textiles launched their textile cluster in Sohar with the inauguration of the cotton yarn production unit number 1 by His Highness...

Brussels: French President Emmanuel Macron barnstormed to power in 2017, promising to inject the European project — and especially the euro single...

Muscat: In recognition of the importance of SMEs to the growth of the economy, Oman Arab Bank (OAB) recently conducted a visit to Dhakliya region to visit...

Muscat: The Sultanate’s production of crude oil and condensates in November 2018 amounted to 30.03 million, with a daily average of 1.14 million barrels,...

Muscat: A review of the activities of conventional banks showed that their total assets stood at OMR29.1 billion in September 2018, increasing by 4.3 per...

Muscat: Sohar Aluminium (SA) recently announced the appointment of Agnello Borim as Chief Operating Officer (COO). In his new capacity, he will be leading...

Washington: US President Donald Trump thanked Apple chief Tim Cook on Friday after the tech giant unveiled plans for a $1 billion campus in Texas that is...

Mexico City: Investors rejected a new, sweetened offer from the Mexican government on Wednesday to buy back their bonds from a cancelled airport project,...

Muscat: Oman is aiming to make manufacturing a future engine of growth, according to a senior official at the Ministry of Commerce and...