Economy

Muscat: The total outstanding credit extended by conventional and Islamic banks and other depository corporations stood at OMR24.7 billion as of the end of...

Muscat: Kuwait Financial Centre (Markaz) reported strong financial performance with revenues of KD15.12 million during the first nine months of 2018, an...

Muscat: Octal, the world’s largest PET sheet producer and leading integrated packaging company, participated in the IRU World Congress 2018, a global...

Muscat: Petroleum Development Oman (PDO) is sponsoring the vocational training of 600 young Omanis as part of its efforts to create more than 50,000 job...

Frankfurt: German insurance giant Allianz on Friday confirmed its full-year outlook after a "strong" third quarter boosted by lower claims for...

Washington: The US Federal Reserve kept the benchmark lending rate unchanged on Thursday, highlighting the continued strong performance of the economy but...

Rome: Italy will not leave the eurozone, populist Deputy Prime Minister Luigi Di Maio said on Friday, despite a standoff with Brussels over Rome's...

Frankfurt: German sporting goods maker Adidas on Wednesday lifted its profit expectations for 2018 after a "strong" third quarter that saw brisk...

Seattle: At China's biggest air show, a top Boeing executive voiced hope that the US and China would resume trade talks. He has reason to worry: The US...

Muscat: Petroleum Development Oman (PDO) on Wednesday said its world's first solar photovoltaic Independent Power Producer (IPP) project marked a step...