Economy

Saturday 07/July/2018 17:30 PM

IMF applauds Oman over move away from oil

Muscat: International Monetary Fund (IMF) lauded the Oman government for its reforms and move towards private sector-led growth and economic...

Saturday 07/July/2018 15:00 PM

Omantel, Equinix to open data centre in Oman

Muscat: Oman Telecommunications Company (Omantel) and Equinix, the global interconnection and data centre company, announced that the companies have entered...

Saturday 07/July/2018 13:58 PM

Egypt says has primary budget surplus

Cairo: Egypt announced on Thursday it had a primary budget surplus for the first time in 15 years and said it was committed to paying oil companies'...

Saturday 07/July/2018 13:48 PM

US job growth underscores economy's strength

Washington: The US economy created more jobs than expected in June, but steady wage gains pointed to moderate inflation pressures that should keep the...