Economy

Brussels: The European Union (EU) plans to review and simplify value-added tax across the 28-nation bloc but has no immediate plans to propose ending VAT...

Singapore: China's borrowing spree grabs headlines, but India's current corporate earnings season is also proving to be all about debt. More...

Muscat: Daleel Petroleum’s new mentorship programme will help support small and medium enterprises (SMEs) in the oil and gas sector, said a senior...

Muscat: Oman’s nominal gross domestic product (GDP) fell 14.2 per cent during the first half of 2015, compared to the same period last year, due to lower...

Muscat: Oman International Container Terminal (OICT) has officially unveiled its eagerly anticipated truck appointment system (TAS) at the Sohar Industrial...

Riyadh/Dubai: Low oil prices have pushed top exporter Saudi Arabia to hasten difficult economic reforms and cut spending on popular benefits, but it has few...

London: BHP Billiton needs to raise as much as $10 billion in a sale of new stock to its investors if it wants to keep its credit rating, according to the...

Muscat: A vast array of opportunities for trade and investment, especially in the car industry, will be presented at Iran’s second solo exhibition, which...

Muscat: On the back of a very successful performance in drydockings, conversions and repairs in first half of 2015, Oman Drydock Company (ODC) has unveiled...

Tehran: President Hassan Rouhani said Iran’s financial resources will “increase significantly” after its compliance with the terms of an accord to...