Economy

Muscat: Oman’s SME Development Fund (SMEF) plans to provide loans to the tune of OMR14.5 million next year to small and medium enterprises (SMEs). The...

Riyadh: Saudi Arabia will increase government spending next year and slow an austerity drive as it struggles to lift the economy out of recession in the...

Riyadh: The drawdown of the Saudi Arabian central bank's net foreign assets is likely to slow next year and in years to come, Finance Minister Mohammed...

Singapore/London: Global financial regulators are beginning to warn the public against the risks of investing in a market that many feel is in a speculative...

Brussels: A free trade deal with the European Union similar to those it has with Canada and South Korea is the logical outcome of Britain's Brexit...

Washington: US single-family homebuilding and permits surged to more than 10-year highs in November, in a hopeful sign for a housing market that has been...

Athens: Greek lawmakers on Tuesday approved by majority the country's 2018 budget, which the government said would be the last under bailout terms which...

Tokyo: Business confidence among Asian companies rose in October-December to the highest in almost seven years due to robust consumption and global trade, a...

Muscat: The Central Bank of Oman (CBO) has given its final approval for the proposed merger of Oman Orix Leasing Company with National Finance...

Muscat: Oman's central bank raised OMR34.78 million from treasury bills auction. The treasury bills are for a maturity period of 182 days, from December...