Energy

Dubai: Iran expects its oil production to reach 4 million barrels per day by mid-April, and plans to drill 500 new wells over the next five years to raise...

Ibra: A fire tore through a farm in Wilayat Ibra last night, and the Public Authority for Civil Defense and Ambulance rushed to the scene to battle the...

Muscat: Omani Rials can be exchanged in Saudi Arabian money exchange houses, affirms the Saudi Arabian Monetary Authority (SAMA). A video circulating on...

Muscat: Financial experts in Oman have welcomed the projected growth Oman is expected to see in 2018. A combination of a prudent budget, fiscal discipline...

Muscat: A new airport, the introduction of VAT and diversifying away from oil dollars should leave Oman in with a fighting chance to banish austerity in...

Muscat: Oman Post is aiming to be self-sufficient and autonomous from the government within the next five years, according to a senior official at the...

Kuwait City: Kuwait is sticking with plans to add half a million barrels a day of oil-production capacity as it prepares for the eventual expiration of the...

Muscat: Key infrastructural projects completion will catalyse the Omani economy in 2018, says Paul Callaghan, partner at KPMG in Oman. “The recent...

Muscat: Al Kamil Power Company said that the company has signed an agreement for extending the power purchase agreement with revised terms and conditions,...