Business

Mumbai: India is planning to sell a majority stake in Air India, the country’s national carrier, to a strategic partner in a bid to turn around the loss...

Dubai/London: Saudi Arabia wants crude oil prices to rise to around $60 a barrel this year, five sources from Opec countries and the oil industry said. This...

Muscat: Majlis Al Shura members yesterday submitted proposals to the sports minister for establishing a huge sports complex for hosting international...

Muscat: Abulaziz bin Mohammed Al Rowas, Advisor to His Majesty the Sultan for Cultural Affairs received in his Office on Monday Dr. John Duke Anthony,...

Doha: Qatar Petroleum plans to merge two petrochemical units in its latest consolidation of businesses, as the world’s fourth-biggest oil and natural gas...

Muscat: Oman’s insurance companies have posted a 1.9 per cent growth in gross direct premium income at OMR454.64 million in 2016, from OMR446.18 million...

London: Finnish company HMD Global Oy unveiled a range of new phones, including a redesign of the classic Nokia 3310, in a bid to win back mobile...

Dubai: Oil will stabilise around $55 to $65 a barrel as OPEC fulfills its agreement to cut output, with stockpiles and shale production keeping prices from...

Shanghai: China's blue chips posted their biggest single-day loss in two months on Monday after the securities regulator vowed to step up its campaign...

Muscat: Raysut Cement Company, the Sultanate’s biggest cement producer, on Monday proposed a cash dividend of 65 per cent for 2016. A year earlier, it had...