Business

Muscat: The Gulf countries, the world’s fastest growing demand centre for natural gas, will need to create greater incentives to drive investment in new...

Muscat: Bank Nizwa was assigned a first-time rating of Baa3 by Moody’s, one of the world’s most renowned credit rating agencies, reflecting the bank’s...

Cairo: Egypt signed a $575 million agreement with General Electric on Saturday for GE to provide 100 new multi-use locomotives, 15 years of technical...

Dubai: The United Arab Emirates energy minister said on Saturday he saw no need for an extraordinary meeting of the Organisation of the Petroleum Exporting...

Sydney: The United States has indicated it is open to a free trade agreement (FTA) with New Zealand, New Zealand's trade minister said on Sunday. Todd...

Jeju (South Korea): Leaders of the China-backed Asian Infrastructure Investment Bank (AIIB) touted its growing membership and commitment to sustainable...

Hong Kong: A flood of Chinese bankers is changing the social fabric of Hong Kong, as they rapidly expand their footprint in one of the world's premier...

MUSCAT: His Majesty Sultan Qaboos bin Said has sent a cable of condolences to Frank-Walter Steinmeier, President of the Federal Republic of Germany over the...

Muscat: Dr. Yahya bin Mahfoudh Al Mantheri, Chairman of the State Council affirmed that the Shura process in the Sultanate has been accorded utmost...

Muscat: Gross electricity production in Oman rose 5.7 per cent to 6,552.5 gigawatt (GW) by the end of the first quarter 2017, from 6199.7 GW, while net...