Business

Muscat: There has not been a proposed increase on water and electricity tariffs, officials announced. The Public Authority for Electricity and Water (PAEW)...

Muscat: Traders who want to increase prices on products must first seek permission from the consumer watchdog, according to a new decree. The new ruling is...

Washington: USconsumer spending was unchanged in March for a second straight month and a key inflation measure recorded its first monthly drop since 2001,...

San Francisco/Mumbai: India-based IT services firm Infosys said it plans to hire 10,000 US workers in the next two years and open four technology centres in...

New Delhi: Factories across much of Asia got off to a solid start in the second quarter, buoyed by strong global demand, particularly for hi-tech gadgets...

Muscat: Oman’s majority state-owned Petroleum Development Oman (PDO) plans to invest more than $20 billion over a five-year period to sustain its...

Muscat: Al Anwar Holdings has entered into a shareholder’s agreement with Hormozgan Cement Co. (HCC), Iran to establish Hormuz Al Anwar Cement SAOC for...

Athens: Promising to cut pensions and give taxpayers fewer breaks, Greece has paved the way for the disbursement of further rescue funds from international...

Duqm: Oman and South Korea discussed several aspects of joint economic and trade cooperation in the Special Economic Zone in Duqm (SEZD). Chung Sye-kyun,...

Muscat: Mohammed bin Nasser Al Rasbi, Secretary General at the Ministry of Defence received in his office at Mu’askar Al Murtafa’ on Monday Gen. Sir...