Business

Cairo: Egypt's budget deficit for the fiscal year 2016/2017 that ended in June stood at 10.9 per cent compared to 12.5 per cent for the previous year, a...

Almyetyevsk (Russia): A global deal cutting crude output has forced mid-sized Russian oil company Tatneft to curb flows at some fields, leaving it with...

Washington: US job openings jumped to a record high in June, outpacing hiring, the latest indication that companies are having trouble finding qualified...

Tokyo: Mazda Motor said it would become the world's first automaker to commercialise a much more efficient petrol engine using technology that...

Caracas/Houston: To survive months of street protests and an economy in tailspin, Venezuelan President Nicolas Maduro is trying to turn state oil company...

Shanghai: Banks dragged China's stock markets lower on Wednesday amid concerns that regulators will continue to clamp down on debt risks, but strong...

Muscat: Oman Cables Industry on Wednesday said that the normal operations at Oman Aluminium Processing Industries in Sohar have been affected due to...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to Dr. Tony Tan Keng Yam, President of the Republic of Singapore on his country’s...

Muscat: His Majesty Sultan Qaboos bin Said has received a written message from His Highness Sheikh Sabah Al Ahmed Al Jaber Al Sabah, Emir of Kuwait, on the...

Muscat: Local selling across the board led the MSM30 index to end lower by 0.73 per cent at 5,005.7 points. The MSM Sharia Index also was down by 0.67 per...