Business

Washington: US services sector activity slowed in May as new orders tumbled, but a jump in employment to a near two-year high pointed to sustained labour...

Washington: The Trump administration is considering possible sanctions on Venezuela’s vital energy sector, including state oil company PDVSA, senior White...

Singapore: India has surpassed China to secure the top position among 30 developing countries on ease of doing business, according to a study that cited...

Melbourne: Adani Group Chairman Gautam Adani on Tuesday gave the final investment approval for the Indian conglomerate's controversy-hit $21.7 billion...

Shanghai: China stocks ended higher on Tuesday, with consumer and financial shares lending support as investors pondered the impact of new regulations on...

Muscat: Non-Muslims are invited to get to know Islam in this holy month, officials have announced. The “Introduction to Islam and Cultural Exchange”...

Kuwait City: The Sultanate signed in Kuwait on Monday a joint statement on the establishment of diplomatic relations between the Sultanate and the Republic...

Muscat: Alizz Islamic Bank signed an agreement with Oman Oil Refineries and Petroleum Industries Company (Orpic) to provide Islamic financing facilities for...

Muscat: Gulf Cooperation Council (GCC) banks achieved a 6.5 per cent growth in assets in 2016, driven by increased lending to government and related...

Muscat: Rural Areas Electricity Company (Raeco) is planning a gas-fired independent power project (IPP) with a generation capacity of 78 megawatt (MW) in...