Business

Muscat: Middle East carriers are expected to post a $1.6 billion profit, up slightly on the $1.4 billion reported for 2015. The capacity of carriers is...

Washington: The US Federal Reserve may be forced to delay a rate hike at its June meeting because of mounting concern over the economic fallout from...

Beijing: Greater industrial cooperation can help reduce distrust between Indians and Chinese, directly benefit their growth and usher in a new climax of...

Vienna: The European Central Bank (ECB) on Thursday nudged up its expectations for growth and inflation in the euro area this year, but kept its main...

Munich: BMW has transformed its "i" division into a development centre for self-driving cars, a board member told Reuters, a major strategic shift...

Dublin: Airbus Group is exploring ways of carving out extra space on its A380 superjumbos in order to boost capacity and enhance margins for operators,...

Bangalore: Micromax Informatics has become the latest Asian smartphone company to broadcast its global ambitions. The Indian company known for cut-rate...

Muscat: A water pipeline in Muttrah burst early Friday morning, causing gridlock in the wilayat, a Royal Oman Police official confirmed. The road, near Al...

His Majesty Sultan Qaboos Bin Said on Thursday issued three Royal decrees as follows: Royal Decree No. 29/2016 on transfers and placements in the diplomatic...

Oman announced Ramadan working hours for both public and private sectors. This continued to dominate the news agenda this week in Oman. 1. The government of...