Business

Muscat: The total assets of conventional commercial banks increased by 7.7 per cent to OMR28.6 billion in April 2016 from OMR26.5 billion a year ago. Of the...

Muscat: Oman Food Investment Holding Company (OFIC) and Arab Authority for Agricultural Investment and Development (AAAID) signed a memorandum of...

Muscat: His Majesty Sultan Qaboos bin Said has sent a cable of greetings to His Highness Sheikh Tamim bin Hamad bin Khalifa Al Thani, Emir of Qatar on the...

London/Zurich: Some of the world's biggest central banks offered financial backstops to soothe plunging markets on Friday after Britain voted to leave...

London: Global markets buckled as Britain’s vote to leave the European Union (EU) drove the pound to the lowest in more than 30 years and European banks...

Cairo: Egypt has rejected another wheat cargo, just as the government looked set to end confusion over how much of the fungus known as ergot would be...

London: Saudi Arabia, a country nearly synonymous with plentiful crude supplies, is offering one of the strongest signs yet that the glut that has plagued...

Rio De Janeiro: Government cutbacks to Brazil's pioneering social housing programme, which has provided homes for several million people, will undermine...

Wenxi, (China): Despite its sputtering economy — or perhaps because of it — China's labour market may be able to provide more jobs for laid off...

Washington: The Federal Reserve’s (Fed) stress tests of big banks found all 33 have enough capital to withstand a severe economic shock, though Morgan...