Business

Chicago: Three of the world’s largest energy companies had their credit ratings lowered by Moody’s Investors Service on the expectation that oil prices...

Muscat: In response to the Royal Directives of His Majesty Sultan Qaboos bin Said for responding to the request of the US Government for the assistance in...

Muscat: Despite the current tough times, Petroleum Development Oman (PDO) is continuing to target the creation of 7,000 new jobs for Omanis in the industry...

Muscat: Middle East airlines passenger demand increased 11.3 per cent in February compared to the same period a year ago, according to International Air...

Tehran: Iran ratcheted up its offence in the oil market after breaking a pricing tradition, signaling it’s seeking to win market share at a time when...

Riyadh: Saudi Arabia’s sovereign wealth fund could receive $106 billion in cash from the sale to the public of a 5 per cent stake in oil giant Aramco’s...

New York: United States economy is on a solid course with some hints of inflation so the Federal Reserve is on track for further interest rate hikes,...

New York: Verizon Communications plans to make a first-round bid for Yahoo’s Web business next week, and is willing to acquire the company’s Yahoo Japan...

London: Britain has launched a criminal inquiry into the workings of Indian giant Tata Steel, which is seeking to sell its loss-making UK businesses,...

From the words of His Majesty Sultan Qaboos bin Said.