Business

Muscat: Oman recorded a whopping 166 per cent year-on-year increase in the production of regular (90) petrol during the first two months of 2016, with...

Muscat: Etihad Rail, the developer and operator of the UAE’s $11 billion national railway network, announced that it has transported more than 5.24...

Muscat: As part of the monthly ‘Reyooq with CEO’ initiative, the National Business Centre (NBC) which falls under the umbrella of the Public...

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,...