Economy

Washington DC: The US Federal Reserve has raised its benchmark interest rate by 25 basis points, marking its first rate increase since 2023, as policymakers...

Washington, DC: The US House of Representatives passed a sweeping Russia sanctions bill targeting Russian officials and economic sectors on Wednesday by 262...

Palo Alto: Mustafa Suleyman the CEO of Microsoft AI has raised questions on Anthropic's development of Claude saying it was time to talk about 'model...

Muscat: The official price of Oman crude oil for November delivery rose by $3.61 to reach $132.09 per barrel on Wednesday.The monthly average price of Omani...

Muscat: Dr. Khamis Saif Al Jabri, Minister of Economy, received on Wednesday Zehra Zümrüt Selçuk, Director General of the Statistical, Economic and...

New Delhi: India's balance of payments recorded a surplus of $20.8 billion in July, compared with a surplus of $0.3 ​billion a year earlier, driven by a...

New Delhi: National Stock Exchange of India (NSE) Managing Director and CEO Ashish Kumar Chauhan has said the demand for the exchange's initial public...

San Francisco: Nividia CEO Jensen Huang has advocated by pacing AI development until the labs have confidence in the product but said that new regulations...

Muscat: The third edition of the Tax Conference 2026, held in Muscat on Tuesday, reviewed the latest developments and rapid transformations in tax systems...

Bangkok: The Sultanate of Oman and the Kingdom of Thailand today signed a Memorandum of Understanding (MoU) to enhance cooperation in the energy...