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Why US stock market Dow Jones, S&P 500 and Nasdaq are surging big today: Dow jumps 350 points, Nasdaq jumps 250 points as Intel hits all-time high driving the rallyUS stock market surges today: why Dow Jones, S&P 500, and Nasdaq are rallying sharply despite global tensions? The Dow Jones Industrial Ave...05 May, 2026, 08.52 PM IST- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...28 Apr, 2026, 07.52 AM IST
- In sleepy town on Strait of Hormuz, war rages just over horizonKhasab, Oman, a town on the Strait of Hormuz, experiences a deceptive calm amidst regional war. Oil tankers avoid the strait due to Iranian...27 Mar, 2026, 07.26 PM IST
- India seeks steelmaking raw material from Argentina, Indonesia, Oman, sources sayIndia is set to hold talks with Argentina, Indonesia, and Oman next month to secure vital steelmaking raw materials like coking coal and ir...27 Mar, 2026, 11.05 AM IST
- In sleepy town on Strait of Hormuz, war rages just over horizonKhasab, Oman, a town on the Strait of Hormuz, experiences a deceptive calm amidst regional war and choked oil trade. The town, usually a to...27 Mar, 2026, 09.45 AM IST
- Oman becomes first Gulf state to launch income tax in bid to reduce oil dependenceOman will introduce a 5% income tax in 2028 on high earners, becoming the first Gulf state to do so. The tax targets individuals with annua...23 Jun, 2025, 03.21 PM IST
- Oman's Sultan visits Saudi Arabia on first overseas tripSultan Haitham bin Tariq al-Said, whose country has joined United Nations-led efforts to secure a peace initiative in Yemen, arrived in the...11 Jul, 2021, 06.04 PM IST
- Oman expects public debt to top $56 billion by end-2021: DocumentOman expects a 2021 budget deficit of 2.24 billion rials as public spending of 10.88 billion tops revenue of 8.64 billion, the finance mini...03 Jan, 2021, 04.05 PM IST
- S&P downgrades Oman's sovereign rating as the country grapples with plummeting oil wealthAn uncertain scenario regarding oil prices owing to a resurgence of coronavirus cases leading to muted demand has cast a shadow on the coun...17 Oct, 2020, 03.21 PM IST
- Oman to introduce 5% VAT in six months' time"The implementation of the #ValueAddedTax came to ensure the sultanate's financial sustainability, enhance its competitiveness, and reaffir...13 Oct, 2020, 09.29 AM IST
- Gulf countries to experience worst economic crisis in history: IIFOverall real gross domestic product (GDP) will contract 4.4% this year, despite some indications that the virus spread has been successfull...02 Jun, 2020, 12.18 PM IST
- Saudi Arabia risks running out of financial assets in five years: IMFSaudi authorities are already planning spending cuts as the world’s biggest oil exporter seeks to shore up its public finances.22 Oct, 2015, 10.46 AM IST
- Jindal Shadeed signs $725 million syndicated term loan facility with Bank MuscatOriginally founded in 2005 by Al Ghaith Holdings PJSC of Abu Dhabi, Jindal Shadeed was acquired by Jindal Steel & Power Limited.28 Oct, 2014, 05.06 PM IST
- Bharat Petroleum keen on Bina Refinery IPO next fiscalBPCL owns 49 per cent or majority stake in the Rs 11,397-crore Bina Refinery with the rest being held by Oman Oil Company.29 Sep, 2013, 11.22 AM IST
- Oil prices dip, but Gulf GDP jumps 5.8 per centQatar will lead growth in the region with around 8.7 pc, while growth will be about 6 pc each in Saudi Arabia and Kuwait.11 Jul, 2012, 11.59 AM IST
- Gulf countries projected to register strong growthThe Gulf Cooperation Council countries are poised for strong economic growth this year despite heightened regional geopolitical risks.26 Jun, 2012, 12.15 PM IST
- Recession threatens Mideast oil exporters: IMFThe economies of Middle East oil producers are likely to suffer from a possible prolonged global recession as demand for the region's main ...10 May, 2009, 03.34 PM IST
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