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Staff reporter MUSCAT State General Reserve Fund (SGRF) has, through its subsidiary African Acquisition Sarl, signed a subscription agreement for a $100 million equity investment in...

MUSCAT The Central Bank of Oman’s (CBO) Board of Governors has approved alizz Islamic Bank’s application to transfer the shares of Tasameem Real Estates (UAE)...

BEIJING Russia beat out Saudi Arabia as China’s largest oil supplier in May, customs data showed on Tuesday, marking the third month in a row...

NEW DELHI As many as 7 merchant bankers, including Citi Group Global and Deutsche Equities, have evinced interest in managing the government’s 10 per...

NEW DELHI India’s fuel consumption grew 6.7 per cent in May over that a year ago, reflecting greater use of cars and increased air traffic...

India’s coal imports are in a declining trend, but the energy value is dropping at a far slower pace than the physical volumes as...

NEW DELHI State-owned Bank of India has sold its 18 per cent in Star Union Dai-ichi Life Insurance Company (SUD) to Japan’s Dai-Ichi Life Insurance...

SUWON (South Korea) Trailing its rivals after misplaced bets on wireless technology standards, Samsung Electronics Co. aims to become a global top-three player in...

JAKARTA The central banks of Indonesia and South Korea have been hit by cyber attacks on their public websites since activist hacking group Anonymous...

MELBOURNE Top global miner BHP Billiton outlined plans to boost coal output by 8 per cent over the next three years while slashing costs,...