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 Staff reporter MUSCAT The Middle East and North Africa (Mena) region witnessed six IPOs in the second quarter of 2016, collectively raising $397.2 million, a 40...

LONDON/LAGOS Oil companies and even Nigerian officials are losing faith in a deal anytime soon with militants who have slashed the nation’s oil output, casting...

 Staff reporter MUSCAT A technical issue saw trade on the Muscat Securities Market (MSM) getting held up for some time on Sunday. Brokers could not connect...

NEW YORK US drillers last week added oil rigs for an eighth consecutive week, the longest recovery streak in the rig count in over two...

NEW DELHI GoAir plans to hire 500 personnel, including pilots, in the coming months as the budget carrier prepares to expand its aircraft fleet and...

MUMBAI India’s incoming central bank governor, Urjit Patel, is widely regarded as having the professional and academic credentials he needs to make a success of...

MUMBAI One of the biggest challenges for India’s incoming central bank chief is a problem he and his predecessor have long grappled with - how...

BASEL/NEW DELHI India is better placed than neighbouring China and Brazil in terms of banking distress risks, says a report prepared by the Bank for...

NEW DELHI Hit by a cash crunch, e-commerce company AskMe has decided to shut shop, leaving 4,000 staffers jobless, while its majority investor Astro said...

NEW DELHI India is home to the third largest number of technology driven startups in the world, with the US and the UK occupying the...