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 Staff Reporter MUSCAT The financial technology (fintech) could reduce the profitability of some business lines of Gulf Cooperation Council (GCC) banks and change the way they...

LONDON Saudi Arabia is still aiming to complete both international and domestic portions of the initial public offering of Aramco, in 2018, the Saudi Oil...

Staff Reporter MUSCAT Oman Electricity Transmission Company (OETC) has no plans to raise any further financing this year, the company said in a statement. “OETC’s fundraising for...

DOHA The threat to Qatari banks’ funding and liquidity from outflows of non-domestic deposits appears to be easing, Fitch Ratings said. The money has been replaced,...

TOKYO Japan will offer $10 billion in support in joint private enterprise and government projects to supply liquefied natural gas (LNG) or build LNG infrastructure...

BEIJING China’s gross domestic product (GDP) rose from 54 trillion yuan to 80 trillion yuan over the past five years as the Communist giant maintained...

LAGUNA BEACH (US) Eviation Aircraft chief executive Omer Bar-Yohay pictures a day not too far away when summoning a bargain plane ride with a smartphone...

LAGUNA BEACH Baidu chief executive Robin Li late on Tuesday said the Chinese internet giant will have a self-driving bus on the road soon as...

NEW YORK It’s the prize of a lifetime — a $5 billion investment creating 50,000 well-paid jobs that everyone wants, but only one US city...

LAGUNA BEACH (California) After a series of acquisitions, General Motors has the building blocks it needs to deploy a large-scale fleet of robot cars, the...