Economy






Oman to invest $7 billion in Indonesia project

JAKARTA: Oman has committed to invest $7 billion to build oil storage facilities, a petrochemical plant and a refinery in Indonesia, an Indonesian minister said.



Delta is keen to forge alliances with Asia carriers

TOULOUSE, France: Delta Air Lines s interested in forging alliances with carriers in Asia, the airline’s president said.



Sterling hits three-week low vs. dollar

LONDON: Britain’s top share index outperformed pan-European equities despite disappointment over first-quarter UK growth data, thanks to some positive trading updates and an improving corporate earnin



SABB stocks up after SR1.5bn sukuk sale

JEDDAH: Saudi Arabia’s Tadawul All Share Index was nearly flat as losses in the petrochemicals sector were offset by other stocks.





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