Bloomberg Oman pledged to create 25,000 public sector jobs by December, a move that risks adding to a budget gap that was the Gulf’s widest last year. The government will follow up with additional measures to address the lack of jobs in the sultanate, the state-run Oman News Agency reported on Wednesday, citing the cabinet’s decision a day earlier. Unemployment ...

Dubai / WAM In line with its mandate to position Dubai as the global capital of the Islamic Economy, the Dubai Islamic Economy Development Centre (DIEDC), in partnership with Dubai Exports, the export promotion agency of Dubai Economy, recently led a multi-sector trade mission to Australia. The aim of the high level and diverse group was to capitalise on the ...

Bloomberg President Vladimir Putin said Russia may agree to extend a deal with OPEC to curb oil supplies beyond March to the end of 2018, though he’ll wait to make a decision until nearer the end of the existing pact. “Based on the realities in March 2018, we will make our decision, but I do not rule out that we ...