Business NewsPresident Donald Trump is directing the US Commerce Representative to prepare new tariffs on $200bn in Chinese imports as the nations move nearer to a potential trade warfare. Total assets of Islamic banks and home windows in Oman reached to RO4bn mark as of the tip of March 2018, accounting for 12.4 per cent of total banking system belongings in the sultanate.

The corporate stated the decision to raise costs was made in response to sustained will increase in wholesale vitality costs on world markets. China fires back in Trump’s commerce conflict. Europe’s essential stock markets have slumped initially of buying and selling, mirroring heavy losses throughout Asia on global commerce conflict fears.

Al Raid Group lately launched Oman’s first outlet mall and largest retailtainment destination ‘Al Araimi Stroll’ in Barka. The iconic 240,000sqm improvement venture will set a new benchmark because the nation’s first ever retailtainment destination; and can feature 164 stores, forty two food and beverage outlets, seven entertainment hubs, a hypermarket, and an IMAX cinema.

This is the second time the global software main is resorting to purchase back its shares after it bought 5.sixty one-crore shares in April 2017 for Rs 16,000 crore at Rs 2,850 per share. The JSE trended decrease together with other global equity markets, as commerce issues continued to dominate market sentiment.

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