Business & Finance

LMRA conducted 2,179 inspection campaigns

Manama, The Labour Market Regulatory Authority (LMRA) announced the implementation of 2,179 inspection campaigns and visits, during the period of 22 – 28 September 2024, which resulted in the detention of 40 violating and irregular workers, while 151…

CBB Treasury Bills fully subscribed

Manama, This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

The issue date of the b…

Oil rises on Middle East supply risks

Oil prices rose on Monday, affected by increasing concerns about a possible disruption in supply from the Middle East region, after Israel intensified its attacks.

By dawn today, Brent crude futures for November delivery rose 16 cents, or 0.22%, to $…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

Gulf Air extends partnership with Thai Airways

Manama, Gulf Air, the national carrier of Bahrain, announced the expansion of their longstanding partnership with Thai Airways, further strengthening their commitment to providing passengers with seamless travel options across their combined networks…

Bahrain All Share Index closes higher, Islamic Index closes lower

Manama, Bahrain All Share Index has closed at 2,013.69 points, marking a decrease of 0.18 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 805.87 points, marking a dec…

China’s central bank conducts reverse repos Sunday

Beijing, China’s central bank conducted 182 billion yuan (about 25.96 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Sunday.

The move aims to keep liquidity in the banking system reasonable and ample at the end o…

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Building Licenses Rise 3.2% in First Half of 2026

Amman: The number of building licenses issued in the Kingdom rose by 3.2 percent in the first half of 2026, reaching 12,070 compared with 11,700 in the same period of 2025, the Department of Statistics (DoS) said Monday.

According to Jordan News Agen…