Business & Finance

$801 million current account deficit in the balance of payments

Ramallah – Ma’an – The latest surveys by the Central Bureau of Statistics, the results of which were released on Monday, showed that the trade deficit in the Palestinian balance of payments rose to $801 million in the second quarter of 2024.

The Cent…

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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Heavy Showers Anticipated in Jordan as Cooler Weather Arrives

Amman:A cool and humid air mass from the eastern Mediterranean is predicted to bring widespread showers to northern and central Jordan on Friday, potentially resulting in heavy rainfall in some areas, as reported by the Jordan Meteorological Departmen…