Business & Finance

80,000 tons of goods handled at Red Sea Ports

About 80,000 tons of goods were handled at the different Red Sea harbors on Tuesday, the Red Sea Ports Authority (RSPA) said.

In a statement, the RSPA said imports included 70,000 tons of goods, 452 trucks and 127 cars, while the exports included 10,…

CBB 12-month Treasury Bills issue no.120 oversubscribed

Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 192%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is September…

Hyundai Motor Group posts robust EV sales in Germany

Seoul, South Korea’s Hyundai Motor Group reported robust electric vehicle sales results in Germany from June to August despite slowing EV demand, a global market research firm said Tuesday.

Hyundai Motor Co. and its smaller affiliate Kia Corp. ranke…

Oil prices rise slightly on expectations of US interest rate cut

Oil prices rose in early trading on Monday, amid expectations of a US interest rate cut this week, but gains were limited by the resumption of US supplies after Hurricane Francine and weaker Chinese data.

By dawn on Monday, Brent crude futures for No…

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