Business & Finance

Bahrain All Share Index marks 1,928.19 points

Manama, Bahrain All Share Index has closed at 1,928.19 points, marking a decrease of 0.40 points below the previous closing.

This decrease was due to the drop in the consumer discretionary sector and the material sector.

Bahrain Islamic Index close…

Oil prices decline slightly amid supply concerns

Oil prices fell slightly, today, Tuesday, after rising by more than seven percent in the previous three sessions, against the backdrop of supply concerns.

Brent crude futures fell 36 cents, or 0.4 percent, to $ 81.07 a barrel, and US West Texas Inter…

Oil prices decline in early Asian trading

Oil prices fell in early Asian trading on Tuesday, after rising in the previous three sessions.

Brent crude futures fell by 32 cents, or 0.39 %, to $81.11 a barrel by 01:45 GMT, while US West Texas Intermediate crude futures fell by 36 cents, or 0.46…

EGAS announces bid to explore natural gas in 12 regions

The Ministry of Petroleum and Mineral Resources has recently initiated a fresh global bidding process for 2024 through the Egyptian Natural Gas Holding Company (EGAS).

This bidding aims to explore natural gas and crude oil in 12 sectors across the Me…

PM Madbouly reappoints Ahmed Elsheikh EGX chairman

Prime Minister Mostafa Madbouly issued a decree to reappoint Ahmed Elsheikh as the Egyptian Stock Exchange’s (EGX) chairman and Heba ElSerafi as the vice chairman for a one-year term, starting 26 August.

Elsheikh was appointed chairman of the EGX on …

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