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 rise 3 percent on Middle East escalation fears

Oil prices rose about three percent today, Monday, on fears that the escalation of the situation in the Middle East would disrupt oil supplies from the region.

Brent crude futures rose $2.30, or 2.91 percent, to $81.32 a barrel, and US crude futures …

Finance Minister: We eye more British investments in Egypt

Minister of Finance Ahmed Kouchouk has described Britain as key partner to Egypt, saying that it is one of the biggest investors in the Egyptian markets.

During a meeting with British Ambassador in Cairo Gareth Bayley at the ministry Headquarters in …

Oil prices rise amid expectations of a US interest rate cut

Oil prices rose in Asian trading on Monday on concerns that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts boosted global economic prospects and fuel demand.

Brent crude futures rose 37 cent…

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