Business & Finance

TelePIX sends AI processor for satellites to space

Seoul, South Korea’s space startup TelePIX has sent an onboard artificial intelligence (AI) processor for satellites into space.

The processor, named TetraPLEX, was delivered on an Italian satellite aboard SpaceX’s Falcon 9 into orbit last Friday, a…

Badawi Reviews Developments of Mining Companies in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed the business of some mining companies working in Egypt, including the Lotus Gold Mining Corporation and Capital Drill Company, and explored their plans for the coming period in addi…

CBB Treasury Bills oversubscribed by 176%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 176%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.
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Bahrain All Share Index marks 1,935.80 points

Manama, Bahrain All Share Index has closed at 1,935.80 points, marking a decrease of 7.67 points below the previous closing.

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

Bahrain Islamic Index closed at 806.84 …

Tamkeen and Al-Zaytouna sign an agreement to pay insurance policies

Ramallah – Ma’an – Tamkeen Insurance Company and Al-Zaytouna Islamic Finance Company signed an agreement to pay insurance policies, according to which Al-Zaytouna Islamic Finance Company provides installment services for the value of insurance policie…

Oil prices drop

Washington – Ma’an – Oil prices fell in trading on Monday, amid market fears of a decline in demand for black gold from China.

By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures fell 0.67% to $76.14 per barrel, while Brent crude fut…

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