Business & Finance

Bahrain All Share Index marks 1,931.24 points

Manama, Bahrain All Share Index has closed at 1,931.24 points, marking a decrease of 20.09 points below the previous closing.

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

Bahrain Islamic Index has closed at 7…

CBB Treasury Bills oversubscribed by 215%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 215%.

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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Meeting at the Central Bank of Iraq to restructure Rafidain Bank

The Central Bank of Iraq announced today, Monday, that its governor chaired a meeting of the supervisory committee on the restructuring process of Rafidain Bank.

The CBI stated in a statement that “the supervisory committee on the restructuring proce…

Slight increase in Basra crude oil prices

Basra Heavy and Medium crude prices rose slightly on Monday, with global oil prices stabilizing.

Basra Heavy crude increased by 8 cents to $75.84 per barrel, while Basra Medium crude rose by the same amount to $78.96 per barrel.

This slight rise in …

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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…