Business & Finance

Oil Prices Rise Amid Fears Of Wider Middle East Conflict

Oil prices rose on Monday, paring last week’s losses, amid fears of a wider conflict in the Middle East following a rocket attack on the Golan Heights.

Brent crude futures rose 20 cents, or 0.3%, to $81.33 a barrel by 00:10 GMT. US West Texas Interme…

The dollar exchange rates stable in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar witnessed stability in Baghdad, Basra and Erbil today, Monday.

Below is a list of the dollar selling prices:

$100 = 149,500 dinars in Baghdad

$100 = 150,000 dinars in Basra

$100 = 149,750 di…

The dollar exchange rates stable in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar witnessed stability in Baghdad, Basra and Erbil today, Monday.

Below is a list of the dollar selling prices:

$100 = 149,500 dinars in Baghdad

$100 = 150,000 dinars in Basra

$100 = 149,750 di…

Badawi, Shimi Talk Efforts to Maximize Natural Resources

Minister of Petroleum and Mineral Resources Karim Badawi has met with Minister of Public Business Sector Mohamed Shimi, where they discussed a number of files of common interest.

The meeting comes within the framework of the integration of national e…

Digital Cooperation between China and Africa

Experts have high hopes for the China-Africa Digital Cooperation Forum, in exchanging experiences and best practices related to digital development strategies and the fields of communications and information technology, including digital infrastructur…

Wall Street drifts, and crude oil slides ahead of a frenetic week

New York, stock indexes are drifting in mixed trading Monday ahead of a week full of earnings reports from Wall Street’s most influential companies and a Federal Reserve meeting on interest rates.

The SandP 500 was 0.2% higher in late trading, coming…

CBB Treasury Bills oversubscribed by 101%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 101%.

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.

Dollar jumps against shekel, trades at 3.71

Bethlehem Ma’an – Following the recent events in the north, and against the backdrop of growing fears of a security escalation in anticipation of an Israeli response in Lebanon, the dollar and the euro are recording a jump against the shekel.

The dol…

Yemen: $20 million in losses at Hodeidah port

Sanaa – Ma’an – The material damage caused by the Israeli attack on the port of Hodeidah in western Yemen amounted to about $20 million, excluding oil losses, according to an official at the strategic seaport.

Israel launched an attack on the Houthi-…

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