Business & Finance

Bahrain All Share Index marks 1,978.26 points

Manama, Bahrain All Share Index has closed at 1,978.26 points, marking a decrease of 1.40 points below the previous closing.

This decrease was due to the drop in the material sector.

Bahrain Islamic Index closed at 823.11 points, marking an increase…

Oil prices decline to their lowest level in more than a month

Baghdad, Oil prices closed lower at settlement at the end of trading, Monday, recording their lowest level in more than a month.

Brent crude futures fell 23 cents, or 0.3 %, to reach $82.40 per barrel at settlement, the lowest level since the elevent…

Libya, Russia sign cooperation agreement

Tripoli, Mohamed Al Raid, the Head of the Libyan General Union of Chambers of Commerce, signed with Vladimir Badalko, the Deputy Head of the Chamber of Commerce and Industry of Russia, a cooperation agreement in the economic sector.

The agreement, wh…

Digesting Biden exit, markets focus on earnings, data

Washington, World markets steadied on Tuesday as investors looked beyond Joe Biden’s exit from the U.S. presidential race, turning their focus to corporate earnings and economic data.

Biden’s exit from the race has cast some doubt on a Republican vic…

Minister Badawi Outlines Efforts to Boost Petroleum Production

Prime Minister Mostafa Madbouly has met with the Minister of Petroleum and Mineral Resources Karim Badawi to review several important topics related to the petroleum sector.

During the meeting, they discussed the status of imported natural gas shipme…

Al-Mashat reviews NIB’s role in boosting Egypt’s economy

Egypt’s Planning and Economic Development Minister Rania Al-Mashat has underlined the crucial role of the National Investment Bank (NIB) in driving Egypt’s economic growth and development.

Al-Mashat, who also chairs the NIB, met with the bank’s Vice …

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Ayla Red Sea Half Marathon Set to Boost Sports Tourism in Aqaba

Aqaba:The city of Aqaba is gearing up to welcome runners and visitors on December 4 for the Ayla Red Sea Half Marathon, a major event aimed at enhancing the city’s tourism appeal and reinforcing its status as a hub for sports tourism.

According to J…