CBB cuts overnight interest rate by 50 basis points

Manama, The Central Bank of Bahrain (CBB) announced its decision to cut the overnight deposit rate by 50 basis points from 6.00% to 5.50%, effective 19 th September 2024. This decision comes as part of the measures taken by CBB in maintaining monetary and financial stability in the Kingdom of Bahrain in light of global financial market developments. Source: Bahrain News Agency

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Three People Killed in Vehicle Accident in Amman

Amman: Three people were killed in a vehicle accident early Wednesday in the Al-Mahatta area of Amman, the Public Security Directorate’s media spokesperson said.

According to Jordan News Agency, the spokesperson stated that the vehicle struck a concr…