Manama: The Central Bank of Bahrain (CBB) announced a significant oversubscription for its monthly issue of the six-month short-term Ijara Murabaha Sukuk, reaching 213% above the original offering. This marks a substantial interest from investors in t…
Manama: Gold prices fell on Tuesday as spot gold decreased by 0.7% to $4,045.89 per ounce by 0448 GMT, following a rise of up to 1% on Monday. Additionally, U.S. gold futures for August delivery experienced a loss of 0.8%, dropping to $4,046.20.
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Manama: Bahrain All Share Index has closed at 1,967.03 points, marking an increase of 1.56 points above the previous closing. This increase was due to the rise in the communication services sector, the financial sector, and the industrial sector. Bahr…
Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 100.43%. The bills, which carry a maturity of 91 days, have been issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of …
Manama: Bahrain All Share Index has closed at 1,965.46 points, marking a decrease of 0.30 points below the previous closing. This decrease was due to a drop in the financials sector. Bahrain Islamic Index closed at 915.61 points, marking a decrease of…
Manama: The Bahrain Institute of Banking and Finance (BIBF) has announced the launch of its AI Academy, a specialised training initiative designed to support the development of national digital capabilities through practical programmes that help indiv…
Manama: South Korean conglomerates and global tech giants, including Nvidia Corp., agreed Friday to pursue a series of cooperation projects that together are worth US$950 billion. The agreement was reached during a high-level meeting in San Francisco …
Manama: Oil prices rose for a fifth day on Thursday. Brent crude futures increased by $2.42, or 2.6%, reaching $96.49 by 0640 GMT. This marks the highest price since June 8. The previous session saw Brent crude settle up more than $3 at $94.07, nearin…
Manama: Bahraini daily newspapers today focused on local events that happened over the past 24 hours. The topics covered included advancements in transport, healthcare, and infrastructure, as well as initiatives in social responsibility and tourism.
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Manama: Her Excellency Sanae Takaichi, the Prime Minister of the Japanese Cabinet, approved its first economic and fiscal policy guidelines, prioritising aggressive fiscal spending in strategic areas to boost the economy.
According to Bahrain News A…