Business

CBB Treasury Bills Oversubscribed by 196 Percent

Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 196 percent. 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 Bahra…

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Gold Prices Surge as Spot Gold Rises by 0.7%

Manama: Gold prices rose on Friday, with spot gold up by 0.7% to $4,051.97 an ounce as of 1128 GMT. U.S. gold futures for August delivery saw an increase of 0.5%, reaching $4,067.50 per ounce.

According to Bahrain News Agency, other precious metals a…

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