Business

Oil Prices Decline; Brent Falls 0.68%

Manama: Oil prices declined on Friday amid expectations of increased supplies entering the market. Brent crude futures fell by 54 cents, or 0.68%, to USD 78.31 per barrel. US West Texas Intermediate crude declined by 46 cents, or 0.60%, to USD 76.14 p…

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CBB 12 Month Treasury Bills Oversubscribed by 111%

Manama: This week’s issuance of BD 100 million in Government Treasury Bills by the Central Bank of Bahrain (CBB) has been oversubscribed by 111%. The Treasury Bills, which have a maturity period of 12 months, are issued on behalf of the Kingdom of Bah…

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CBB Treasury Bills Oversubscribed by 142%

Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 142%. The bills, which have a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom of Bahrain. T…

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