Manama: The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities has been oversubscribed by 131%. Subscriptions worth BD 65.332 million were received for the BD 50 million issue, which carries a matur…
Manama: Bahrain All Share Index and Bahrain Islamic Index both recorded declines in their latest trading session. The Bahrain All Share Index closed at 1,937.28 points, reflecting a decrease of 1.27 points from its previous closing level. This decline…
Manama: Kuwait Finance House Bahrain (KFH-Bahrain) has joined Fintech Forward 2026 (FF26) as a Diamond Sponsor. The event, hosted by the Bahrain Economic Development Board (Bahrain EDB) and supported by the Central Bank of Bahrain (CBB), Bahrain Touri…
Manama: Major US stock indices opened mixed. The Dow Jones Industrial Average fell 101.2 points, or 0.19%, to 53,584.89 at the open. The S and P 500 rose 2.5 points, or 0.03%, to 7,750.19, while the Nasdaq Composite gained 3.8 points, or 0.01%, to 26,…
Manama: German automaker Volkswagen has announced plans to cut approximately 100,000 jobs by the end of the decade as part of a significant restructuring program. The decision comes as the company faces mounting economic pressures and aims to streamli…
Manama: Oil prices were on track for weekly gains of more than 6%. Brent crude futures have risen 6.1% since the start of the week, while US West Texas Intermediate crude has gained 8.3%.
According to Bahrain News Agency, the significant increase in…
Manama: Beyon Money Business, part of the Beyon Group, and BitOasis Bahrain, a leading homegrown crypto platform, have announced the launch of their closed-loop digital wallet integration. This new service allows customers to fund their BitOasis Bahra…
Manama: Bahrain All Share Index has closed at 1,938.55 points, marking a decrease of 0.11 points from the previous closing. This decline was attributed to a drop in the Materials Sector.
According to Bahrain News Agency, the Bahrain Islamic Index cl…
Cairo: The Arab Republic of Egypt has issued a strong condemnation of recent Iranian missile and drone attacks targeting the Kingdom of Bahrain, the State of Kuwait, and the Hashemite Kingdom of Jordan. Egypt described these actions as a violation of …
Amman: The official spokesperson for the Jordanian Armed Forces – Arab Army reported that the Hashemite Kingdom of Jordan was subjected to a missile attack originating from Iranian territory in recent hours.
According to Bahrain News Agency, the spo…