Manama: The US dollar rose on Friday, supported by higher US Treasury yields following reports indicating the possibility of an interest rate increase in September. The dollar gained against the Japanese yen and remained on track for weekly gains, whi…
Manama: Oil prices extended gains on Friday: Brent crude futures rose 1.2% to $83.48 a barrel, while US West Texas Intermediate (WTI) crude futures gained 1.1% to $78.84 a barrel.
According to Bahrain News Agency, both benchmarks had settled more th…
Manama: Bahrain All Share Index has closed at 1,963.23 points, marking a decrease of 2.00 points below the previous closing. This decline was attributed to a drop in the consumer discretionary sector, the materials sector, and the consumer staples sec…
Manama: The German chemical industry has warned that low water levels on the Rhine and other rivers could force companies to cut production as transport costs rise and supply chains come under pressure. “If ships are forced to carry smaller loads or c…
Manama: Bahrain All Share Index and Bahrain Islamic Index both closed higher, marking significant gains in the stock markets. The Bahrain All Share Index reached 1,965.23 points, an increase of 8.99 points from its previous closing.
According to Bah…
Manama: Gold rose for a third straight session on Wednesday. Spot gold was up 1.4% at $4,133.83 per ounce by 0455 GMT, reaching a two-week high. U.S. gold futures increased by 1% to $4,191.90.
According to Bahrain News Agency, spot silver gained 2% t…
Manama: Bahrain All Share Index has closed at 1,956.24 points, marking a decrease of 0.46 points below the previous closing. This decrease was attributed to the drop in the financial sector.
According to Bahrain News Agency, the Bahrain Islamic Inde…
Manama: Aluminium Bahrain B.S.C. (Alba), the world’s largest aluminium smelter on one site, has announced a net profit attributable to its equity holders of BHD64.9 million (USD172.5 million) for the second quarter of 2026, marking a 164% increase com…
Manama: This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 114.29%. These bills, which carry a maturity period of 91 days, are issued by the Central Bank of Bahrain (CBB) on behalf of the Government of the Kingdom …
Manama: Bahrain All Share Index has closed at 1,956.70 points, marking a decrease of 1.29 points below the previous closing. This decrease was due to the drop in the industrial sector, the material sector, and the real estate sector.
According to Ba…