Manama, The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 280%.
Subscriptions worth BD 419.294 million were received for the BD 150 million issue, which carries a maturity …
Polaris International Industrial Parks Company plans to infuse around $120 million in fresh investments, collaborating with the New Urban Communities Authority to execute a development project spanning 2.6 million square meters in New October.
This i…
The US dollar declined today after the Federal Reserve (US Central Bank) kept the door open for a rate cut in September, helping stabilize the yen near its highest level since March following the Bank of Japan’s shift towards a tightening policy The y…
Prime Minister Mohammed Shiaa al-Sudani sponsored the signing ceremony of a comprehensive petroleum memorandum of understanding between the Ministry of Oil and the British Petroleum Company (BP) to develop Kirkuk fields for oil and gas production.
A …
Gold prices climbed to a two-week high on Thursday as US Federal Reserve Chair Jerome Powell opened the door to cutting interest rates as early as September.
Spot gold was steady at $2,448.38 per ounce, after hitting its highest level since July 18 e…
Egyptian Petrochemicals Holding Company (ECHEM), Sidi Kerir Petrochemicals Co. (SIDPEC), Egyptian Natural Gas Company (GASCO), and Gama Construction signed on Thursday a shareholders’ agreement to establish the Alexandria Supply Chain Company.
The pr…
Oil futures jumped about three percent amid investor concerns about the expansion of the conflict in the Middle East, and after a sharp decline in US crude inventories.
Brent crude futures for September delivery rose $2.09 per barrel, or 2.66 %, to $…
Doha: The Gulf Organisation for Research and Development (GORD) announced its partnership with the United Nations Office for South-South Cooperation (UNOSSC) to launch the global South-South and Triangular Cooperation Solutions Lab.
The initiative wa…
Kuwait Bourse closed Thursday trading as the All Share Index lost 25.28 points to reach 7,214.13 points, a decrease of 0.35 percent.
As many as 207.7 million shares valued at KWD 49.4 million (roughly USD 151 million) were traded via 12,737 transacti…
Secretary-General of the Gulf Cooperation Council (GCC) Jassim Mohammad Al Budaiwi and Indonesia’s Minister of Trade Dr. Zulkifli Hasan signed the joint statement to launch negotiations on the Indonesia-GCC Free Trade Agreement (I-GCC FTA).
Both side…
Seoul, South Korea’s industrial output fell for the second consecutive month in June, but retail sales and facility investment rebounded.
Industrial output inched down 0.1% on-month in June, following a 0.8% fall a month earlier.
The decline came as…
Stock Exchange (Casablanca) – The Casablanca Stock Exchange, closed on Tuesday on the occasion of Throne Day, began trading in the green on Wednesday, with its main index, the MASI, edging up 1.54% to 14,119.18 points.
On Monday, the MASI had closed …
Abu Dhabi:Al-Sayeh Haider Al-Sayeh, Head of the National Center for Disease Control (NCDC), met with WHO Representative Shible Sahbani to discuss methods for strengthening national disease control efforts, aiming to enhance health services for the Lib…
Abu Dhabi:Al-Sayeh Haider Al-Sayeh, Head of the National Center for Disease Control (NCDC), met with WHO Representative Shible Sahbani to discuss methods for strengthening national disease control efforts, aiming to enhance health services for the Lib…
Abu Dhabi:The Ministry of Interior held a ceremony on Thursday to commemorate the 62nd anniversary of Libyan Police Day. The event saw the presence of Major General Imad Al-Trabelsi, the Libyan Minister of Interior, Tunisian Minister of Interior Khale…
VSlcea:Joint veterinary health certificates have been signed between the Ministry of Agriculture and Livestock of the Government of National Unity and Romanian authorities to increase meat and animal product imports to the Libyan market.
Accourding …
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