The British Oil Company (SHELL) reported that its profit for the second quarter of 2024 fell by more than 19 percent compared to the first quarter.
Despite this decline, profits were higher than expected, with Shell reporting adjusted earnings of USD…
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…
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 …
Debuts Common Room availability through Zoom and rolls out new Zoom Revenue Accelerator capabilities, Engage and Forecast, fueling the company’s vision for an AI-powered revenue OS built on customer conversations and deal intelligence SAN JOSE, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) — Today, Zoom Communications, Inc. (NASDAQ: ZM) introduced its vision for an AI-powered revenue OS: […]
Debuts Common Room availability through Zoom and rolls out new Zoom Revenue Accelerator capabilities, Engage and Forecast, fueling the company’s vision for an AI-powered revenue OS built on customer conversations and deal intelligence SAN JOSE, Calif., Sept. 15, 2026 (GLOBE NEWSWIRE) — Today, Zoom Communications, Inc. (NASDAQ: ZM) introduced its vision for an AI-powered revenue OS: […]
Tripoli: The United Nations and the League of Arab States have initiated discussions aimed at supporting development and enhancing economic governance in Libya. Georgette Gagnon, the Deputy Special Representative of the UN Secretary-General and UN Res…
Tripoli: Minister of Health Dr. Mohamed Al-Ghouj, alongside Minister of State for Prime Minister and Cabinet Affairs Mohamed Bin Ghalboun, inaugurated the 18th Libya International Healthcare Forum and Exhibition in Tripoli yesterday, Monday. The event…
Libyan Newswire is a trusted online news platform dedicated to providing comprehensive and reliable coverage of news and events in Libya. With a commitment to delivering accurate and up-to-date information.