Category: Affairs

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

Bahrain All Share Index marks 2,008.59 points

Manama, Bahrain All Share Index has closed at 2,008.59 points, marking a decrease of 4.18 points below the previous closing.

This decrease was due to the drop in the communication service sector, financial sector and material sector.

Bahrain Islami…

CBB grants first BNPL license to Tamara Bahrain

Manama, The Central Bank of Bahrain (CBB) has granted Tamara Bahrain the first Buy Now Pay Later (BNPL) license to operate in the Kingdom.

Tamara is a payment platform headquartered in Saudi Arabia with operations in the United Arab Emirates and Kuw…

Casablanca Stock Exchange Maintains Momentum, Opens in Green

Stock Exchange (Casablanca) – The Casablanca Stock Exchange started trading on the green on Monday with its benchmark index, the MASI, rising by 0.3% to 14,492.87 points.

On Friday, the MASI had closed with a 0.55% gain.

Source: Agence Marocaine De…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

Oil rises on Middle East supply risks

Oil prices rose on Monday, affected by increasing concerns about a possible disruption in supply from the Middle East region, after Israel intensified its attacks.

By dawn today, Brent crude futures for November delivery rose 16 cents, or 0.22%, to $…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

PM monitors efforts to secure petroleum supplies for power plants

Prime Minister Mostafa Madbouly held a meeting on Monday 30/9/2024 to discuss efforts to ensure a consistent supply of petroleum products for power plants.

Attending the meeting were Minister of Electricity and Renewable Energy Mahmoud Essmat, Minist…

John Cockerill joins $900m green ammonia project in Egypt

John Cockerill, a global company, is set to enter into a partnership with Scatec and other companies to implement a green ammonia production plant in Damietta, Egypt, with an investment exceeding $900 million.

During a meeting with Egypt’s Petroleum …

Al-Sayeh Engages with WHO Libya Office on Health Initiatives

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…

Al-Sayeh Engages with WHO Libya Office on Health Initiatives

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…