Category: BUSINESS

CBB 12 month Treasury Bills issue No. 119 oversubscribed

Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 248%.

The bills, carrying maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is August 22, …

Al-Sudani visits the South Nasiriyah power transformer station

Prime Minister Mohammed Shia Al-Sudani visited today, Tuesday, the South Nasiriyah Transformation Power Station, announcing the launch of station expansion projects to achieve appropriate capacities and availability for transmission networks.

Source…

Egypt’s govt. committed to support automotive industry

The Egyptian Minister of Industry, Kamel El Wazir, reaffirmed the government’s commitment to supporting the growth of the automotive industry in Egypt, emphasising the significance of backing global automotive companies as they expand within the Egypt…

Oil prices fall as supply concerns ease

Oil prices fell on Tuesday after concerns about supply disruptions in the Middle East eased.

Brent crude prices fell 12 cents, or $2.02, or 0.15%, to $77.54. US West Texas Intermediate (WTI) crude futures for the nearest month, which expire on Tuesda…

Egypt govt. pledges financial boost for petroleum sector

Egypt’s Finance Minister Ahmed Kouchouk has outlined a comprehensive plan to bolster the petroleum sector with essential financial resources.

The strategy, unveiled during a recent meeting chaired by Prime Minister Moustafa Madbouly on Tuesday, aims …

Petroleum Minister Backs Petronas and Shell’s Joint Efforts

Minister of Petroleum and Mineral Resources Karim Badawi has met with Hany Esmat, the CEO and Country Head of Operations at Petronas Egypt, where they discussed the joint projects and investment for developing natural gas production through the two pr…

Petroleum Minister Backs Petronas and Shell’s Joint Efforts

Minister of Petroleum and Mineral Resources Karim Badawi has met with Hany Esmat, the CEO and Country Head of Operations at Petronas Egypt, where they discussed the joint projects and investment for developing natural gas production through the two pr…

Libya and Philippines Discuss Enhanced Bilateral Cooperation

Amman:Ashraf Al-Taib, the Director of the International Cooperation Department at the Ministry of Foreign Affairs, met with Roderico C. Atienza, Chargé d’Affaires of the Philippine Embassy in Libya, to explore ways to strengthen and develop relations …

Libya and Philippines Discuss Enhanced Bilateral Cooperation

Amman:Ashraf Al-Taib, the Director of the International Cooperation Department at the Ministry of Foreign Affairs, met with Roderico C. Atienza, Chargé d’Affaires of the Philippine Embassy in Libya, to explore ways to strengthen and develop relations …

Libya and Uganda Discuss UN Security Council Representation

Tripoli:Taher Al-Baour, head of the Ministry of Foreign Affairs and International Cooperation of the Government of National Unity, met with Haruna Kasolo Kyeyune, Uganda’s Minister of State for Foreign Affairs and Regional Cooperation, to discuss bila…