CBB cuts overnight interest rate by 50 basis points

Manama, The Central Bank of Bahrain (CBB) announced its decision to cut the overnight deposit rate by 50 basis points from 6.00% to 5.50%, effective 19 th September 2024. This decision comes as part of the measures taken by CBB in maintaining monetary and financial stability in the Kingdom of Bahrain in light of global financial market developments. Source: Bahrain News Agency

U.S. Embassy in Libya Endorses Continued Involvement with UNSMIL

Tripoli:The U.S. Embassy in Libya has expressed its support for the ongoing engagement between Libyan parties and the United Nations Support Mission in Libya (UNSMIL). This collaboration is focused on achieving a consensus to pave the way for a unifie…