May 8, 2026

Indonesia Volcano Eruption Leaves 20 Hikers Missing

Manama: Indonesian authorities launched rescue operations after the eruption of Mount Dukono on Halmahera Island, which left 20 hikers missing and sent a volcanic ash plume about 10 kilometres into the sky. The head of the local search and rescue agen…

World Bank Approves $1 Billion Financing Package for Egypt

Cairo: The World Bank has approved a $1 billion financing package aimed at supporting Egypt’s initiatives to boost job creation through private sector involvement and to fortify economic reforms.

According to Bahrain News Agency, the package featur…

Bahrain Defence Force on High Alert Amid Rising Tensions

Manama: The General Command of the Bahrain Defence Force (BDF) announced that all its services and units are at the highest levels of readiness and full defensive preparedness. The statement emphasized the commitment of the BDF to defend the Kingdom a…

Oil Prices Surge Over 1% Amid Supply Disruption Concerns

New york: Oil prices rose more than 1% on Friday amid renewed concerns over supply disruptions. Brent crude futures increased by $1.41, or 1.41%, to $101.47 per barrel, while US West Texas Intermediate crude futures rose by $1.12, or 1.18%, to $95.93 …

Gold Rises, Heads for Weekly Gains

Manama: Gold prices edged higher on Friday and were on track for weekly gains as easing inflation concerns supported investor sentiment. Spot gold rose 0.3% to $4,700.80 per ounce, while US gold futures for June delivery stood at $4,709.90.

Accordin…