Business

Bahrain All Share Index marks 2,015.74 points

ManamaBahrain All Share Index has closed at 2,015.74 points, marking a decrease of 1.41 points below the previous closing.

This decrease was due to the drop in the communication services sector and the financial sector.

Bahrain Islamic Index has clo…

Saudi Ministry: Tourists spending exceeds USD 12 bln in ’24 Q1

Saudi Ministry of Tourism on Tuesday announced a 22.9 percent growth in inbound visitor spending during the first quarter of 2024 compared to the first quarter of 2023, with their total spending exceeding SAR 45 billion (approx. USD 12 billion).

The …

Oil prices closed approximately 2 % higher at settlement

Oil prices closed, Monday, up about two percent at settlement, recording the highest level in two months, amid expectations of increased demand during the peak summer travel season in the Northern Hemisphere.

Brent crude futures rose $1.60, or 1.9 %,…

CBB Treasury Bills Fully subscribed

Manama: This week’s BD 70 million issue of Government Treasury Bills has been fully subscribed by 100%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain….