The Arabian Gulf

Media IN Kuwait BNA 28th-06-2019 Kuwait’s oil minister said he supported an extension of a deal between OPEC and non-OPEC countries to cut output until the end of 2019, state news agency KUNA reported on Thursday. Kuwait was committed to reducing its production according to the agreement before an OPEC …

Media IN Manama, 28th-06-2019 BNA Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has acquired a significant minority equity stake in Premo Group (Premo), a leading manufacturer of customised passive electromagnetic components for applications in automotive, telecommunications and electronics industries, amongst others. Premo was …

Media IN Manama, June 27, 2019, SPA Bahrain All Share Index has closed at 1,468.30 points marking an increase of 7.67 points above the previous closing. This increase was due to the rise in the Commercial Banks Sector, Investment Sector, Services Sector and Hotels & Tourism Sector. Bahrain lslamic Index …

Media IN Manama:27th-06-2019 Zoho has launched an e-commerce solution, Zoho Commerce, to help businesses set up and manage online sales. Zoho Commerce is powered by Zoho’s Artificial Intelligence (AI) assistant Zia and is VAT-compliant. Deep integration with other Zoho products like Zoho Books (online accounting software) and Zoho Campaigns (email …

Media IN Manama, June 25 2019 (BNA): The Central Bank of Bahrain (CBB) announced that this month’s BD100 million issue of Government Treasury Bills has been oversubscribed by 233%. The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain. The …

Media IN Manama, June 25 (BNA): Bahrain Bourse (BHB) held today its3rdsemi-annual brokers meeting for its broker members as part of its continuous efforts to enhance stakeholder engagement, During the meeting, brokers were updated on key developments taking place at Bahrain Bourse including the newly proposed opening investor account process …

Media IN Manama,Bahrain 25 June 2019:  Gulf Air, the national carrier of the Kingdom of Bahrain, will feature United Nations’ award-winning series of short feature stories – ‘UN in Action’, that reports on the organization’s peacekeeping efforts as well as United Nations’ projects aimed at reducing poverty and human suffering, …

Media IN Manama, June 25 (BNA): Bahrain All Share Index has closed at 1,462.05 points marking an increase of 7.27 points above  the previous closing . This increase was due to the rise   in the Commercial Banks Sector, Services Sector and Industrial Sector. Bahrain Islamic Index has closed at …

Media IN Manama, June 24 BNA: The Central Bank of Bahrain (CBB) announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 139%.  The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom …

Media IN Amman, June 24, 2019, SPA Amman Stock Exchange (ASE) opened trading on Monday with a rise to 1,862 points compared to 1,860 points of last session closure, according to market sources. The market index fluctuated between 1,860 points and 1,863 points in the first 15 minutes of today’s …