The Arabian Gulf

Media IN Manama, Jun. 9 (BNA): Bahrain All Share Index has closed at 1,446.01 points marking an increase of 11.38 points above the previous closing. This increase was due to the rise  in the Commercial Banks Sector, Investment Sector and Services Sector. Bahrain lslamic Index has closed at 769.97 points marking an increase of …

Media IN Kuwait, 9th June 2019 (KUNA) The exchange rate of the US Dollar remained at KD 0.303, while the Euro came up to KD 0.343, said the Central Bank of Kuwait  on Sunday. The Central Bank of Kuwait indicated that the British pound sterling went up KD 0.386, and …

Media IN Dubai  9th-06-2019: The UAE Internal Auditors Association (UAE-IAA) and   Institute of Internal Auditors-Oman (IIA-Oman) have signed a Memorandum of Understanding (MoU) with a validity of three years. The agreement will facilitate both the organisations go in for joint cooperation and promotion and also to work for professional honing …

Media IN Manama, Jun. 5 2019 (BNA): Bahrain’s money supply (M3) increased to BD13.2 billion ($34.7 billion) at the end of the first quarter (Q1) of this year compared to BD12.4 billion at the end of Q1 2018, according to data released by the Central Bank of Bahrain (CBB). The …

Media IN Manama, 3 June, 2019 BNA: The Central Bank of Bahrain announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 109%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom …

Kuwait, June 3rd-June-2019 KUNA The exchange rate of the US Dollar remained at KD 0.303, so did the Euro at KD 0.339, said the Central Bank of Kuwait on Monday. The Central Bank of Kuwait indicated that the British pound sterling came down to KD 0.383, while the Swiss Franc …

Kuwait, 3rd-June-2019 KUNA Boursa Kuwait ended trading Monday in the green Zone as the premier market index went up by 47.13 points to reach 6,276.36 points. The main market index went up by 22.31 points to reach 4,767.42 points; on the other hand, the All share market index went up …

Media IN Seoul,  03, June 2019, SPA China’s Shanghai Composite lost 0.3% to 2,890.08 after surveys showed a deteriorating manufacturing outlook in May. Japan’s Nikkei 225 index lost 0.9% to 20,410.88, and Hong Kong’s Hang Seng shed 0.1% to 26,871.23. The S&P ASX 200 dropped 1.2% to 6,320.50, and South …

Media IN Muscat 3rd-June-2019: Oman has introduced new decree granting tax exemptions for tourism projects in Musandam, plans are underway to introduce more than 30 plots of land to investors according to the Minister of Tourism. The Minister of Tourism said that the Ministry currently has several plots in the …

Media IN Manama, 3rd-June-2019 (BNA):  Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, released its consolidated financial statements for the year ended 31st December 2018 Total assets of the state investor grew to US $16.8 billion (BD 6.3 billion) in 2018 from $15.4 billion in …