Media IN Manama, May 16 (BNA): GFH Group reported a 6.47% increase in revenues, which reached $70.12 million compared to $65.86 million in the first quarter of 2018. This shows GFH’s continued success in implementing its strategy, which remains highly focused on diversifying and enhancing revenue streams and income generation …
Read More »Bahrain Bourse daily trading performance
Media IN Manama, May 16, 2019, SPA Bahrain All Share Index has closed at 1,408.66 points marking an increase of 0.21 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 749.20 …
Read More »Kuwait oil price stands at US$70.62 pb
Media IN KUWAIT, 15th May, 2019 The price of Kuwaiti oil went down US$1.14 to $70.62 per barrel, on Tuesday, compared to US$71.76 pb last Monday, Kuwait Petroleum Corporation said on Wednesday. the price of the Brent crude contracts went up $1.01 to $71.24 pb, also the West Texas Intermediate …
Read More »Bahrain Bourse daily trading performance
Media IN Manama, May 14 2019: Bahrain All Share Index has closed at 1,408.44 points marking a decrease of 7.70 points below the previous closing . This decrease was due to the fall in the Commercial Banks Sector and Industrial Sector. Bahrain Islamic Index has closed at 750.96 points marking …
Read More »An ”Authorised Economic Operator” pact signed between UAE and KSA
Media IN Riyadh 14-05-2019 The UAE and Saudi Arabia signed an Authorized Economic Operator (AEO) agreement yesterday in Riyadh by Customs Commissioners and Chairman of the Federal Customs Authority, and Governor of the General Customs Authority. The agreement aims to improve the customs cooperation between the two countries and facilitate …
Read More »USD, Euro stable while British pound Sterling declines in the Foreign Exchange Market
Media IN Kuwait 14-05-2019 The Exchange rate of the US Dollar on Tuesday was stable exchanging at KD 0.303, the same case with the Euro which exchanged at KD 0.341, said the central bank of Kuwait (CBK) The CBK added that the British Pound Sterling went down to 0.393, while …
Read More »New routes added by Gulf Air
Media IN Manama, May 14 2019: Gulf Air is reinforcing a balance between the Eastern and the Western routes, the airline is expecting two more planes this summer to bolster its existing and upcoming frequencies. Gulf Air’s Chief Executive Officer,said there has been a focus on bolstering the airliner’s capacity, …
Read More »Kuwait Airways: on time record ”improved considerably”
Media IN/Abu-dhabi/11-05-2019 Kuwait Airways emphasised that its flight schedule compliance records has improved considerably for the total flights operated in the first quarter of this year. Kuwait National carrier issued a statement that its growth rate has risen 24 per cent, from 59 percent in 2018 to 83 percent during …
Read More »Kuwait oil price up 92 cents, stands at USD 70.93
Media IN/Abu-dhabi/ 11-05-2019 KUNA The price of Kuwait oil went up 92 cents Friday to USD 70.93 per barrel (pb) prior to USD 71.01 pb the day before, Kuwait petroleum corporation (KPC) said saturday. Meanwhile, the price of the Brent crude contracts went up 23 cents to USD 70.62 pb, …
Read More »Central Bank of Bahrain: Treasury bills issue 1755 oversubscribed by 332%
Media IN/ Abu-dhabi/ 09-05-2019 (BNA) Manama: The Central Bank of Bahrain (CBB) announced that the BD 35 million monthly issue of Government Treasury Bills has been oversubscribed by 332%.The bills, carrying a maturity of 182 days, are issued by the CBB, on behalf of the Kingdom of Bahrain. The issue …
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