The Arabian Gulf

Manama 20 -10 / 2019 / SPA Bahrain General Index closed at 1,527.13 today, up from the previous close, while the Bahrain Islamic Index closed at 757.71, a decrease of 4.06 points from the previous closing. The volume of shares traded two million and 772 thousand and 916 shares with …

Dubai 20-10-2019 20 South Korean companies will participate in the 21st edition of WETEX 2019, which will start tomorrow at the Dubai International Convention and Exhibition Center in conjunction with the fourth edition of the Dubai Solar Exhibition, the largest exhibition of renewable and sustainable energy technology in the region. …

Kuwait 27-09-2019 Kuwait is among the top 20 countries in the Ease of Doing Business 2020 index, out of 190 countries to be included in the World Bank’s 2020 Business Report by the end of October. The Kuwait News Agency (KUNA) quoted a statement issued by the Kuwait Direct Investment …

Cairo 04-09-2019 / WAM The Arab Republic of Egypt and Oman signed today a memorandum of understanding to enhance cooperation in the field of oil and natural gas and exchange of expertise and technologies in addition to cooperation and investment in various fields of oil and gas industry. The signing …

ABU DHABI, 25th August, 2019 (WAM) Abu Dhabi’s First Abu Dhabi Bank, FAB, today rejected allegations by the Qatar Financial Centre Regulatory Authority, QFCRA, that its branch in the Qatar Financial Centre had failed to provide appropriate financial disclosures. The full text of an FAB statement issued today follows. As …

Media IN Manama, July 25 (BNA): Bahrain All Share Index has closed at 1,522.71 points marking an increase of 7.02 points above the previous closing. This increase was due to the rise  in the Commercial Banks Sector, Investment Sector and Industrial Sector. Bahrain lslamic Index has closed at 766.94 points …

Media IN Manama, July 15 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 320%. Subscriptions worth BD 137.48 million were received for the BD 43 million issue, which carries a maturity of 91 days. The expected …

Media IN Jeddah, July 14, 2019 The Board of Executive Directors of the Islamic Development Bank (IDB) Group has approved the financing of several new projects worth $ 340 million in Burkina Faso, Kazakhstan and Mozambique, a technical assistance grant to the Republic of Suriname, an endowment project from of …

Media IN Manama, July 13 (BNA): According to the invitation announced by the Central Bank of Bahrain (CBB), Starting sunday Bahraini and non-Bahraini investors can directly subscribe through the primary market of BHB in the Government Development Bond Issue 18 that has been issued by the CBB on behalf of …

Media IN KUWAIT, 12th July, 2019 WAM The price of Kuwaiti crude oil went up by US$2.02 to settle at US$67.71 per barrel Thursday, compared to US$65.69 pb the day before, said the Kuwait Petroleum Corporation Friday. According to the Kuwait News Agency, KUNA, in world markets, oil prices fell …