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 …
Read More »New Projects worth $ 340 million Okayed for Member States: IDB
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 …
Read More »Subscription of Government Development Bond issue 18 Commences Sunday: BHB
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 …
Read More »Kuwaiti oil price hike to $67.71
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 …
Read More »Gulf Air Enhances Automated Communication with Emarsys
Media Manama, July 10 (BNA) Bahrain national carrier Gulf Air has signed a partnership deal with Emarsys, a leading independent marketing platform company to enhance its customer automated communication systems. With this deal, Gulf Air will now be able to connect to passengers prior to and post the flight experience …
Read More »Bahrain Bourse closed in green zone on Wednesday
Media IN Manama, July 10, 2019, SPA Bahrain All Share Index has closed at 1,539.91 points marking an increase of 1.59 points above the previous closing. This increase was due to the rise in the Commercial Banks Sector, Investment Sector, Insurance Sector, Services Sector and Industrial Sector. Bahrain lslamic Index …
Read More »Bahrain Bourse closed Higher on Tuesday
Media IN Manama, 9th-07-2019 (BNA): Bahrain All Share Index has closed at 1,538.31 points marking an increase of 5.49 points above the previous closing . This increase was due to the rise in the Commercial Banks Sector and Industrial Sector. Bahrain Islamic Index has closed at 753.98 points marking a …
Read More »Boursa Kuwait closes in green Zone on Tuesday
Media IN Kuwait 9th-07-2019 The indices of Boursa Kuwait closed Tuesday’s session higher, endorsed by the active trades in line with a growing demand for blue chips and operating stocks. The All-Share Market index added 1.31% or 78.64 points to close 6,096.03 at points. Similarly, both the Main and Premier …
Read More »Kuwait oil price escalates to US$64.86 per barrel
Media IN KUWAIT, 9th July, 2019 (WAM) According to Kuwait Petroleum Corporation, the price of Kuwaiti oil went up US$1.55 to $64.86 per barrel compared to $63.31 per barrel last Friday. On a global level, the Brent Blend crude went up 12 cents to $64.11 per barrel, the same case …
Read More »Central Bank of Bahrain Treasury Bills oversubscribed by 155%
Media IN Manama, July 8 (BNA): The Central Bank of Bahrain (CBB) on Monday announced that this week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 155%. The bills, carrying a maturity of 91 days, are issued by the CBB, on behalf of the Government of …
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