Business

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 106%. The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain. The issue date of…

Manama, President of the Bahrain Businesswomen Society (BBS), Ahlam Janahi, has stressed the importance of the Financial Services Sector Development Strategy (2022-2026), given the fact that it is among the economic sectors of priority. She asserted th…

Seoul, Samsung Group’s de facto leader Lee Jae-yong is set to leave for the United Arab Emirates on Monday, the company said, in the latest move to expand global networks and seek new business opportunities.The trip will also take the vice chairman of …

Jeddah, Saudi Aramco has signed five agreements with French companies, including an agreement to explore a hydrogen-powered vehicle business with Gaussin, the oil giant said in a statement. “The agreement between Aramco and Gaussin aims to establish a …

Manama, Bahrain All Share Index has closed at 1,768.36 points marking an increase of 6.76 points above the previous closing .This increase was due to the rise in the Communications Services Sector and Financials Sector.Bahrain Islamic Index has clos…

Beijing, Goldman Sachs Group Inc (GS.N) and the International Finance Forum (IFF), a Beijing-headquartered think tank, launched a green finance working group on Saturday, the two said. The working group will facilitate dialogue on climate action among …

New Delhi, Bitcoin dived 12.14% to $47,176.09 on Saturday, losing $6,567.6 from its previous close. Bitcoin, the world’s biggest and best-known cryptocurrency, is down 31.6% from the year’s high of $69,000 reached on Nov. 10, Reuters reported. Ether, t…