CBB Treasury Bills oversubscribed by 215%
Manama, This week's BD 70 million issue of Government Treasury Bills has been oversubscribed by 215%. The bills, carrying a maturity of 91 days, are issued by the Central Bank…
Bahrain All Share Index marks 1,931.24 points
Manama, Bahrain All Share Index has closed at 1,931.24 points, marking a decrease of 20.09 points below the previous closing. This decrease was due to the drop in the financial…
Iraq, BP ink oil, gas fields MoU in Kirkuk governorate
Iraq's Ministry of Oil signed a comprehensive Memorandum of Expertise with British Petroleum (BP) to develop oil and gas fields in Kirkuk Governorate, north of the country. The presidential media…
China’s factory activity contracts for third month
China's factory activity contracted for the third consecutive month in July, government data showed. The Purchasing Managers Index (PMI) for China's manufacturing sector, a gauge of activity of some 3,000…
CBB Government Development Bond Issue No.36 oversubscribed by 280%
Manama, The Central Bank of Bahrain (CBB) announces that the issue of the 3-year Government Development Bond has been oversubscribed by 280%. Subscriptions worth BD 419.294 million were received for…
Casablanca Stock Exchange Closes Lower
Stock Exchange (Casablanca) - The Casablanca stock exchange closed trading in the red on Thursday with its benchmark index, the MASI, down 0.05%, to 13,977.97points (pts). The MASI.20, an index…
Casablanca Stock Exchange Opens Trading in Green
Stock Exchange (Casablanca) - The Casablanca Stock Exchange, closed on Tuesday on the occasion of Throne Day, began trading in the green on Wednesday, with its main index, the MASI,…
US Fed keeps interest rate at 5.25-5.5 pct.
Federal Open Market Committee (FOMC) of the US Federal Reserve decided to maintain the target range for the federal funds rate at 5.25 to 5.5 percent. Recent indicators suggest that…