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Business

CBB 12 Month Treasury Bills oversubscribed by 108%

Manama, This week’s BD 100 million issue of Government Treasury Bills has been oversubscribed by 108%.

The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

The issue date of the bills is July 18, a…

Gold prices fall to $2,409.54 per ounce

Tokyo, Gold prices declined on Monday as the dollar strengthened, with investors awaiting comments from Federal Reserve officials and economic data for further clues on US interest rates.

Spot gold fell 0.1% to $2,409.54 per ounce. US gold futures dr…

Bahrain All Share Index marks 1981.63 points

Bahrain All Share Index closed at 1,981.63 points, marking a decrease of 10.13 points below the previous closing.

This decrease was due to the drop in the communications service sector, the financial sector, the industrial sector and the real estate …

Serbian Pres: Committed to boost cooperation with Egypt

The visiting Serbian President Aleksandar Vucic emphasized on Sunday his country’s commitment to increasing cooperation with Egypt, especially in boosting bilateral trade and Serbian investments in in the north African nation.

Vucic and Egyptian Prim…