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Business

Qatar PM: Negotiation on Gaza ceasefire reaches “stalemate”

DOHA, Talks over a ceasefire in Gaza reached a state of “stalemate”, Qatar’s Prime Minister and Foreign Minister Sheikh Mohammad bin Abdulrahman said on Tuesday.

The best way to stop the ongoing fighting in the besieged Gaza Strip, that Qatar calls f…

CBB Sukuk Al-Salam Securities oversubscribed by 194%

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities, has been oversubscribed by 194%.

Subscriptions worth BD 84 million were received for the BD 43 million issue, which carries a maturit…

Bahrain All Share Index marks 2,023.02 points

Manama, Bahrain All Share Index closed at 2,023.02 points, marking a decrease of 0.17 points below the previous closing.

This decrease was due to the fall in the materials sector and the real estate sector.

The Bahrain Islamic Index closed at 768.03…

Kuwait, Oman ink four MoUs for boosting cooperation

Kuwait and Oman on Monday hammered out four memoranda of understanding for furthering industrial, investment, economic and diplomatic cooperation.

The memos were signed on the sidelines of the Kuwaiti-Omani trade and investment forum held at the Kuwa…

France lures USD 16 bln amid record foreign investment drive

France on Monday secured a record USD 16 billion worth of foreign investments as the annual “Choose France” business summit kicked off at the venerable Versailles Palace, presided over by President Emmanuel Macron.

The record surge in investments cov…

Microsoft to invest 4 bln euros in France

Microsoft announced on Sunday investing four billion euros in the artificial intelligence (AI) sector and developing data centers around France.

This came during President Emmanuel Macron’s visit to Microsoft’s headquarters, before heading “Choose Fr…