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Business

Al-Salem: Kuwaiti companies eye more investments in UAE

By Salem Al-Methen ABU DHABI, Kuwait’s firms are seeking to increase their presence in the United Arab Emirates due to developed system and legislations that have created a global market for international trade and securities, Chief of Kuwait Business…

Bahrain All Share Index marks 2,022.29 points

Manama, The Bahrain All Share Index closed at 2,022.29 points, marking a decrease of 8.89 points below the previous closing.

This decrease was due to the fall in the communications services sector and financials sector.

The Bahrain Islamic Index clo…

Seef Properties reports BD1.4 Million net profit to shareholders

Manama, Seef Properties announced its financial results for the first quarter ended 31st March 2024. The Company reported a net profit and comprehensive income attributable to the parent of BD 1.4 million during the first quarter of 2024, compared to …

CBB Treasury Bills oversubscribed by 129%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 129%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.