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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 …

Alba, SAP sign agreement

Manama, Aluminium Bahrain B.S.C. (Alba), one of the world’s largest aluminium smelters, has inked an agreement with SAP, a market leader in enterprise application software, to upgrade its enterprise resource planning solution (ERP) to SAP’s latest sof…

China’s smartphone shipments reach 69.3 mln units in Q1

Beijing, China’s smartphone shipments grew by 6.5 percent year on year to 69.3 million units in the first quarter of 2024, data from a recent industry report showed.

Although this growth figure was supported by a low comparison base year, it marked t…

Riyadh hosts 3rd Global Project Management Forum

The Global Project Management Forum (GPMF) announced on Sunday, the 3rd edition of the forum will launch on June 2-3 in Riyadh, under the theme “we achieve the dream: Leadership, Empowerment, Sustainability”.

The forum’s organizing committee and its …

Jordan bets on mining to heal USD 3 bln deficit

Jordan at the official level is seeking to create new local income resources to cope with the state budget deficit projected at USD three billion in 2024.

Jordan, a country with scarce economic resources, focused over the past two years on mining and…

Casablanca Stock Exchange Ends Good Day as MASI Gains .14%

Stock Exchange (Casablanca) – The Casablanca Stock Exchange ended Monday on a positive note, with its main index, the MASI, gaining 0.14% to reach 13,373.9 points.

The MASI.20, which comprises the 20 most liquid stocks, saw a slight increase of 0.03%…