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Business

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%…

CBB Treasury Bills oversubscribed by 181%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 181%.

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.

CBK announces new bonds, tawarruq worth KD 200 mln

The Central Bank of Kuwait (CBK) announced Monday news bonds and related tawarruq valued at KD 200 million (USD 600 million).

In a statement to KUNA, the CBK said that the securities bear a 4.375 percent rate with a three-month maturity rate.

Sourc…

Kuwait keen on supporting inventers, intellectuals, innovators

Undersecretary of the Ministry of Commerce and Industry, Ziyad Al-Najim affirmed on Monday Kuwait’s keenness to support Kuwaiti inventors, innovators and intellectuals regionally and internationally. In the opening speech of the Intellectual Property …

CBK: USD drops to KD 0.307, Euro at KD 0.330

The exchange rate of the US dollar on Monday dropped 0.08 percent against the Kuwaiti dinar trading at KD 0.307 and the euro rose by 0.23 percent to KD 0.330 compared to Sunday’s rates.

The Central Bank of Kuwait (CBK) said on its daily bulletin that…