Search
Close this search box.
Search
Close this search box.
Search
Close this search box.

Business

Sudan’s economy suffers losses estimated at billions of dollars

News report by Mohammad Abdulaziz KHARTOUM, A year into the brutal civil war in Sudan between the Sudanese Armed Forces (SAF) and the paramilitary Rapid Support Forces (RSF), this Arab country’s economy has suffered major losses estimated at billions …

Kuwait’s KIPCO eyes investment boom amid expansion plans

KUWAIT, Kuwait Projects Company (KIPCO) plans to focus on investment growth as the cornerstone of its future plans and endeavors, the chief executive of the country’s largest listed investment firm Sheikha Adana Al-Sabah said on Tuesday.

KIPCO is har…

CBB Treasury Bills oversubscribed by 221%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 221%.

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.

Bahrain All Share Index marks 2,016.40 points

Manama, Bahrain All Share Index has closed at 2,016.40 points, marking a decrease of 0.54 points below the previous closing.

This decrease was due to the drop in the Financial Sector and Industrials Sector.

Bahrain Islamic Index has closed at 762.93…

CBK: USD drops to KD 0.307

The exchange rate of the US dollar on Monday dropped 0.03 percent against the Kuwaiti dinar trading at KD 0.307 and the euro firmed at the level of KD 0.328 compared to Sunday’s rates, the Central Bank of Kuwait (CBK) said.

The CBK reported, in its d…

Bahrain All Share Index marks 2,016.94 points

Manama, Bahrain All Share Index has closed at 2,016.94 points, marking a decrease of 4.51 points below the previous closing.

This decrease was due to the drop in the Communication Services Sector, Financial Sector, Industrial Sector and Material Sect…