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Business

Closing prices for crude oil, gold and other commodities

Benchmark U.S. crude oil for October delivery fell 22 cents to $87.29 a barrel Monday. Brent crude for November delivery fell 1 cent to $90.64 a barrel.

Wholesale gasoline for October delivery rose 7 cents to $2.72 a gallon. October heating oil rose…

Forecast: EU economy grows but with reduced momentum

The economy of the European Union continues to grow, albeit with reduced momentum, according to the European Commission Summer Economic Forecast, presented Monday.

The forecast revises growth in the EU economy down to 0.8 percent in 2023, from one p…

Justice Minister honours Quran competition laureate

Justice, Islamic Affairs and Endowments Minister Nawaf bin Mohammed Al Maawda today honoured Mohammed Adnan Al Maawda, who finished second in the 43rd edition of King Abdulaziz International Competition 43rd King Abdulaziz International Competition fo…

Longstanding Bahrain-India ties hailed

Chief of Asian and Pacific Affairs at the Foreign Ministry Ambassador Fatima Abdulla Al Dhaen today attended the reception party which was hosted by Indian Ambassador-designate Vinod K. Jacob, on the sidelines of the visit of former Indian President t…

Finance Minister receives GCC Secretary-General

Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa stressed the importance of building on common GCC achievements to attain further aspirations and accomplishments.

Receiving Gulf Cooperation Council Secretary-General Jassem …

Cargo Ship laden with Kuwaiti aid arrives in Sudan port

An Egyptian cargo ship carrying some 190 tonnes of Kuwaiti aid arrived in Sudan’s main Red Sea Port on Sunday, with relief assistance running the gamut from food supplies to healthcare essentials.

The Kuwaiti aid package is a testament to the countr…