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Business

Kuwait crude oil drop USD 1.54 Mon. to USD 81.49 pb – KPC

Kuwait crude oil dropped USD 1.54 during Monday’s trading to reach USD 81.49 per barrel compared with USD 83.03 last Thursday, Kuwait Petroleum Corporation (KPC) said Tuesday.Brent futures also lost USD 1.37 to USD 78.50 pb and West Texas Intermediate…

Finance Ministry issues Q1 2023 Report

The Ministry of Finance and National Economy today published the quarterly economic report of the Kingdom of Bahrain for the first quarter of 2023.The report sheds light on Bahrain’s economic indicators, as well as the most important developments in te…

Bahrain Almond Festival to be held annually, ministry

The Ministry of Municipalities and Agriculture is planning to hold more festivals to promote locally-produced fruits.Undersecretary for Agricultural Affairs and Marine Resources Dr. Khalid Ahmed Hassan unveiled the plans, hailing the success of the mai…

UN chief calls for transformation of global financial system

UN Secretary-General Antonio Guterres called for a transformation of the global financial system to rescue the Sustainable Development Goals.”To rescue the Sustainable Development Goals, we need a transformation of the global financial system, so that …

Eurogroup discusses int’l role of euro

Finance ministers of the 20-member Eurogroup exchanged views on the international role of the euro, based on the annual review published by the European Central Bank. According to an EU statement released after the meeting in Brussels late Thursday, th…