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Day: September 9, 2024

CBB Sukuk Al Salam securities over subscribed by 185%

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al Salam Islamic securities, has been oversubscribed by 185%.

Subscriptions worth BD 79.572 million were received for the BD 43 million issue, which carries a ma…

Bahrain All Share Index marks 1,937.96 points

Manama, Bahrain All Share Index has closed at 1,937.96 points, marking a decrease of 11.59 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 810.95 points, marking a de…

Dollar exchange rates rise in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar witnessed a slight increase today, Monday, in Baghdad, Basra and Erbil.

Below is a list of the dollar selling prices:

$100 = 149,800 dinars in Baghdad

$100 = 149,750 dinars in Basra

$100 = …

Oil prices rise by more than a dollar in early trading

Oil futures raised more than a dollar in early trading on Monday, as markets recovered from a wave of selling following weaker-than-expected U.S. jobs data on Friday.

West Texas Intermediate crude futures rose $1, or 1.48 %, to $68.67 a barrel. Bren…

Heavy rains in Chad kill 341 people and affect 1.5 million others

The United Nations Office for the Coordination of Humanitarian Affairs (OCHA) in Chad reported that the heavy rains that the country has witnessed since last July have killed 341 people and affected 1.5 million others.

The office explained in its re…

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