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Category: Industry

Oil Holds Steady amid Increased Supply, Weak Global Demand

Oil prices remained stable in early trade on Tuesday, with a potential of increased supply entering the market amid weak global demand growth.

Brent crude futures for December delivery rose 13 cents, or 0.18%, to $71.83 a barrel. US West Texas Interm…

China’s External Financial Assets Exceed $9.79 Trillion

China’s external financial assets topped $9.79 trillion at the end of June, official data showed.

The external financial liabilities stood at over $6.8 trillion at the end of June, resulting in nearly $2.99 trillion of net external assets, according …

US Stocks End Slightly Higher

US stocks ended slightly higher at the end of the trading session on Monday.

The S and P 500 .SPX gained 24.22 points, or 0.42%, to 5,762.39 and the Nasdaq Composite .IXIC added 69.58 points, or 0.38%, to 18,189.17.

Dow Jones Industrial Average .DJI…

Bahrain All Share Index marks 2,008.59 points

Manama, Bahrain All Share Index has closed at 2,008.59 points, marking a decrease of 4.18 points below the previous closing.

This decrease was due to the drop in the communication service sector, financial sector and material sector.

Bahrain Islami…

CBB Sukuk Al Ijara oversubscribed

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.

Subscriptions worth BD 102 million were received for the BD 26 million issue, which …

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