Category: Industry

Kuwaiti Oil Rises 85 Cents

The price of a barrel of Kuwaiti oil rose 85 cents to reach $89.52 per barrel in weekend trading, compared to $88.67 in the previous days trading, according to the price announced by the Kuwait Petroleum Corporation.

In global markets, Brent crude fu…

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Oman’s GDP Rises in Q1 of 2024

The Gross Domestic Product (GDP) at current prices for the Sultanate of Oman at the end of the first quarter of 2024 recorded an increase of 0.8 percent, reaching OR 10.442 billion, compared to the same period in 2023, which amounted to OR 10.362 bill…

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Bahrain All Share Index marks 2,002.64 points

Manama: Bahrain All Share Index has closed at 2,002.64 points, marking a decrease of 3.78 points below the previous closing.

This decrease was due to the drop in the financial sector and the real estate sector.

Bahrain Islamic Index has closed at 81…

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Oil Prices on Track for 4th Straight Week of Gains

Singapore, Crude prices are heading for a fourth week of strong gains, remaining near their highest levels since late April, fueled by hopes of strong US fuel demand during the summer and some concerns about supplies.

Brent crude futures dropped two …

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