Category: Business

Jasem Mohamed AlBudaiwi, Secretary-General of the Gulf Cooperation Council (GCC), said that the preliminary free trade agreement (FTA) between the GCC and Pakistan is a recognition of the importance of strengthening trade relations and economic cooper…

The Saudi Stock Exchange main index ended trading lower today, gaining 40.30 points to close at 10918.24 points.The total value of trading reported was SAR6 billion, while the total number of shares traded was 203 million.The Saudi Parallel Market Inde…

The Ministry of National Economy expected the manufacturing sector to grow by 2.5% in gross domestic product, rising from 11.2% to 13.7% during the next six years, as a result of the National Policy for Industry interventions approved by the Council of…

This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 149%.The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of Bahrain.The issue date of the bills…

Bahrain All Share Index has closed at 1,935.05 points marking an increase of 3.22 points above the previous closing .This increase was due to the rise in the and Financials Sector.Bahrain Islamic Index has closed at 725.77 points marking an increase o…

The Bahrain Institute of Banking and Finance (BIBF) and the Islamic Development Bank Institute (IsDBI) have embarked on a collaborative initiative to provide specialised training programmes aimed at strengthening the global Islamic finance community.T…