BUSINESS NEWS
Basra oil prices fall despite the rise in global oil
Baghdad, The prices of Basra heavy and medium crude oil decreased today, Tuesday, despite the rise in oil prices in global markets.
The prices of Basra Heavy crude fell by $1.97 to reach $83.72, and the prices of Basra Medium crude
Oil prices rise due to continuing tensions in the Middle East
Baghdad, Oil prices rose today, Tuesday, after falling in the previous session, as investors continued to evaluate the risks resulting from geopolitical concerns in the Middle East.
Brent crude futures, the global standard, were trading up 27 cents t…
Bahrain EDB hosts delegation from Monaco spearheading bilateral investment opportunities
Manama, Bahrain Economic Development Board (Bahrain EDB) is set to host a high-level delegation from the Principality of Monaco, led by Frédéric Genta, the Secretary of Attractiveness, Development and Digital at the Government of Monaco on a two-day v…
Alba achieves First Fire of M701JAC Gas Turbine
Manama, Aluminium Bahrain B.S.C. (Alba) announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).
This achievement marks a ke…
ADQ, Oman Investment Authority launch $180 million technology-focused fund to bolster digital economy
Abu Dhabi, ADQ, an Abu Dhabi-based investment and holding company, today announced the launch of a US$180 million technology-focused fund, Jasoor Fund (the Fund), with Oman Investment Authority (OIA) represented by ITHCA Group. This commitment is part…
Tamkeen supports employment of Bahrainis at PwC’s Regional Service Centre in Manama
Manama, The Labour Fund, Tamkeen, has announced its support for the establishment of PwC Middle East’s Regional Service Delivery Centre in Bahrain, which will provide advisory and operational services across sectors. This initiative aligns with the go…
Next week… Iraq will host the 50th session of the Arab Labor Conference in Baghdad
Baghdad, Iraq will host next Saturday, the 50th session of the Arab Labor Organization conference in the capital, Baghdad, in the presence of the Director-General of the International Labor Organization, the Secretary-General of the League of Arab Sta…