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Posts in Category: Business

Industry Minister meets with US Ambassador

Abdullah bin Adel Fakhro, Minister of Industry and Commerce, met Steven Bondy, US Ambassador to Bahrain.The minister affirmed the efforts to strengthen Bahraini-US relations at various levels.The meeting discussed cooperation

CBB Sukuk Al-Ijara oversubscribed by 457%

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 457%.Subscriptions worth BD 118.783 million were received

Oil falls 1% on strong US dollar

Oil prices slipped by around 1% in early Asian trade on Tuesday, after falling to a three-week low in the previous session, on a stronger U.S. dollar, rising U.S. bond

Minerals-Rich Asir Boosts National Industries

The Asir region, spread over 81,000 km², is rich in metallic minerals, such as gold and copper, and non-metallic minerals, such as lightweight aggregates and granite. The region contains over

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