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Day: September 16, 2024

HM King issues Decree (78) of 2024

Manama, His Majesty King Hamad bin Isa Al Khalifa issued Decree (78) of 2024, appointing a director general for wildlife protection at the Supreme Council for Environment’s Executive Body, based on a proposal by Deputy Prime Minister, and following t…

HH Shaikh Isa bin Ali receives Libyan Youth Minister

Manama, His Highness Shaikh Isa bin Ali Al Khalifa, Undersecretary of the Cabinet Affairs Ministry and Honorary President of the Good Word Society, received Fathallah Abdel Latif Al Zani, Minister of Youth of Libya, during his visit to Bahrain to par…

Gold Hits All-Time High on Deeper Fed Rate Cut Expectations

Gold prices surged to record highs today, driven by a softer dollar and expectations of a larger interest rate cut by the US Federal Reserve this week.

Spot gold was up 0.4% to $2,585.54 per ounce, after hitting an all-time high of $2,588.81 earlier …

Kuwait mourns former PM

The State of Kuwait on Tuesday mourned the passing away of His Highness the former Prime Minister Sheikh Jaber Mubarak Al-Hamad Al-Sabah, at the age of 82.

Born in 1942. Sheikh Jaber Al-Mubarak occupied several posts since 1968, namely the Amiri Diw…

Oil Prices Inch Up on Fed Rate Cut Outlook

Oil prices edged up in early trade today amid expectations of a US interest rate cut this week, though gains were capped by US supply resumptions following Hurricane Francine and weaker China data.

Brent crude futures for November were up 15 cents, o…