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Category: General

Kuwait oil price up 84 cents to USD 74.54 pb

The price of Kuwaiti oil went up by 84 cents to USD 74.54 per barrel on Tuesday as opposed to USD 73.70 pb on Monday, said the Kuwait Petroleum Corporation (KPC) on Wednesday.

The price of the Brent crude and West Texas Intermediate went up respecti…

Amiri Diwan thanks mourners on demise of Sheikh Jaber Mubarak

The Amiri Diwan on Wednesday issued the following statement, “On behalf of His Highness the Amir Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah and the gracious Al-Sabah family, the Diwan extends deep gratitude to the citizens and residents of the country …

CBB cuts overnight interest rate by 50 basis points

Manama, The Central Bank of Bahrain (CBB) announced its decision to cut the overnight deposit rate by 50 basis points from 6.00% to 5.50%, effective 19 th September 2024.

This decision comes as part of the measures taken by CBB in maintaining moneta…