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Category: Trading

CBB Treasury Bills oversubscribed by 101%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 101%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.

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Oil prices rise

Washington – Ma’an – Oil prices rose in trading on Monday, amid fears that the conflict in the Middle East could expand to Lebanon.

By 09:25 Moscow time, US West Texas Intermediate (WTI) crude futures rose 0.61% to $77.63 per barrel, while Brent crud…

Yemen: $20 million in losses at Hodeidah port

Sanaa – Ma’an – The material damage caused by the Israeli attack on the port of Hodeidah in western Yemen amounted to about $20 million, excluding oil losses, according to an official at the strategic seaport.

Israel launched an attack on the Houthi-…

Dollar jumps against shekel, trades at 3.71

Bethlehem Ma’an – Following the recent events in the north, and against the backdrop of growing fears of a security escalation in anticipation of an Israeli response in Lebanon, the dollar and the euro are recording a jump against the shekel.

The dol…

Oman Oil Price Drops 1.14 US Dollars

Oman oil price (September delivery 2024) reached 80.56 US Dollars, comprising a drop by 1.14 US Dollars compared to the price of last Friday which stood at 81.70 US Dollars.

The average price of Oman oil (July delivery 2024) has stabilized at 83.89 U…