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CBB Sukuk Al-Salam Securities oversubscribed by 319%

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 319%.Subscriptions worth BD 137.151 million were received for the BD 43 million issue, which carries a maturity of 91…

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Bahrain All Share Index marks 1,963.84 points

Bahrain All Share Index has closed at 1,963.84 points marking a decrease of 9.02 points below the previous closing.This decrease was due to the drop in the Communication Services Sector, Financial Sector and Industrial Sector.Bahrain Islamic Index has …

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KIB makes KD 6 mln in profit, 88% growth

Kuwait International Bank (KIB) made almost KD 6 million of net profit, as well as an 88-percent growth, attributable to shareholders, said the lender’s chair With earnings per share (EPS) standing at 2.87 fils, KIB Chairman Sheikh Mohammad Jarrah Al-S…

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Oman Air Achieves 42% Growth in Cargo Volumes

Oman Air Cargo has released its results for the first half of 2023, recording a remarkable 42% increase in cargo volumes compared to the same period in 2022. This is primarily driven by capacity expansion.Between January and June, total

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