Bahrain · Business
BNA BUSINESS
- Japanese stocks head for strongest weekly gains in five monthsTokyo, Nov. 13 (BNA): Japan's Nikkei 225 index rose 1.25% to 61,576.91 points, heading for a weekly gain of 7.3%, its strongest performance in five months. The broader Topix index gained 0.63% to 3,962.08 points, putting it on track for a weekly increase of nearly 7%, its largest since August 2024.
- China discovers ultra deep oil and gas well in Bohai SeaBeijing, Nov. 13 (BNA): China National Offshore Oil Corporation (CNOOC) announced the discovery of a high yielding oil and gas well in volcanic rock formations at a depth of 5,770 metres in the Bohai Sea. According to Xinhua News Agency, tests showed that the well, located in the central Bohai Sea,
- Oil prices head for second weekly lossSingapore, Nov. 13 (BNA): Oil prices were mixed on Friday but remained on track for a second consecutive weekly loss. Brent crude futures edged down one cent to $95.41 per barrel, while US West Texas Intermediate (WTI) crude fell 20 cents, or 0.25%, to $88.52 per barrel. M.A., A.A
- Dollar holds near 19-month highShanghai, Nov. 13 (BNA): The US dollar held near a 19-month high following strong weekly gains, while the euro fell 0.1% to $1.1049 and the yen remained largely unchanged at 159.875 per dollar. The dollar index edged down 0.05% to 103.17, remaining near its highest level since April 2025. M.A., A.A
- Gold edges higher in Asian tradingSingapore, Nov. 13 (BNA): Spot gold rose 0.2% to $3,883.05 per ounce in Asian trading today, recovering from a one year low after falling 3% in the previous session, but remained on track for a weekly loss. US gold futures for December delivery held steady at $3,887, while silver gained 0.1% to $50.
- CBB passes annual surveillance audit of Information Security Management System under ISO/IEC 27001:2022Manama, Nov. 12 (BNA): The Central Bank of Bahrain (CBB) has successfully completed the annual surveillance audit of its Information Security Management System (ISMS) in accordance with the updated ISO/IEC 27001:2022 international standard. On this occasion, Mohamed Abdulkarim, Executive Director of
- Bahrain All Share Index, Islamic Index close higherManama, Nov. 12 (BNA): Bahrain All Share Index has closed at 1,828.09 points, marking an increase of 3.62 points compared to its previous closing. This increase was due to the rise in the communications services sector, the financial sector, the industrials sector, and the materials sector. Bahrain
- Gold falls to over one-week low on firm dollarLondon, Nov. 12 (BNA): Gold prices fell on Thursday, touching a more than one-week low, after stronger-than-expected US inflation data and hawkish remarks from Federal Reserve officials boosted the dollar and cemented expectations of an interest-rate hike next month. Spot gold fell 0.2% to $3,977.9
- Civil Defense: Debris falls in Makkah region after interception of two ballistic missiles launched by terrorist Houthi MilitiaRiyadh, Nov. 12 (BNA): The General Directorate of Civil Defense stated that Civil Defense teams responded on Wednesday, November 11, to falling debris from two ballistic missiles launched toward Makkah Region by the terrorist Houthi militia. The missiles were intercepted and destroyed, with some deb
- Oil falls over $1Tokyo, Nov. 12 (BNA): Oil prices fell more than $1 per barrel on Thursday. Brent futures were down $1.47, or 1.58%, to $91.29 a barrel by 0426 GMT. US West Texas Intermediate crude futures slipped $1.24, or 1.43%, to $85.29. M.I, AAL
- Bahrain All Share Index, Islamic Index close higherManama, Nov. 11 (BNA): Bahrain All Share Index has closed at 1,824.47 points, marking an increase of 0.13 points compared to its previous closing. This increase was due to the rise in the communications services sector and the materials sector. Bahrain Islamic Index has closed at 849.56 points, mark
- Spot gold rises 0.6%Singapore, Nov. 11 (BNA): Gold prices ticked up on Wednesday after a nearly 3% slide in the previous session, but gains were limited as stronger-than-expected US inflation data cemented expectations of a Federal Reserve interest rate hike next month, weighing on bullion. Spot gold rose 0.6% to $4,0
- Brent futures climb 1.1%Singapore, Nov. 11 (BNA): Oil prices rose on Wednesday. Brent futures climbed $1.04, or 1.1%, to $92.53 a barrel at 0420 GMT. US West Texas Intermediate crude rose 67 cents, or 0.8%, to $86.71. M.I, م.ا.ف
- Bahrain All Share Index, Islamic Index close higherManama, Nov. 10 (BNA): Bahrain All Share Index has closed at 1,824.34 points, marking an increase of 2.78 points compared to its previous closing. This increase was due to the rise in the financials sector and the information technology sector. Bahrain Islamic Index has closed at 849.30 points, mark
- Bahrain Bourse introduces closing auction, trading at last sessions to enhance market efficiencyManama, Nov. 10 (BNA): Bahrain Bourse announced it will introduce a Closing Auction Session and Trading at Last Session for securities listed on the Regular Market, effective December 1. The enhancement forms part of Bahrain Bourse’s ongoing efforts to strengthen market infrastructure, enhance price
- Gold prices easeBeijing, Nov. 10 (BNA): Gold prices eased on Tuesday. Spot gold was down 0.4% at $4,124.42 per ounce, as of 0618 GMT. US gold futures for December delivery rose 0.5% to $4,133.00, Reuters reported. Among other metals, spot silver slid 0.3% to $53.22 per ounce, platinum steadied at $1,577.57 and pall
- Brent crude futures declined 0.75%New Delhi, Nov. 10 (BNA): Oil prices fell on Tuesday. Brent crude futures declined 70 cents, or 0.75%, to $91.88 a barrel by 0246 GMT, Reuters reported. US West Texas Intermediate (WTI) futures fell 78 cents, or 0.90%, to $86.07 a barrel. Both benchmarks had fallen 1% earlier in the session. M.I, s.
- Gold prices rise 1%London, Nov. 9 (BNA): Gold prices rose 1% in trading on Monday, with spot gold reaching $4,107.01 per ounce by 18:30 GMT, while US gold futures for December delivery settled 1% higher at $4,114.50, Reuters reported. Among other precious metals, spot silver gained 1.8% to $52.78 per ounce, platinum r
- Asian markets rise as AI stocks recoverTokyo, Nov. 9 (BNA): Asian shares advanced Monday after artificial intelligence stocks recovered some ground lost in last week’s sell-offs, according to the Associated Press (AP). Monday trading started out strong in Tokyo, where the Nikkei 225 index closed 2.3% higher at 58,775.50. In South Korea,
- CBB Sukuk Al Salam Securities fully subscribedManama, Nov. 9 (BNA): The Central Bank of Bahrain (CBB) announced that the monthly issue of the Sukuk Al Salam Islamic securities has been fully subscribed by 100%. Subscriptions worth BD 50 million were received for the BD 50 million issue, which carries a maturity of 91 days. The expected return o
- Beyon Cyber’s Orryx AI becomes first GCC-developed AI SOC platform to achieve SOC 2 attestationManama, Nov. 9 (BNA): Beyon Cyber, part of Beyon Group, has achieved SOC 2 attestation for its proprietary Orryx AI platform, becoming the first GCC-developed agentic AI security operations platform to achieve this internationally recognized attestation. Established by the American Institute of Cert
- Gold rises over 1%Tokyo, Nov. 9 (BNA): Gold rose more than 1% on Monday. Spot gold climbed 1.4% to $4,123.46 per ounce by 0428 GMT, while US gold futures for December delivery also rose 1.4% to $4,132.70. Bullion gained about 5% last week, Reuters reported. Among other metals, spot silver climbed 2.5% to $53.15 per o
- Oil prices steadiesPerth, Nov. 9 (BNA): Oil prices were steady on Monday. Brent inched up 3 cents to $98.35 a barrel by 0427 GMT, Reuters reported. US West Texas Intermediate rose 0.5% to $91.30 a barrel. M.I
- Bahrain All Share Index, Islamic Index close higherManama, Nov. 8 (BNA): Bahrain All Share Index closed at 1,821.32 points, up 5.57 points from its previous closing. This increase was due to the rise in the financial, materials, and real estate sectors. Bahrain Islamic Index closed at 836.38 points, marking an increase of 5.59 points compared to its
- Export Bahrain participates in China International Import Expo 2026Shanghai, Nov. 7 (BNA): Export Bahrain is participating in the ninth China International Import Expo (CIIE 2026) in Shanghai with a national pavilion under the theme "The Pearl of the Gulf: A Rich Heritage, Global Horizons". The pavilion is organised in strategic partnership with the Ministry of Ind
- OpenAI raises $11 billion at $1.25 trillion valuationSan Francisco, Nov. 7 (BNA): OpenAI, the developer of ChatGPT, has raised $11 billion in the first tranche of a new funding round valuing the company at approximately $1.25 trillion, below its initial target of $1.5 trillion. Bloomberg reported the funding on Friday, while Reuters said SoftBank and
- IMF chief warns AI growth slowdown could affect central bank decisionsWashington, Nov. 7 (BNA): Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said central banks must consider any slowdown in economic growth driven by artificial intelligence (AI) when making decisions on inflation. Speaking at an event at IMF headquarters in Washingt
- Spain to withhold 12% of olive oil production to prevent price declineMadrid, Nov. 7 (BNA): The Spanish government has decided to require olive oil mills to withhold 12% of their production from the market during the 2026 – 2027 season, equivalent to approximately 188,000 tonnes, to prevent oversupply and a decline in prices. Spanish media reported that olive oil prod
- US stocks close mixedNew York, Nov. 7 (BNA): US stocks closed mixed in the latest trading session, with the S&P 500 rising 0.32% to 7,376.92 points. The Nasdaq Composite gained 1.09% to 24,579.43 points, while the Dow Jones Industrial Average fell 0.46% to 51,286.21 points. M.A., A.A
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