Riyadh– Minister of Industry and Mineral Resources Bandar bin Ibrahim Al-Khorayef stressed that the ministry seeks to attract investments worth USD32 billion in the mining and mineral sector through nine new projects aiming to support the export of mi…
HONG KONG — Asian shares rose on Thursday, Reuters reported.MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.52%, although trading was thin with Japanese and Korean markets closed for public holidays.Early moves in Asia followed a U.S…
Baghdad – The Kingdom of Saudi Arabia, Russia and other major oil producers in “OPEC +” agreed, today, Thursday, to another marginal increase in production in light of risks to demand, amid continuing restrictions to combat the spread of the Corona vir…
The head of Egypt’s Suez Canal Authority says the canal received record high revenues of more than $620 million dollars during April. Analysts say that’s partly due to Persian Gulf countries sending more oil and gas to Europe, as the Russia-Ukraine con…
Manama– Bahrain General Index closed today at 2,056.15, gaining 18.03 points. The Bahrain Islamic Index closed at 746.78, gaining 10.72 points as well.The volume of traded shares amounted to 3,123,248, with a total value of 8,50961 Bahraini dinars, th…
Riyadh– Saudi Arabian Mining Company (MA’ADEN) has released its financial results for the first quarter of 2022 today, reporting a record net profit of SAR 2.9 billion, up by 246 % from the first quarter of 2021, and sales of SAR 8.9 billion, up by 64…