Category: Finance

Oil prices rise amid expectations of a US interest rate cut

Oil prices rose in Asian trading on Monday on concerns that an escalation in the Middle East could disrupt regional oil supplies, while imminent US interest rate cuts boosted global economic prospects and fuel demand.

Brent crude futures rose 37 cent…

Bahrain All Share Index marks 1,929.72 points

Manama, Bahrain All Share Index has closed at 1,929.72 points, marking a decrease of 8.73 points below the previous closing.

This decrease was due to the drop in the communication services sector and the financial sector.

Bahrain Islamic Index clos…