Category: Finance

Basra crude, heavy and medium, suffered weekly losses, coinciding with global oil recording weekly losses after 4 weeks of gains.

Basra Heavy crude closed in its last session yesterday, Friday, with a decline of 20 cents, reaching $81.08, and recorde…

Amman, Exports from Jordan’s pharmaceutical industries and medical supplies sector increased by 3.8% during the January-June period of this year, compared to the same period last year.

Dr. Fadi Atrash, the sector’s representative at the Jordan Chambe…

The Ministry of Oil announced Iraq’s commitment to the OPEC agreement and to the voluntary cuts.

The ministry stated in a statement, ‘With reference to the estimates of secondary sources regarding an increase in Iraq’s production beyond the quota sti…

Oil prices rose today, Friday, amid signs of easing inflationary pressures in the United States of America, the world’s largest oil consumer, but are still heading for a weekly decline.

Brent crude futures rose 33 cents, or 0.4 percent, to $85.73 a b…

Oil prices fell during the end of trading, on Thursday, despite the weakness of the dollar after the disclosure of key US inflation data.

The dollar suffered sharp losses this week, with the focus largely shifting towards the upcoming inflation data …

Bahrain All Share Index closed at 1,994.56 points, marking a decrease of 5.25 points below the previous closing.

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

Bahrain Islamic Index closed at 803.33 p…