Gov't Borrows Half Billion Dollar despite Dramatic Increase in Oil Prices
The government is intending to borrow again from the domestic market by issuing development bonds worth 200 million dinars (half a billion dollars), despite the dramatic rise in oil prices.
Bahrain Bourse Lists Government Treasury Bills worth 70 Million BD
Bahrain Bourse announced that 70 million dinars government treasury bills ($186.5 million) will be listed for three months.
Bahrain Opening Its Doors to Crypto this Month
Bahrain, once the Middle East’s hub for financial industries, is attempting to regain its footing by allowing companies using cryptocurrency to work in the country on a trial basis, as it considers how to regulate them, reported Bloomberg.
Royal Decree Modifying Bourse Statute
King Hamad bin Isa Al Khalifa issued Decree 62/2018 sanctioning modification of the Statutory Articles and Memorandum of Association of Bahrain Bourse (BSC - closed) Company.
Bahrain: Profits of Listed Banks Amounted to $873 Million
The seven local retail banks listed on the Bahrain Stock Exchange (BSE) posted a net profit of $873 million in the first nine months of 2018.
Bahrain Amends Crude Oil Pricing Formula to Include DME Oman Benchmark
Dubai Mercantile Exchange, DME, has welcomed the latest Middle East oil producer to switch its crude oil pricing formula to include the DME Oman benchmark.
100 BD worth of Due Government Bonds Written off
Bahrain Bourse announced writing off the 10th issuance of government bonds by the Central Bank of Bahrain on behalf of the Government from its lists starting Sunday, August 5, 2018.
Bahrain Stock Exchange Index Continues to Decline by 0.36 Percent
The general index of the Bahrain bourse closed Wednesday (August 1, 2018) with a limited decline, falling to 1353.45 points against 1358.35 points, losing 0.36 percent, i.e. 4.90 points, shrinking index gains since the beginning of the year to 1.63 percent.
Saudi “Al-Hayat” Newspaper: Traded Securities in “Bahrain Bourse” Dropped 92%
The traded securities in “Bahrain Bourse” dropped on Monday to 761 thousand shares versus 9.99 million shares, with 92% decline.