The World Bank announced on Thursday, that it has approved a USD 250 million project to enhance renewable energy in Lebanon by restoring electricity grid services and supporting the continuation of reforms.
In a press release, the bank stated that “t…
The financial and economic cooperation committee of the Gulf Cooperation Council states held its 122nd meeting on Thursday in the Qatari capital, Doha, with Kuwait’s participation.
GCC states have proven that they are able to face challenges and achi…
The European Commission announced Thursday a further 30 million euros (USD 33 million) in urgent humanitarian aid to help those most in need in Lebanon.
This new emergency aid package will provide “urgent food assistance, shelter and health care” amo…
Kuwaiti Minister of Finance, Economic Affairs and Investment, and the Acting Minister of Oil, Eng. Nora Al-Fassam, participated on Thursday, in a meeting between the Financial and Economic Cooperation Committee of the GCC countries, the Committee of t…
Manama, Bahrain International Airport, managed and operated by Bahrain Airport Company (BAC), is set to welcome over 2,500 key international aviation stakeholders as it hosts the prestigious 29th edition of Routes World 2024.
Taking place in Bahrain…
Kuwait’s consumer price index (inflation), on an annual basis, grew on annual basis by 2.92 percent last August, according to the Kuwait Central Statistical Bureau (KCSB).
In a statement to KUNA on Wednesday, the bureau said the inflation rate rose …
Manama, Bahrain All Share Index has closed at 2,008.59 points, marking a decrease of 4.18 points below the previous closing.
This decrease was due to the drop in the communication service sector, financial sector and material sector.
Bahrain Islami…
Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al Ijara, has been oversubscribed by 391%.
Subscriptions worth BD 102 million were received for the BD 26 million issue, which …