Tag: business

GCC, Pakistan signs preliminary free trade agreement

Jasem Mohamed AlBudaiwi, Secretary-General of the Gulf Cooperation Council (GCC), said that the preliminary free trade agreement (FTA) between the GCC and Pakistan is a recognition of the importance of strengthening trade relations and economic cooper…

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US Stock Close Higher

Major US stock indexes closed higher on Monday as investors looked to economic data and Federal Reserve policymakers’ remarks later in the week for clarity on the path for interest rates.The S&P 500 gained 17.92 points, or 0.41%, to end at 4,337.98 poi…

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Finance Minister hails solid Bahrain-Egypt relations

Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, has affirmed that the long-standing solid Bahraini-Egyptian relations are based on solid foundations of bilateral cooperation and joint action in various fields, thanks to…

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Industry Minister meets President of Amcham Bahrain

Abdullah bin Adel Fakhro, Minister of Industry and Commerce, met with Qays Al Zubi, President of the American Chamber of Commerce (Amcham) in Bahrain, and a number of members of the Board of Directors.The meeting discussed topics of common interest.Th…

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Oil climbs on supply concerns

Oil prices rose for a third straight session on Monday, buoyed by forecasts of a widening supply deficit in the fourth quarter.Brent crude futures rose 71 cents, or 0.8%, to $94.64 a barrel by 0622 GMT while U.S. West Texas Intermediate crude futures …

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