August 5, 2024

CBK Announces New Bonds, Tawarruq Worth KD 160 Million

The Central Bank of Kuwait (CBK) announced on Monday the allocation of issuance of bonds and tawarruq amounting to KD 160 million (about USD 528 million).

The CBK said in a statement carried by Kuwait news agency (KUNA), that the issuance period is t…

Earthquake of 4.6 Magnitude Hits Eastern Ecuador

An earthquake measuring 4.6 on the Richter scale struck Morona Santiago province in southeastern Ecuador Monday.

The US Geological Survey said that the epicenter of the quake was 60 km east of Macas, the provincial capital, at a depth of 26.1 km.

Th…

Earthquake of 5.4 Magnitude Strikes South Sandwich Islands

An earthquake measuring 5.4 magnitude on the Richter scale struck Monday the South Sandwich Islands, a British overseas territory in the South Atlantic Ocean.

The US Geological Survey (USGS) said that the earthquake occurred at a depth of 111.1 km.

Oman Oil Prices Down by 5.87 Percent

The official price of Omani oil, for delivery in October, reached on Monday USD 74.55 per barrel, a decrease of USD 4.65 (5.78 percent) compared with Friday’s price, which was USD 79.20 per barrel.

It is noteworthy that the monthly average price of O…