Category Archives: Market

Batelco announces 2019 Q3 financial results

Manama: Batelco today announced its financial results for the first nine months of 2019 (the period) and for the third quarter of 2019, the three-month period ended 30 September 2019 (Q3).

Batelco announced net profit attributable to equity holders of …

Saudi Stock Exchange Index Advances, to Closes Higher, at 7653.21 points

Riyadh, The main Saudi Stock Exchange Index closed the trading up 62.88 points to close, at 7653.21 points, with transactions worth more than SR 2.2 billion.

The number of shares traded were more than 92 million shares, with more than …

Subscription in Government Development Bond’s 19th issue through BHB commences

Manama, Bahrain Bourse (BHB) announced that as of Sunday, November 3, and according to the invitation announced by the Central Bank of Bahrain (CBB), Bahraini and Non-Bahraini investors can directly subscribe through the primary market of BHB in the Government …

Investcorp outlines growth opportunities for industrial Internet of things

Manama, Investcorp, a leading global provider and manager of alternative investment products outlined key economic benefits and growth opportunities that are anticipated to drive the global Industrial Internet of Things (IIoT) into a multi-trillion dollar market in a newly released …

Samsung Electronics says third quarter profit fell 56%

Seoul, Samsung Electronics said Thursday its operating profit for the last quarter fell by nearly 56%, with its robust sales of smartphones, displays and TVs offset by a continuously weak market for computer chips.

The South Korean technology giant reported …

Fed is expected to cut rates but may offer little guidance

Fed is expected to cut rates but may offer little guidance

Washington, The Federal Reserve is set to cut its benchmark interest rate Wednesday for a third time this year to help sustain the U.S. economic expansion in the face …

CBB publishes Statistical Bulletin for September

Manama, The Central Bank of Bahrain (CBB) has published its monthly statistical bulletin for September 2019 which indicated an increase in Money supply (M3) reaching BD 13,461.2 million as at the end of September 2019, compared to BD 12,414.5 million …