Market

Oil Holds Steady amid Increased Supply, Weak Global Demand

Oil prices remained stable in early trade on Tuesday, with a potential of increased supply entering the market amid weak global demand growth.

Brent crude futures for December delivery rose 13 cents, or 0.18%, to $71.83 a barrel. US West Texas Interm…

CBB Sukuk Al Ijara oversubscribed

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 …

China’s External Financial Assets Exceed $9.79 Trillion

China’s external financial assets topped $9.79 trillion at the end of June, official data showed.

The external financial liabilities stood at over $6.8 trillion at the end of June, resulting in nearly $2.99 trillion of net external assets, according …