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Saudi Stock Index Records Gains Amid Active Trading

Riyadh: The main Saudi stock index experienced an upward trend as it closed with a gain of 59.63 points, reaching a final value of 10,946.26 points. The total trading value was recorded at SAR 6.2 billion.

According to Qatar News Agency, a total of …

Oil Prices Edge Down Amid Calls to Secure Strait of Hormuz

Riyadh: Oil prices declined in early Asian trading on Monday following US President Donald Trump’s call for other nations to assist in protecting the Strait of Hormuz. Brent crude futures fell 24 cents, or 0.23 percent, to $102.90 a barrel, after clos…

Kuwait Bourse Ends Trading with Decline in All Share Index

Kuwait: Kuwait Bourse closed trading on Monday as the All Share Index lost 32.98 points to reach 8,571.14 points, a decrease of 0.38 percent.

According to Qatar News Agency, the trading session saw a total of 137.6 million shares exchanged, valued a…

Aluminium Bahrain Initiates 19% Production Capacity Reduction

Manama: Aluminium Bahrain (Alba) has announced a strategic move to shut down three of its aluminium smelting lines, which constitute 19% of its total production capacity, set at 1,623,000 metric tonnes per annum. This decision was revealed on Sunday a…