Monday, November 2, 2026

Business

Turkey and Iraq discuss cooperation in energy and development

Turkish Minister of Energy and Natural Resources / Alparslan Bayraktar / discussed with Mohammed Al-Najjar, Advisor to the Iraqi Prime Minister for Investment Affairs, the two countries’ cooperation in the fields of energy and development.

Bayraktar…

Aramco to Become Majority Shareholder in Petro Rabigh

Dhahran, Aramco issued a press release today informing that it had signed a definitive agreement to acquire from Sumitomo Chemical an additional stake of approximately 22.5%, worth $702 million, in Rabigh Refining and Petrochemical Co. (Petro Rabigh),…

Saudi Electricity Company Net Profit Rises 16.6% in H1 2024

Riyadh, The Saudi Electricity Company (SEC) continued its strong financial performance in the first half and second quarter of 2024, according to an SEC press release issued today. Revenues climbed 15.5% year-over-year to SAR38.2 billion for H1 2024, …

Bahrain All Share Index closes higher

Manama, Bahrain All Share Index has closed at 1,931.30 points, marking an increase of 1.65 points above the previous closing.

This increase was due to the rise in the consumer discretionary sector and the financial sector.

Bahrain Islamic Index has …

Oil prices edge higher

Singapore, Oil prices recovered in Asian trading on Wednesday, but gains were capped by weak demand.

Brent crude futures rose 17 cents, or 0.16%, to $76.60 a barrel by 0615 GMT. U.S. West Texas Intermediate crude rose 17 cents, or 0.23%, to $73.37.

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Bahrain All Share Index closes higher

Manama, Bahrain All Share Index has closed at 1,931.30 points, marking an increase of 1.65 points above the previous closing.

This increase was due to the rise in the consumer discretionary sector and the financial sector.

Bahrain Islamic Index has …

Recent posts

Sultan Haitham Embarks on State Visit to China

Muscat:His Majesty Sultan Haitham bin Tarik departed this morning for the People’s Republic of China on a two-day state visit. The visit comes in response to an invitation from President Xi Jinping of China.

According to Oman News Agency, His Majest…

Oman Engages in 27th ICDO General Assembly Session in Geneva

Geneva:The Sultanate of Oman has taken part in the 27th session of the General Assembly of the International Civil Defence Organisation (ICDO), which commenced today at the Geneva International Conference Centre.

According to Oman News Agency, the O…