Al-Jaghbeer: The Industrial Sector Leads Economic Growth
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The value of a Bitcoin company linked to President Donald Trump's sons doubled in its IPO, with their stake exceeding $1.5 billion as the family expands its cryptocurrency ventures.
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The dollar declined today amid bond market tensions and weak US labor market data, boosting expectations of a US interest rate cut this month. The dollar index stabilized at 98.178, while the euro, British pound, and yen held their gains.
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In 2025, global financial markets saw a unique phenomenon where stocks, cryptocurrencies, gold, and silver all rose together, driven by a global liquidity wave and weak bond yields.
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Gold prices stabilized near an all-time high at $3561.97 per ounce, supported by expectations of a US interest rate cut and upcoming US jobs data this week.
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Gold dipped slightly after reaching an all-time high amid expectations of US interest rate cuts, as investors await key US jobs data this week.
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Global bond markets are volatile with US and European bond yields reaching record highs amid concerns over central bank policies, the US deficit, and tariff impacts.
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Istanbul's civil court annulled the results of the CHP's October 2023 regional congress and appointed a guardian to manage the Istanbul branch, sparking widespread debate about the future of democracy in Turkey and the balance of power between government and opposition.
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Gold remains near its all-time highs supported by expectations of a US interest rate cut, while silver steadies at $41.19 per ounce amid anticipation of US jobs data.
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Oil prices fell on Thursday following a more than 2% drop in the previous session, as investors await the OPEC+ meeting to discuss a potential production increase.
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Local Bahraini newspapers today highlighted key local and international news including His Majesty the King's speech for the new academic year, signing of cooperation agreements between Bahrain and Egypt during the Crown Prince's visit, and important regional and humanitarian developments.
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