Author: News Desk

Manama : His Majesty King Hamad bin Isa Al Khalifa received today at Al Safriya Palace an Egyptian delegation comprising Ahmed Kouchouk, Minister of Finance, Dr. Rania Al Mashat, Minister of Planning, Economic Development, and International Cooperation, and Hassan El Khatib, Minister of Investment and Foreign Trade of the Arab Republic of Egypt.  The delegation visited the Kingdom of Bahrain to take part in the second meeting of the Bahrain-Egypt Joint Governmental Committee on Trade, Economic, Scientific, and Technological Cooperation, aimed at strengthening bilateral collaboration across key sectors. The delegation conveyed the greetings and best wishes of His Excellency Abdel…

Manama : His Majesty King Hamad bin Isa Al Khalifa received His Highness Shaikh Khalid bin Hamad Al Khalifa, First Deputy Chairman of the Supreme Council for Youth and Sports (SCYS), Chairman of the General Sports Authority (GSA), and President of the Bahrain Olympic Committee (BOC), at Safriya Palace. HH Shaikh Khalid bin Hamad, accompanied by the GSA’s Board of Directors, presented His Majesty the King with the authority’s annual report for 2023-2024, outlining the Kingdom of Bahrain’s recent sports achievements. His Majesty expressed appreciation for HH Shaikh Khalid bin Hamad’s efforts in advancing the sports sector, particularly initiatives supporting youth,…

WASHINGTON : President Donald Trump signed a memorandum on Friday that directs the Committee on Foreign Investment in the United States to restrict Chinese investments in strategic areas, a White House official said. The national security memorandum is aimed at promoting foreign investment while protecting U.S. national security interests from threats posed by foreign adversaries like China, the official said. The order says that China is “exploiting our capital and ingenuity to fund and modernize their military, intelligence, and security operations, posing direct threats to United States security,” the official said. Under the directive, the United States will establish new…

NEW YORK : Berkshire Hathaway (BRKa.N), opens new tab on Saturday reported record annual profits even while boosting its cash stake to $334.2 billion, as Warren Buffett used his annual shareholder letter to caution Washington to spend money “wisely” and take care of those who get “short straws in life.” The 94-year-old Buffett, arguably the world’s most famous investor, also acknowledged his advanced age in the letter, telling shareholders he now uses a cane and will spend less time fielding their questions at Berkshire’s annual meeting in May. He nonetheless assured shareholders they would be in good hands after he turns over…

Manama :On behalf of His Majesty King Hamad bin Isa Al Khalifa, His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today participated in a meeting held in the Kingdom of Saudi Arabia. The meeting was also attended by His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, the Crown Prince and Prime Minister of Saudi Arabia, His Highness Sheikh Mohammed bin Zayed Al Nahyan, the President of the United Arab Emirates, His Highness Sheikh Meshal Al-Ahmad Al-Jaber Al-Sabah, the Amir of the State of Kuwait, His Highness Sheikh Tamim bin Hamad…

Manama : Shaikh Ali bin Khalifa Al Khalifa, Secretary General of the Royal Humanitarian Foundation (RHF), received a donation from Vitol to support the provision of five insulin pumps for children with type 1 diabetes. The donation was presented by Mariam Ahmed, Maryam Ahmed, Director of Administrative and Financial Affairs at Vitol. Shaikh Ali bin Khalifa expressed his appreciation for Vitol’s support and its continued cooperation with RHF as part of its commitment to social partnership. Mariam Ahmed affirmed that the donation reflects Vitol’s dedication to improving the quality of life for children with diabetes. She highlighted the company’s commitment…

Manama : Her Highness Shaikha Hessa bint Khalifa Al Khalifa, Chairperson of INJAZ Bahrain, inaugurated the fourth edition of the INJAZ Bahrain Youth Festival at Marassi Galleria, attended by Rawan bint Najeeb Tawfiqi, Minister of Youth Affairs, and more than 10,000 visitors. The festival featured a marketplace showcasing local products and services developed by young Bahraini entrepreneurs from various schools and universities. Held on February 20-21, the festival began with the Company Programme qualifiers, where participating student companies were assessed. On the second day, Shaikha Hessa bint Khalifa Al Khalifa formally inaugurated the event alongside officials, including Minister of Youth…

Manama : His Excellency Anwar Ibrahim, Prime Minister of Malaysia, and an accompanying delegation visited the Bahrain Economic Development Board’s (Bahrain EDB) headquarters, in the presence of His Excellency Dr. Abdullatif bin Rashid Al Zayani, Minister of Foreign Affairs, Her Excellency Noor bint Ali AlKhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, His Excellency Dr. Waleed Khalifa Al Manea, Ambassador of the Kingdom of Bahrain to Malaysia andsenior representatives from Bahrain’s investment promotion agency. During the meeting with Bahrain EDB, which was arranged as part of an…

Manama : The Bahrain Council for the Development of International Commercial Dispute Resolution Mechanisms and the International Centre for Settlement of Investment Disputes (ICSID), part of the World Bank Group, signed a memorandum of understanding (MoU) to develop cooperation in international dispute resolution. The MoU was signed by Marika Paulson, Secretary General of the Bahrain Council for the Development of International Commercial Dispute Resolution Mechanisms, and Martina Polasek, Secretary General of ICSID and Vice President of the World Bank. The agreement aims to establish a framework for collaboration and knowledge exchange between both entities. The signing took place in Bahrain…

Manama : Under the patronage of His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs, the 13th mass wedding was held at the University of Bahrain in Sakhir.  Organised by the Khalifa bin Zayed Al Nahyan Foundation in collaboration with the Royal Humanitarian Foundation (RHF), the event celebrated 2,020 couples, making it the largest of its kind in Bahrain. HH Shaikh Nasser thanked His Majesty King Hamad bin Isa Al Khalifa, Honorary President of RHF, and His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the UAE, for…