Author: News Desk

Manama : Abdulla bin Adel Fakhro, Minister of Industry and Commerce, highlighted the strong historical trade and investment ties between Bahrain and the United Kingdom, driven by their shared commitment to enhancing economic cooperation. He spoke as a keynote speaker at a luncheon hosted by the Bahraini-British Business Forum. The luncheon was attended by Alistair Long, British Ambassador to Bahrain, and Khalid Rashid Al Zayani, the Forum Chairman. The minister highlighted Bahrain’s role as a business gateway in the region. He noted that Bahrain’s Economic Vision 2030 sets a clear path for a diversified, sustainable economy focused on innovation, investment,…

Manama Bahrain Bourse (BHB) announced the listing of Hope Ventures Holding BSC (c) (‘Hope Ventures’) on Bahrain Investment Market (‘BIM’), an equity market designed for fast-growing companies seeking growth capital. Hope Ventures, the investment arm of Hope Fund, has joined the BIM under the trading symbol ‘HOPE’. A bell ringing ceremony was held to mark the official listing of ‘Hope Ventures’ shares in the presence of Abdulla bin Adel Fakhro, Minister of Industry and Commerce and Minister in Charge of Bahrain Bourse; Aymen bin Tawfeeq AlMoayed, General Secretary of the Supreme Council for Youth and Sports and Chairman of Hope…

Manama : National accounts estimates issued by the Information & eGovernment Authority (iGA) showed that the real GDP of the Kingdom of Bahrain increased by 1.3% and by 2.4% at current prices during the second quarter of 2024 compared to the corresponding quarter of the previous year. According to the detailed report, the Authority indicated that the growth is due to the increase achieved by the non-oil sector by 2.8% at constant prices, as the GDP at constant prices reached BD 3722 million and BD 4377 million at current prices during the second quarter of 2024. The report showed that…

Manama : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today issued Edict (50) of 2024, appointing a director at the Ministry of Interior, based on a proposal by the Minister of Interior. The edict stipulates the following: Article (I) Major Zain Abdullah Isa Al Shomali, shall be appointed as Director at the Ministry of Interior. Article (II) The Minister of Interior shall assign the appointed Director to one of the vacant departments at the Ministry, in accordance with each department’s duties and responsibilities and the qualifications and experience required for the position.…

Manama His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, issued Edict (51) of 2024, appointing a director at the Ministry of Transportation and Telecommunications, based on a proposal of the Minister of Transportation and Telecommunications. The edict stipulates the following: Article (I) Mohammed Jassim Abdulrahim Al Hammadi, shall be appointed as Director of the Communication and Marketing Directorate at the Ministry of Transportation and Telecommunications. Article (II) The Minister of Transportation and Telecommunications shall implement the provisions of this edict, which comes into effect from the date of its issuance and will be…

Manama : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today issued Edict (52) of 2024, designating the administrative authority and the minister responsible for associations, clubs, and private institutions engaged in journalistic, media, or advertising activities, based on the proposal of the Minister of Information and with the approval of the Cabinet. The edict stipulates the following: Article (I) The edict designated the Ministry of Information and the Minister of Information, as the responsible administrative authority and minister for associations, clubs, and private institutions engaged in journalistic, media, or advertising activities; as…

Manila : South Korea signed an agreement Monday to provide US$2 billion in financial assistance to the Philippines to support major infrastructure projects during President Yoon Suk Yeol’s state visit to the nation, Yoon’s office said. The finance ministry signed the memorandum of understanding (MOU) in Manila to offer the assistance through the Economic Development Cooperation Fund (EDCF), the low-rate loan program to support infrastructure projects in developing countries. Under the agreement, the Seoul government will allocate $905 million worth of EDCF funds for the construction of the first section of the Laguna Lakeshore Road Network, which spans 37.5 kilometers…

Chennai : At least three people died of suspected heat stroke in India’s southern city of Chennai on Sunday at an Indian Air Force show that was attended by about 1.5 million people, police officers said. The air show to celebrate the air force’s 92nd anniversary was organised at the iconic Marina Beach – among the world’s longest beaches – on a day where the maximum temperature touched 35 degrees Celsius (95 F), according to the weather department. “Two people died while attending the air show mainly due to dehydration. They fainted due to heat and then died,” R. Alagu,…

Manama : The Coast Guard will carry out a training exercise near the Coast Guard base in Muharraq from Monday, October 7, to Thursday, October 10, between 8:00 a.m. to 3:00 p.m. The Coast Guard calls on citizens and residents to take precautions and not approach the mentioned area at the specified time for their safety.

Manama : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today chaired the weekly Cabinet Meeting at Gudaibiya Palace. The Cabinet commended the recent address of His Majesty King Hamad bin Isa Al Khalifa during an event honouring parents and top-performing students across educational levels, praising students’ distinguished achievements due to the Kingdom’s robust educational sector. The Cabinet emphasised the importance of HM the King’s address, which noted that upskilling Bahraini citizens remains a cornerstone of the Kingdom’s comprehensive development. The Cabinet also noted HM the King’s address on the role of education…