Author: News Desk

Manama : Noor bint Ali Al Khulaif, Minister of Sustainable Development and CEO of the Economic Development Board (EDB), met with Shamina Singh, President and Founder of the Mastercard Centre for Inclusive Growth and Executive Vice President of Sustainability at Mastercard, during her visit to Bahrain. Singh was invited by the ministry be a judge at the Mastercard Challenge on Financial Inclusion’s closing ceremony, held under the theme “Solving for the Future”, and as a speaker at FinTech Forward 2024. The minister commended the leading role of Singh and the Mastercard Centre for Inclusive Growth in advancing global financial inclusion.…

Manama : The Kingdom of Bahrain is ready to host the 29th edition of Routes World 2024, scheduled for October 6-8. This prestigious event will convene a diverse array of decision-makers and influencers from the aviation industry at the Exhibition World Bahrain. The selection of the Kingdom of Bahrain to host the Routes World Exhibition and Conference underscores its reputation as a premier logistics hub capable of hosting leading international events and as a strategic tourist destination on both regional and global stages, which is a testament to the visionary leadership of His Majesty King Hamad bin Isa Al Khalifa,…

Manama : Fintech Forward 2024 (FF24), which was held at Exhibition World Bahrain (EWB), successfully wrapped up another installment of the event for the second year running, securing 1,700 attendees over two days, a third of which flew in from across the Gulf region and beyond. The two-day event, programmed by Economist Impact, hosted by Bahrain Economic Development Board (EDB) and supported by the Central Bank of Bahrain (CBB), the Kingdom’s Labour Fund (Tamkeen) and Bahrain Fintech Bay (BFB); pushed the boundaries of traditional thinking offering fresh perspectives on pertinent topics, exploring how macroeconomic and technology-driven trends have been reshaping…

Manama : General Shaikh Rashid bin Abdullah Al Khalifa, Minister of Interior, met today with citizens representing different sectors of the community. The minister expressed his appreciation for their participation in this gathering, which represents the ministry’s efforts to promote cooperation, maintain social cohesion, and uphold Bahrain’s national values and principles. The meeting comes as part of the broader initiative to strengthen the spirit of unity and preserve social stability. The minister emphasised the achievements of Bahrain with the leadership of His Majesty King Hamad bin Isa Al Khalifa and efforts of the government, led by His Royal Highness Prince…

Manama : Noor bint Ali Al Khulaif, Minister of Sustainable Development and Chief Executive of the Economic Development Board, emphasised the importance of shedding light on Bahrain’s strategy to develop the financial services sector, with a focus on strengthening the fintech ecosystem. In her remarks to the media on the sidelines of the second edition of the Fintech Forward 2024 (FF24) forum, the Minister noted that the event’s strong turnout reflects growing interest from both local and international companies. She noted that this turnout demonstrates the Kingdom’s leading role in the financial industry, supported by the vision and directives of…

Manama : The Labour Fund (Tamkeen) has announced new updates to the National Employment Program aimed at incentivizing the employment of national talent and providing additional solutions catered to employer’s needs. These updates include support for the Ministry of Labour’s Jobs+ programme, where employers can receive subsidies for recruited candidates. Additionally, new wage support tracks have been introduced, allowing enterprises to choose between the three available options. The current track of the National Employment Programme supports private sector employees’ wages to encourage enterprises to hire Bahrainis, where the support period spans for three years with 70% wage subsidy in the…

Manama : Exhibition World Bahrain (EWB), an award-winning venue, is set to host a series of prestigious exhibitions and conferences, further establishing Bahrain as a leading hub for global business tourism, entertainment, and high-profile Meetings, Incentives, Conferences, and Exhibitions (MICE) events from October 2024 through early 2025. EWB aims to enhance its reputation as a premier international destination for a wide range of notable events. From October until the end of 2024, the venue will offer an impressive calendar of internationally recognised events, drawing participants from across the region and the world. October will see the launch of Fintech Forward,…

Manama : The Labour Market Regulatory Authority (LMRA) announced the implementation of 2,179 inspection campaigns and visits, during the period of 22 – 28 September 2024, which resulted in the detention of 40 violating and irregular workers, while 151 violators were deported. The inspection campaigns and visits also resulted in monitoring a number of violations related to the provisions of a number of regulating laws, especially the Labour Market Regulatory Authority and the Residency Laws in the Kingdom of Bahrain, noting that legal measures were taken regarding the observed violations. The authority pointed out that 2,147 inspection visits were carried…

Manama : Nawaf bin Mohammed Al Maawda, the Minister of Justice, received Andrea Catalano, the newly appointed Italian ambassador to Bahrain. The minister welcomed the ambassador, praised the strong bilateral relations between the two countries, and wished him success in his role. The meeting included discussions on joint cooperation programmes and enhancing the exchange of expertise in the judicial domain.

Mexico City : Residents in south-western Mexico on Saturday evacuated from homes flooded by the remnants of Hurricane John that ravaged the Pacific coastline for a week, bringing deadly floods and landslides that left 22 people reported dead. In Guerrero, the worst-hit state and one of Mexico’s poorest, 18 people were killed, according to local media, many due to mudslides that crushed houses. To the south, local media reported three deaths in Oaxaca, and a young boy died in a river to the north in Michoacan state. John rapidly strengthened into a major hurricane on Monday before tearing into Guerrero.…