Author: News Desk

Kiseljak : At least 14 people died in floods in Bosnia and Herzegovina on Friday and many others were missing as torrential rain and landslides destroyed homes, roads and bridges across the centre of the country, officials said.The municipality of Jablanica, about 70 km (43 miles) southwest of the capital Sarajevo, where the deaths were reported, was completely cut off after road and railway links were destroyed.Some houses had been reduced to rubble by landslides, in what appeared to be Bosnia’s worst flooding since at least 2014, when more than 20 died in floods.At an emergency session, Bosnia’s central government said…

Doha : Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, led Bahrain’s delegation at the 122nd GCC Financial and Economic Cooperation Committee Meeting in Qatar. The GCC finance ministers and GCC Secretary-General Jassim Mohammed Al Budaiwi have participated in the meeting. The meeting discussed key topics aimed at boosting financial and economic cooperation among GCC countries, including recommendations from the GCC Central Bank Governors Committee, the outcomes of the GCC Customs Union Authority meetings, and the findings of the GCC Committee of Heads and Directors of Tax Departments, and Gulf Common Market Committee. The ministers were…

Manama : Yaser bin Ibrahim Humaidan, Minister of Electricity and Water Affairs and Chairman of Bahrain Tender Board, issued Circular (3) for 2024 regarding the procurement plan as part of the Tender Board’s efforts to enhance the readiness of suppliers and contractors to submit their bids and expand their participation in government tenders and auctions. This is in addition to improving procedures for organising, managing, and planning government tenders and auctions. This circular is part of the ongoing efforts adopted by the Board to improve government procurement procedures in line with the best international standards and practices in this field.…

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,…