Author: News Desk

Washington : Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board, participated in a panel discussion titled “Human Capital: The Cornerstone of Economic Growth” as part of a side event organised by the Secretariat General of the Gulf Cooperation Council (GCC) and the World Bank, on the sidelines of the 2024 Annual Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF) in Washington D.C. The panel also featured Faisal F. Alibrahim, Minister of Economy and Planning of Saudi Arabia; Deemah Al Yahya, Secretary General of the Digital Cooperation…

Manama : Bahrain’s “Bahrain 1” team achieved a decisive victory against Bulgaria in their opening match at the ISF Gymnasiade Bahrain 2024, establishing an early lead in Group A. Bahrain led 11-8 at halftime and extended their advantage in the second half to secure a 31-15 win. The game was held at the Handball Federation Hall, Um Al Hassam Sports Complex. In other matches, France edged past Saudi Arabia 21-20, while Ukraine defeated Benin 38-12 and Romania beat Iran 25-19 in the girls’ competition, marking strong starts in the tournament.

Al Ula : Ahmed Khaled Al Araifi, CEO of the National Communication Centre (NCC), participated in the second meeting of Gulf Cooperation Council (GCC) government communication centre heads at Maraya Hall, Al Ula, Saudi Arabia. The event, organised by the Saudi Government Communication Centre, took place under the patronage of Salman bin Yousef Al Dosari, the Saudi Minister of Media, with the participation of Dr. Abdullah Al Maghlouth, Saudi Assistant Minister of Media, and other communication centre leaders from the GCC. The Saudi Minister of Media emphasised the importance of enhancing media and communication cooperation across GCC countries, marking the…

Washington : Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, participated in the ministerial meeting with the International Monetary Fund (IMF) under the theme “A Fund for the Future,” held as part of the IMF and World Bank Annual Meetings in Washington, D.C. Kristalina Georgieva, IMF Managing Director; Khalid Humaidan, Central Bank of Bahrain Governor; and other central bank governors and financial institution leaders from the Middle East, North Africa, Afghanistan, and Pakistan (MENAP) region were present. Shaikh Salman bin Khalifa emphasised Bahrain’s commitment to expanding and diversifying its economic base in alignment with the comprehensive…

Washington : Shaikh Salman bin Khalifa Al Khalifa, Finance and National Economy Minister, delivered a statement to the World Bank’s Development Committee on behalf of the Arab Group and the Maldives, which Bahrain represents, at the Committee’s 110th meeting. The meeting was held as part of the annual meetings of the World Bank and International Monetary Fund (IMF) in Washington, D.C. Shaikh Salman emphasised the importance of unifying international efforts and building on achievements in global cooperation to support progress toward the Sustainable Development Goals (SDGs). He underscored the World Bank’s role in launching initiatives that foster prosperity for all…

Washington : Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, spoke at the Standard Chartered Investor Forum held as part of the annual meetings of the World Bank and IMF in Washington, USA. The forum was attended by Noor bint Ali Alkhulaif, Sustainable Development Minister, and Khalid Humaidan, Central Bank Governor. The minister affirmed Bahrain’s commitment to economic diversification through policies and initiatives aimed at stimulating growth in promising sectors. This effort supports the comprehensive development process led by His Majesty King Hamad bin Isa Al Khalifa, and followed up by His Royal Highness Prince Salman…

Qingdao : Yasser bin Ibrahim Humaidan, Minister of Electricity and Water Affairs, participated in the third ministerial conference for energy ministers under the Belt and Road Initiative, held in Qingdao, China, from October 23-24, supported by China’s National Energy Administration (NEA). The event brought together over 600 participants, including energy ministers, ambassadors from 80 countries, and leaders of 17 international organisations. The Minister highlighted Bahrain’s commitment to expanding renewable energy, in line with royal directives and the government’s efforts led by His Royal Higness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister. Humaidan outlined Bahrain’s infrastructure…

Manama : Under the patronage of His Majesty King Hamad bin Isa Al Khalifa, Bahrain hosts the ISF Gymnasiade Bahrain 2024 during October 23-31. Approximately 5,551 students from 80 school federations across 71 countries will participate in this event, fostering enthusiasm and a spirit of competition among young athletes from around the globe. The event kicked off yesterday with the General Assembly of the ISF, before the official opening ceremony held today at the National Stadium. The ceremony showcased diverse artistic and sports performances that reflect Bahrain’s cultural heritage, embodying values of tolerance, and fraternity, alongside performances from participating countries.…

Manama : The Court of Cassation issued its second judgment upholding an arbitral award issued under the Bahrain Chamber for Dispute Resolution Arbitration Rules (BCDR). The Court’s decision establishes that terms of reference in arbitration procedures serve to supplement, rather than replace, the original agreement unless explicitly stated otherwise. Furthermore, it clarifies that Bahraini Evidence Law does not constitute a matter of public policy. The appeal brought before the Court of Cassation sought to annul an arbitral award concerning a property management dispute. The dispute arose between two companies regarding the management of commercial property, where the appellant was alleged…

Washington : Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, participated in a panel titled “Gulf Economic Integration: Achievements and Aspirations,” organised by the GCC General Secretariat in cooperation with the World Bank. The session, held as part of the annual meetings of the World Bank and IMF in Washington, showcased GCC achievements in addressing global and regional challenges, strengthening competitiveness, and promoting economic integration. Also participating were Mohammed bin Abdullah Al Jadaan, Saudi Finance Minister, Noora bint Sulaiman Al Fassam, Kuwaiti Minister of Finance and Acting Minister of Oil, and Ali bin Ahmed Al Kuwari,…