Author: News Desk

Manila : A powerful magnitude 7.4 earthquake struck offshore in the southern Philippines on Friday, killing at least two people, while towns near the epicentre suffered structural damage and authorities warned of strong aftershocks. The quake, in waters off the town of Manay in the province of Davao Oriental, triggered a tsunami alert for coasts within 300 km (186 miles) of the epicentre, but the warnings for the Philippines and Indonesia were subsequently lifted. A strong aftershock of magnitude 6.9 struck at around 7 p.m. (1100 GMT) triggering a new tsunami warning, with the country’s seismology agency Phivolcs warning of…

Manama : The Labour Fund “Tamkeen” announced the launch of the “NextGen Board” in line with efforts to elevate the leadership skills of young Bahraini employees at the Labour Fund and encourage a culture of innovation. The “NextGen Board” brings together talented Tamkeen employees under the age of 30 to spearhead initiatives that drive innovation, including key projects in sustainability and corporate social responsibility. As representatives of the youth, members will also be empowered through training and by participating in management meetings to foster knowledge exchange and professional growth. The board will also work on providing practical proposals to enhance…

Manama : The FinTech Forward 2025 event in the Kingdom of Bahrain continues to gain remarkable momentum, attracting industry leaders and innovators eager to strengthen partnerships and explore emerging opportunities in the financial technology sector. Speaking to media Bader Sater, Chief Executive Officer of Bahrain FinTech Bay, highlighted the forum’s main objective, which is fostering connections between both existing and new partners attending the event. “This event is a flagship for Bahrain’s FinTech ecosystem,” Sater said. “The energy and excitement here reflect the industry’s strong enthusiasm for FinTech.” Sater noted that the event has drawn record attendance and engagement, surpassing…

Hanoi: Torrential rains triggered by Typhoon Matmo flooded parts of Hanoi on Tuesday, the latest in a series of deluges that have inundated the Vietnamese capital over the past month as a run of storms has swept across the country’s northern regions. Heavy downpours flooded major roads, leaving motorbikes and cars stranded and forcing residents to wade through calf-deep water. Inner-city districts have been particularly affected, with drainage struggling to handle the volume of rain. “It’s a loop – rains come, streets flood and people desperately try to get by,” said Nguyen Ngoc Long, a Hanoi resident. “I fear this…

Manama :  Yousif bin Abdulhussain Khalaf, Minister of Legal Affairs and Acting Minister of Labour, opened the 17th Annual Human Resources Management (HRM) Summit Award organised by Roshcomm, in the presence of M. A. Sridhar, Roshcomm’s Chief Executive Officer.  The event brought together over 200 administrative leaders, training officials, and human resources professionals from Bahrain and abroad. The minister said that such specialised conferences provide a key platform for exchanging expertise and discussing the latest developments in human resources management. He underlined Bahrain’s commitment to investing in the development of national talent and enhancing institutional capabilities to achieve sustainable development…

MANAMA : Tanami, a CBB-licensed Bahrain-based FinTech platform transforming access to private markets, and Reboot Coding Institute (Reboot01), a leading tech institute in Bahrain, have announced a strategic partnership during FinTech Forward 2025 (FF25), the region’s leading FinTech forum. The collaboration underscores Tanami’s commitment to investing in local talent and strengthening Bahrain’s FinTech ecosystem. Under the agreement, Tanami has alreadyonboarded three Reboot01 full-stack developer graduates into its expanding technology team,accessing top-tier, production-ready talent that delivers immediate impact while providing themwith the opportunity to apply their skills in building products that are reshaping alternativeinvestments through transparency, quality, and innovation for investors.…

Manama, Bahrain : Ajyad Capital, a leading investment management firm licensed by the Central Bank of Bahrain (CBB), has officially unveiled its Shari’ah-compliant digital trading platform, eMYAA, during Fintech Forward 2025. The platform is designed to meet the growing demand for secure and borderless investing, offering GCC-wide investors a digital gateway to regional and global markets. eMYAA enables trading across a wide spectrum of major asset classes, including stocks, sukuks, ETFs, FX, and commodities, with competitive deposit and trading fees that maximize value for investors. The platform provides access to major global exchanges, including the New York Stock Exchange (NYSE),…

New Delhi : Floods and landslides unleashed by unrelenting rain in India’s eastern hill region of Darjeeling and neighbouring Nepal killed more than 70 people after washing away homes, roads and bridges, authorities said. In Nepal, the death toll in floods and landslides rose to 50, with the eastern district of Ilam bordering India recording 37 deaths, a spokesperson for the Armed Police Force said. At least 18 people died in Darjeeling and several people were still missing on Monday, as relief and restoration work got underway, said local government officials in India’s state of West Bengal, warning that the…

Amman : Bassam Talhouni, Jordanian Minister of Justice, and his Moroccan counterpart Abdellatif Ouahbi, signed two agreements on Sunday to enhance judicial cooperation between the two countries, aiming to develop the justice system and exchange legal expertise. The first agreement covers the transfer of prisoners serving custodial sentences, while the second focuses on mutual legal and judicial assistance in criminal cases, to facilitate the enforcement of judgements and combat cross-border crime. Talhouni said the agreements open new avenues for information exchange and strengthening the rule of law, while Ouahbi praised the relations between the two nations and expressed their shared…

Manama :  His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today received HE Sultan Ali Yousef Mohammed Al-Khater, the outgoing Ambassador of the State of Qatar to the Kingdom of Bahrain, at Gudaibiya Palace. HRH the Crown Prince and Prime Minister emphasised the enduring support for Bahrain-Qatar relations from His Majesty King Hamad bin Isa Al Khalifa and His Highness Sheikh Tamim bin Hamad Al-Thani, Amir of the State of Qatar. His Royal Highness expressed his appreciation to HE Al-Khater for his efforts in further bolstering bilateral relations. During the meeting, issues of…