Author: News Desk

New York : Elon Musk’s SpaceX raised USD75 billion in its blockbuster initial public offering on Thursday on the sale of 555.56 million shares, valuing the space, satellite and AI provider at USD1.77 trillion, a record for an initial offering. The rocket and satellite maker is set to debut on the ‌Nasdaq on Friday, a listing expected to usher in a wave of mega IPOs. SpaceX priced the biggest-ever U.S. initial public offering at USD135 per share, making it one of the ‌world’s most valuable companies. The largest-ever IPO before SpaceX was the December 2019 offering of Saudi Aramco, which…

Manama : His Majesty King Hamad bin Isa Al Khalifa received a telephone call from His Excellency Donald Trump, President of the United States of America. HM the King and HE the President reviewed developments related to efforts to reach a memorandum of understanding between the United States and the Islamic Republic of Iran, including the latest regional and international developments and issues of mutual interest. His Majesty expressed appreciation to HE President Trump for his continued efforts to support peace and stability in the region and for his supportive positions toward the Kingdom of Bahrain. On the occasion of…

Berlin : Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, participated in the Berlin Aviation Summit 2026 and the International Aerospace Exhibition (ILA Berlin) 2026, where he highlighted the Kingdom of Bahrain’s efforts to advance its aviation sector through technology, digital transformation, and innovation. The minister said Bahrain continues to implement its strategic vision to enhance the competitiveness and sustainability of the aviation sector and strengthen its position as a trusted partner and regional hub for transport and logistics services. During a keynote address at the summit, Dr. Shaikh Abdulla bin Ahmed said Bahrain’s National Aviation…

Manama : The FIA World Endurance Championship (FIA WEC) will continue to be held at Bahrain International Circuit (BIC) until at least 2036 following a long-term extension of the circuit’s agreement with the series. BIC has been part of the FIA WEC calendar since the championship’s inaugural season in 2012 and has hosted 14 races to date. Bahrain has also regularly hosted the final race of the season. Initially held over six hours, the race has in recent seasons been expanded to eight hours. The 5.412-kilometre circuit features up to 54 gear changes per lap and speeds approaching 300 km/h.…

Tokyo : The Japan Aerospace Exploration Agency (JAXA) announced the successful launch of the H3 rocket on its sixth mission after resolving a technical issue that affected its previous flight. The rocket lifted off from the Tanegashima Space Center in Kagoshima Prefecture in south-western Japan and successfully deployed six small satellites into their designated orbits at an altitude of 580 kilometres, achieving all primary mission objectives. The mission marked the first use of the upgraded “30 configuration”, a new low-cost variant powered by three liquid-fuel engines without conventional rocket boosters. Japan aims to use the new configuration to reduce launch…

Manama : The General Command of the Bahrain Defence Force stated that Iran continued its systematic hostile approach through its criminal missile and drone attacks targeting civilians in the Kingdom of Bahrain. The General Command confirmed that the air defence systems of the Bahrain Defence Force succeeded in intercepting and destroying Iranian aerial attacks. It confirmed that all its arms and units are at the highest levels of readiness and defensive preparedness to protect the Kingdom. The General Command urged the public to exercise caution regarding any unfamiliar or suspicious objects resulting from the remnants of the brutal Iranian attacks,…

Manama, : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today issued a circular regarding the 1448 AH Hijri New Year holiday. According to the circular, the Kingdom’s ministries and public institutions will be closed on the 1st of Muharram, corresponding to Tuesday, 16 June 2026.

Manama : His Highness Shaikh Hamad bin Nasser bin Hamad Al Khalifa and His Highness Shaikh Mohammed bin Nasser bin Hamad Al Khalifa inaugurated the Kingdom of Bahrain’s first public skating facility, a project that represents a new addition to the Kingdom’s sports infrastructure and reflects the ongoing commitment to providing modern facilities that meet the aspirations of young people. The project was implemented under the directives of His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty’s Representative for Humanitarian Works and Youth Affairs and Chairman of the Supreme Council for Youth and Sports, reflecting his commitment to supporting…

Manama: Her Highness Shaikha Sheema bint Nasser bin Hamad Al Khalifa, Head of Humanitarian Voluntary Initiatives at the Royal Humanitarian Foundation (RHF), witnessed the signing of a cooperation agreement with Gulf Finance House (GFH) Foundation, the charitable arm of GFH Bank, to support the “Reassured Homes” initiative implemented by the Humanitarian Volunteer Initiatives team “Sheyam Al Khair,” which aims to provide a more stable living environment for widows, orphans and underprivileged families across the Kingdom of Bahrain’s governorates. The agreement was signed on behalf of the RHF by Ibrahim Dalhan Al Dosari, Acting Secretary-General of the Foundation, and on behalf…

Dubai : His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the United Arab Emirates and Ruler of Dubai, has issued a law establishing the Dubai Longevity Authority (DLA), a new regulatory body that aims to position Dubai as a leading global hub for advanced sustainable healthcare and wellness in accordance with the highest recognised regulatory standards, while also attracting quality investments in this vital sector. According to the law, His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister and Minister of Defence of the UAE, and…