Author: News Desk

Jakarta : Units from the countries of ASEAN began their first ever joint military drills in Indonesia’s South Natuna Sea. The five-day non-combat operation is aimed at developing military skills, including maritime security and patrols, and the distribution of humanitarian assistance and disaster relief, the Indonesian military said in a statement. All 10 members of the Association of Southeast Asian Nations (ASEAN) will join the exercise, including prospective member East Timor, Reuters reported. “This is not a combat operation because ASEAN is more focused on economics. The training is more about social activities,” Yudo Margono, Indonesia’s military chief, told reporters…

Abu Dhabi : His Highness Shaikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, has launched the new vision and strategy for Abu Dhabi Media Network, during a launch ceremony held today at Abu Dhabi National Theatre. During the event, His Highness endorsed a detailed overview of the new vision and strategy, which focuses on key public service pillars aimed at elevating the public media landscape, developing engaging educational and informative content tailored to all segments of the community, and accelerating the growth of the knowledge economy across…

Bahrain has stepped up to provide much-needed assistance to the victims of the devastating floods in Libya. https://youtube.com/shorts/QEQbKNZD5Ac?si=pe9Xkhu1U3pEr83m With the guidance of His Majesty King Hamad, the Royal Humanitarian Foundation (RHF) sprang into action, and dispatched $1 million worth of humanitarian aid. 40 tonnes of essential supplies, including food, medical goodies, and materials for shelter, are making their way to Libya as we speak. The RHF knows the urgency of the situation and aims to bring relief to the thousands affected by the floods, which have tragically claimed over 11,000 lives

Manama : The Central Bank of Bahrain (CBB) has introduced a new category of investment firms under its Investment Business Regulations – Volume 4 of the CBB Rulebook. The new category is permitted to provide regulated investment and wealth management services to family offices that are subject to the CBB’s supervision. The regulations were developed to suit the business models of family offices that provide services to multiple wealthy families while maintaining regulatory requirements related to governance and internal controls. This category of license will be able to provide wealth management advice, investment management, custody services, trust services, fund management…

Manama, His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander of the Armed Forces, today paid a visit to the Royal Bahraini Air Force (RBAF). Upon arrival, HM the King was welcomed by Field Marshal Shaikh Khalifa bin Ahmed Al Khalifa, Commander-in Chief of the Bahrain Defence Force (BDF). HM the King, who was accompanied by Lieutenant-General His Highness Shaikh Nasser bin Hamad Al Khalifa, National Security Advisor and Royal Guard Commander, was also welcomed by Lieutenant-General Theyab bin Saqr Al-Nuaimi, BDF Chief of Staff, Air Vice-Marshal Shaikh Hamad bin Abdulla Al Khalifa, RBAF Commander, and a number…

Manama : The Ministry of Foreign Affairs of the Kingdom of Bahrain welcomed the efforts of the Kingdom of Saudi Arabia, in coordination with the Sultanate of Oman, to invite a delegation from the Sana’a, Yemen to Riyadh to hold discussions in an effort to reach a comprehensive and permanent ceasefire in the Republic of Yemen, expand the truce and achieve a sustainable political solution acceptable to all Yemeni parties. The Ministry of Foreign Affairs reiterated the support of the Kingdom of Bahrain for the initiative announced by the Kingdom of Saudi Arabia in March 2021 to end the crisis…

Manama : His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today chaired the weekly Cabinet Meeting at Gudaibiya Palace. The Cabinet highlighted the Kingdom of Bahrain’s longstanding commitment to supporting countries in need, led by the vision and directives of His Majesty King Hamad bin Isa Al Khalifa, which includes the recent directives to provide aid to the State of Libya. In this regard, the Cabinet noted the urgent humanitarian aid provided to the victims of the floods that swept several regions in the eastern region of Libya. The Cabinet expressed its sincere…

Manama : Spire Technologies has obtained Account Information Service Provider (AISP) and Payment Initiation Service Provider (PISP) licenses from the Central Bank of Bahrain (CBB), authorising it to operate as a fully regulated open banking ancillary service provider Bahrain. This milestone approval from the CBB will effectively enable Spire Technologies to expand its offerings, delivering expert financial insights and swift digital solutions to the market with increased operational efficiency, which include the provision of open banking use cases to retail customers and Micro Small and Medium Enterprises (MSME) in addition to open banking enabled services to banks and fintechs. A…

Belgrade : His Highness Shaikh Khalid bin Hamad Al Khalifa, Supreme Council for Youth and Sports First Deputy Chairman, General Sports Authority (GSA) Chairman and Bahrain Olympic Committee (BOC) President, today attended the opening ceremony of the 2023 World Wrestling Championships. His Highness Shaikh Salman bin Mohammed Al Khalifa, GSA Deputy Chairman, His Highness Shaikh Isa bin Rashid Al Khalifa, Zoran Gajic, Serbian Sports Minister, Bozidar Maljkovic, Serbian National Olympic Committee President, Dr. Abdulrahman Sadiq Askar, GSA’s CEO, and Fares Mustafa Al-Kooheji, BOC Secretary-General, were present. HH Shaikh Khalid expressed his pleasure at attending the opening ceremony, based on the…

Manama : The Bahrain Institute of Banking and Finance (BIBF) organised a signing ceremony to provide scholarships for 40 outstanding students to join the Data Science and Business Analytics bachelor’s degree programme. This prestigious programme is awarded by the University of London and academically directed by the renowned London School of Economics (LSE), which is among the top 10 universities in the UK. The students have been carefully selected to join this new and futuristic programme which offers rewarding job opportunities required in the local and global labor market. Dr. Ahmed Al Shaikh, CEO of BIBF, noted that the programme…