Author: News Desk

Manama : Bapco Energies has received two international awards in recognition for its first sustainability-linked corporate financing facility and contributions to both ESG and the Islamic Finance categories. Mark Thomas, Group Chief Executive Officer of Bapco Energies said: “We are deeply honoured to have been awarded the Best Islamic Finance Facility and ESG Loan Deal of the Year. These two accolades are a testament to the confidence in our strategy and the growth seen across the company.” He added: “Bapco Energies continues to drive forward by adopting the best practices across sustainable financing, aligning with the Kingdom’s Sustainable Development Goals…

Manam : Within the framework of the current official visit of His Majesty Sultan Haji Hassanal Bolkiah of Brunei Darussalam to Bahrain, His Royal Highness Prince Abdul Mateen Sultan Hassanal Bolkiah, today visited the headquarters of the Economic Development Board (EDB) at Bahrain Bay. HRH Prince Abdul Mateen was welcomed upon arrival by the Minister of Finance and national Economy, Shaikh Salman bin Khalifa Al Khalifa, in the presence of ministers and officials from the two countries. The minister welcomed HRH Prince Abdul Mateen, stressing the importance of the outcomes of the official talks held between His Majesty King Hamad…

Manama : Information Minister Dr. Ramzan bin Abdulla Alnoaimi today signed two memoranda of understanding in the fields of media and culture. The deals were inked on the sidelines of the current visit of HM Sultan Hassanal Bolkiah of Brunei to the Kingdom of Bahrain. Dr. Alnoaimi hailed growing cooperation between the two countries, supported by His Majesty King Hamad bin Isa Al Khalifa and HM Sultan Hassanal Bolkiah of Brunei. He stressed the importance of HM the Sultan of Brunei’s visit which will further push bilateral relations forward and contribute to reinforcing joint cooperation. He noted that the two memoranda of understanding he…

Manama : The Minister of Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa today signed, on behalf of the Minister of Foreign Affairs Dr. Abdullatif bin Rashid Al Zayani, a memorandum of Understanding with Erywan Pehin Yusof, the Minister of Foreign Affairs II of the Sultanate of Oman. The deal was inked in Gudaibiya Palace, in the presence of His Majesty King Hamad bin Isa Al Khalifa and HM Sultan Hassanal Bolkiah of Brunei of Brunei. The memorandum of understanding aims to develop and strengthen cooperation between the two countries and exchange views on international issues of common concern. The deal recognizes…

Manama : His Majesty King Hamad bin Isa Al Khalifa welcomed today Sultan Hassanal Bolkiah of Brunei, who was accompanied by His Royal Highness Prince Abdul Mateen, and the accompanying delegation on arrival in the Kingdom of Bahrain on an official visit. At their welcome were also His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, Personal Representative of HM the King His Highness Shaikh Abdullah bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs, National Security Advisor His Highness Shaikh Nasser bin Hamad Al Khalifa, the Royal…

Ankara : Five workers have been killed in a blast that rocked an explosives factory in the Turkish capital of Ankara on Saturday, Turkey’s defence ministry said in a statement. The blast occurred at the MKE Rocket and Explosives Factory some 40 km (25 miles) outside Ankara. Ankara governor Vasip Sahin told reporters there were no more workers trapped, waiting to be rescued, or hospitalized.

Paris : The United Nations Educational, Scientific and Cultural Organization (UNESCO) has announced the two winning projects of the UNESCO King Hamad Bin Isa Al-Khalifa Prize for the Use of Information and Communication Technologies (ICT) in Education 2022. “Smart Education in China” project, presented by the National Centre for Educational Technology (NCET), in China, and the “National Resources Centre” project, which is run by the National Forum for the Enhancement of Teaching and Learning in Higher Education, in Ireland, won the fourteenth edition of the prize. The two projects were selected from 95 nominations from 56 countries all over the world for…

Bogota : Four children from an Indigenous community in Colombia were found alive in the country’s south on Friday more than five weeks after the plane they were traveling in crashed in thick jungle, Colombia’s President Gustavo Petro said. The siblings were rescued by the military near the border between Colombia’s Caqueta and Guaviare provinces, close to where the small plane had crashed. The plane – a Cessna 206 – was carrying seven people on a route between Araracuara, in Amazonas province, and San Jose del Guaviare, a city in Guaviare province, when it issued a mayday alert due to…

Bahrain : The Indian Community Relief Fund (ICRF) organised a farewell reception for the Ambassador of India to Bahrain, His Excellency Sri Piyush Srivastava and his wife Mrs Monika Srivastava.  His Excellency will be completing his tenure in Bahrain soon and will be moving to Delhi to take up his new role. The event held at the Crowne Plaza Hotel on 8 June 2023 had an overwhelming response from community leaders, businessmen and members from various walks of life. ICRF felicitated His Excellency as well as Mrs Monika Srivastava during the event. “The Ambassador has given pivotal importance to the…

Riyadh : Under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister, His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs the tenth session of the Arab-China Business Conference that will take place in Riyadh from June 11-12. Organized by the Ministry of Investment in partnership with League of Arab States, China Council for the Promotion of International Trade, and Union of Arab Chambers, the conference aims to strengthen trade and economic cooperation between the Arab and Chinese business communities. Held under the theme of “Cooperation for…