BUSINESS NEWS
Bahrain EDB hosts delegation from Monaco spearheading bilateral investment opportunities
Manama, Bahrain Economic Development Board (Bahrain EDB) is set to host a high-level delegation from the Principality of Monaco, led by Frédéric Genta, the Secretary of Attractiveness, Development and Digital at the Government of Monaco on a two-day v…
Alba achieves First Fire of M701JAC Gas Turbine
Manama, Aluminium Bahrain B.S.C. (Alba) announced a significant milestone towards the commercial operation of its Power Station 5 (PS 5) Block 4 Project with the First Fire of the Mitsubishi Power M701JAC Gas Turbine (GT).
This achievement marks a ke…
ADQ, Oman Investment Authority launch $180 million technology-focused fund to bolster digital economy
Abu Dhabi, ADQ, an Abu Dhabi-based investment and holding company, today announced the launch of a US$180 million technology-focused fund, Jasoor Fund (the Fund), with Oman Investment Authority (OIA) represented by ITHCA Group. This commitment is part…
JEDCO CEO: Operational Figures at King Abdulaziz Airport Demonstrate Successful Umrah Season Plans
Jeddah: CEO of Jeddah Airports Company (JEDCO) Mazen Johar, has highlighted the implemented measures to facilitate passengers’ procedures during the peak season of Umrah, spanning from Ramadan until the 9th of Shawwal.
Johar highlighted that these me…
King Abdullah City for Atomic and Renewable Energy Takes Part in the 26th World Energy Congress in Rotterdam
Riyadh: King Abdullah City for Atomic and Renewable Energy (KACARE) is participating in the World Energy Congress, which is taking place in Rotterdam, the Netherlands, from April 22 to 25.
By taking part in the event, KACARE aims to show the
Industry and Mineral Resources Minister Inaugurates ‘Saudi Made’ Pavilion in Hannover Messe 2024
Hannover, The Minister of Industry and Mineral Resources and Chairman of the Board of Directors of the Saudi Export Development Authority (Saudi Exports), Bandar bin Ibrahim Al-Khorayef, inaugurated the “Saudi Made” pavilion today at the Hannover Mess…
CBB Treasury Bills oversubscribed by 221%
Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 221%.
The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom