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…
Tamkeen supports employment of Bahrainis at PwC’s Regional Service Centre in Manama
Manama, The Labour Fund, Tamkeen, has announced its support for the establishment of PwC Middle East’s Regional Service Delivery Centre in Bahrain, which will provide advisory and operational services across sectors. This initiative aligns with the go…
Bahrain All Share Index marks 2,016.40 points
Manama, Bahrain All Share Index has closed at 2,016.40 points, marking a decrease of 0.54 points below the previous closing.
This decrease was due to the drop in the Financial Sector and Industrials Sector.
Bahrain Islamic Index has closed at 762.93…
Saudi Exports Delegation on Official Visit to Oman for Boosting Non-oil Exports
Riyadh: A delegation from the Saudi Export Development Authority (Saudi Exports) is presently on an official visit to the Sultanate of Oman from April 22-23, 2024. The visit aims to review several topics related to enhancing the access of national
LMRA conducted 808 inspection campaigns and visits during last week
Manama, The Labour Market Regulatory Authority (LMRA) announced the implementation of 808 inspection campaigns and visits, during the week of April 14-20, which resulted in the detention of 79 violating and irregular workers, while 127 violators were …