HM King’s constant support for legislative branch praised by Shura Chairman

Shura Council Chairman, Ali bin Saleh Al Saleh, has extended deepest thanks and appreciation to His Majesty King Hamad bin Isa Al Khalifa for his constant support which, he sai, has enabled the legislative branch to carry out its role to the fullest. Al-Saleh was speaking during the last meeting of the Shura Council following […]

Labor Minister Received Algerian Ambassador

Labor and Social Development Minister and Labor Market Regulatory Authority (LMRA)’s Chairman of the Board of Directors Jamil bin Mohammad Ali Humaidan met newly appointed Algerian Ambassador to Bahrain Abdulhamid Ahmed Khoja. The minister affirmed the Kingdom’s keenness to enhance human development, social protection, and coordinate joint positions in Arab and international labor forums. He […]

Aluminium Bahrain refinances $1.247bln loan with sustainability targets

Aluminium Bahrain (Alba), the world’s largest smelter ex-China, has successfully achieved sustainability-linked refinancing for its $1.247bln syndicated loan facility in connection to the Line 6 Expansion Project. Alba is the first Bahraini company to have achieved such sustainability-linked refinancing. The senior-unsecured conventional and Islamic facility carries an interest margin of 235 basis points per annum over […]

Moody’s upgrades outlook for Bahrain’s banking system

Bahrain banks’ profitability will return to pre-pandemic levels over the next 12 to 18 months, forecasts Moody’s Investors Service, noting that resilient funding, liquidity and capital positions are back after the coronavirus economic shock. In reports issued yesterday, the US-based ratings agency has changed the outlook for the banking systems of Bahrain, Saudi Arabia, Kuwait, […]

Bahrain first in GCC to license Starlink

he Telecommunications Regulatory Authority (TRA) has granted US firm SpaceX the licence to offer Starlink satellite and Internet services in Bahrain. The kingdom is the first in the GCC to grant a licence for this service. Starlink is a new and innovative service that uses a network of satellites along the Earth’s orbit in low […]

Bahrain condemns terrorist bombing in southern Pakistan

Bahrain condemned the terrorist bombing that took place near a Chinese institute at the University of Karachi in southern Pakistan, which led to a number of deaths and injuries. The Ministry of Foreign Affairs affirmed the Kingdom’s solidarity with Pakistan against violence, extremism and terrorism, renewing its firm stance and rejecting such criminal acts, which […]

HM King thanked by Custodian of Two Holy Mosques

His Majesty King Hamad bin Isa Al Khalifa received a cable of thanks from the Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud, in reply to HM’s condolences over the passing of His Highness Prince Abdulrahman bin Saad II bin Abdulrahman bin Faisal Al Saud.

Gulf Air Chairman follows Parliamentary Inquiry Committee recommandations

Gulf Air Board of Directors’ Chairman Zayed R. Alzayani met with the company’s members of the Executive Management to review the outcomes and recommendations of the Parliamentary Inquiry Committee related to Gulf Air. Alzayani praised the efforts of the Parliament and the Parliamentary Inquiry Committee for their keenness and efforts in performing their duties, affirming […]