HRH Premier receives MBC office Director

Posted Tue, 02/23/2010 - 17:05

Manama, Feb. 23 (BNA) His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa called for Arab unity to be the goal of every Arab mass medium regardless of any climate surrounding its work.

OBAMA RETURNS TO WASHINGTON

Posted Sat, 12/19/2009 - 11:27

WASHINGTON, DEC. 19, (BNA) US PRESIDENT BARACK OBAMA RETURNED TO WASHINGTON EARLY TODAY AFTER TAKING PART IN COPENHAGEN SUMMIT ON CLIMATE CHANGE. HE SAID ON FRIDAY AN IMPORTANT AND UNPRECEDENTED AGREEMENT HAD BEEN REACHED IN THIS REGARD BUT PROGRESS WAS NOT ENOUGH. HE WARNED A DEAL FOR A LEGAL COMMITMENT WOULD BE HARD TO REACH AND WOULD REQUIRE TIME.

BAHRAIN'S ADDRESS BEFORE COPENHAGEN CONFERENCE

Posted Fri, 12/18/2009 - 22:20

COPENHAGEN, DEC. 18 (BNA) MINISTER OF MUNICIPALITIES AND AGRICULTURAL AFFAIRS DR. JUMA'A BIN AHMED AL KAABI DELIVERED A SPEECH AT THE 15TH CONFERENCE OF THE UN FRAMEWORK AGREEMENT ON CLIMATE CHANGE IN COPENHAGEN.

SHAIKH ABDULLAH REPRSENTS HM AT COPENHAGEN CONFERENCE

Posted Wed, 12/16/2009 - 22:46

MANAMA, DEC. 16 (BNA) ON BEHALF OF HIS MAJESTY THE KING, PRESIDENT OF THE GENERAL COMMISSION FOR PROTECTION OF MARINE RESOURCES, ENVIRONMENT AND WILDLIFE SHAIKH ABDULLAH BIN HAMAD AL KHALIFA IS CURRENTLY REPRESENTING BAHRAIN AT THE CLIMATE CHANGE AGREEMENT IN COPENHAGEN ALONG WITH OVER 110 HEADS OF STATE AND PRIME MINISTERS.

THOUSANDS ATTEND COPENHAGEN CLIMATE

Posted Sun, 12/13/2009 - 10:56

COPENHAGEN, DEC. 13 (BNA) TENS OF THOUSANDS OF PEOPLE DEMONSTRATED IN THE DANISH CAPITAL ON SATURDAY FOR SPEEDY ACTION BY THE UN CLIMATE CONFERENCE TO HALT GLOBAL WARMING.

MINISTER KAABI PATRONIZES FESTIVAL

Posted Fri, 12/11/2009 - 18:06

MANAMA, DEC. 11 (BNA) MINISTER OF MUNICIPALITIES AND AGRICULTURAL AFFAIRS DR. JUMA'A BIN AHMED AL KAABI YESTERDAY PATRONIZED THE ACTIVITIES OF THE 4TH CHILD AND ENVIRONMENT FESTIVAL, HELD UNDER THE THEME OF CLIMATE CHANGE.

ERNST 8 YOUN BASES ITS HQ IN MANAMA

Posted Wed, 12/09/2009 - 15:39

MANAMA, DEC. 9 (BNA) HIS ROYAL HIGHNESS CROWN PRINCE AND DEPUTY SUPREME COMMANDER PRINCE SALMAN BIN HAMAD AL KHALIFA HAS EXPRESSED SATISFACTION OVER THE STRATEGIC DECISION MADE BY ERNST 8 YOUNG TO BASE ITS HEADQUARTERS IN BAHRAIN FOR ENJOYING THE BEST CLIMATE AMID STRONG INTERNATIONAL COMPETITION.

WORLD ON COURSE FOR CATASTROPHIC 60 RISE, REVEAL SCIENTISTS

Posted Wed, 11/18/2009 - 12:06

LONDON, NOV.18 (BNA) -- THE WORLD IS NOW FIRMLY ON COURSE FOR THE WORST-CASE SCENARIO IN TERMS OF CLIMATE CHANGE, WITH AVERAGE GLOBAL TEMPERATURES RISING BY UP TO 6C BY THE END OF THE CENTURY, LEADING SCIENTISTS SAID YESTERDAY AND WAS PUBLISHED TODAY AT THE INDEPENDENT.

Bahrain risk: Risk overview

Posted Fri, 11/06/2009 - 16:24

FROM THE ECONOMIST INTELLIGENCE UNIT OVERALL ASSESSMENT Bahrain offers a relatively liberal and stable investment climate for foreign firms, but there are a variety of political risks, reflecting internal tensions over economic inequalities...

MET OFFICE WARNS OF CATASTROPHIC GLOBAL WARMING IN OUR LIFETIMES

Posted Mon, 09/28/2009 - 09:42

LONDON, SEPT.28 (BNA) -- UNCHECKED GLOBAL WARMING COULD BRING A SEVERE TEMPERATURE RISE OF 4C WITHIN MANY PEOPLE'S LIFETIMES, ACCORDING TO A NEW REPORT FOR THE BRITISH GOVERNMENT THAT SIGNIFICANTLY RAISES THE STAKES OVER CLIMATE CHANGE, THIS WAS PUBLISHED AT '' THE GUARDIAN''.

General Organisation of Sea Ports reaffirms Bahrain's commitment to combat climate change

Posted Sat, 09/26/2009 - 13:49

Investcorp's rating cut by Moody's

SHAIKH ABDULLAH REPRSENTS BAHRAIN AT WORLD CLIMATE CONFERENCE

Posted Thu, 09/03/2009 - 19:29

MANAMA, SEPTEMBER 3 (BNA) DEPUTIZED BY HIS MAJESTY KING HAMAD BIN ISA AL KHALIFA, CHAIRMAN OF THE GENERAL COMMISSION FOR PROTECTION OF MARITIME RESOURCES, ENVIRONMENT AND WILDLIFE, SHAIKH ABDULLAH BIN HAMAD AL KHALIFA HEADED BAHRAIN'S DELEGATION TO THE HIGH LEVEL MEETING OF THE 3RD WORLD CLIMATE CONFERENCE HELD IN GENEVA FROM 31ST AUGUST TILL 4TH SEPTEMBER.

Bahrain’s ports reap the rewards of integrated networks

Posted Sun, 08/23/2009 - 12:14

In today's economic climate, an integrated transport network is crucial to helping shipping companies and logistics operators to cut costs, according to the Chairman of the General Organisation of Sea Ports (GOP).
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Chairman of the General Organisation of Sea Ports (GOP), Sheikh Daij bin Salman Al Khalifa (centre) in an exclusive interview with Oxford Business Group (OBG)’s Country Director, Suzanne Claiden (left) and Editorial Manager, Chase Thompson (right).
In an exclusive interview with Oxford Business Group (OBG), the highly acclaimed global publishing, research and consultancy firm, Sheikh Daij bin Salman Al Khalifa said that since Bahrain's air, sea and road networks boast excellent inter-connection, Bahrain is ideally placed to become a major transhipment centre and the premier port for the northern Gulf region.

'Its sea ports and the airport are located close to each other, connected by excellent road infrastructure to the 25km-long King Fahd Causeway,'Read more

Experts tell OBG how Bahrain’s banking sector tackles global economic challenges

Posted Mon, 08/10/2009 - 14:33

Although the global downturn has produced a climate of financial caution, key players from Bahrain's banking sector are confident that the improved performance of locally placed investments is easing the blow for the country's economy.

The 'wait-and-see' sentiment is likely to dominate the banking world until global economic indicators stabilise, but with some investors bringing their liquidity back into the GCC, the overall picture for Bahrain is positive.

This was one of the viewpoints expressed by leading figures within the banking sector who were interviewed by Oxford Business Group (OBG), the global publishing, research and consultancy firm. The roundtable included Abdulkarim Bucheery, CE, Bank of Bahrain and Kuwait (BBK); Abdul Razak Abdulla Hassan Al Qassim, CEO, National Bank of Bahrain; Michael Lee, CEO, Ithmaar Bank, and Sabah Almoayyed, GM, Eskan Bank.

The experts were discussing how Bahrain is rising to the economic challenges that the world is facing. Their views feature in The Report: Bahrain 2009, the most comprehensive and accurate review of the country's economy available, which is soon to be published by OBG. Rated as the premier source of information for foreign direct investment, The Report covers the most important economic and financial developments in the country. It offers a detailed sector-by-sector guide for foreign investors, alongside a wide range of interviews with the most prominent political, economic and business figures.
Read more

Gulf Air signs MoU with Bahrain’s Environmental Agency

Posted Mon, 07/27/2009 - 13:25

Bahrain's national carrier, Gulf Air, today signed a Memorandum of Understanding (MoU) with the Bahrain Government's General Directorate for the Protection of the Environment and Wildlife, a subsidiary of the Public Commission for the Protection of Marine Resources, Environment and Wildlife, Bahrain, in another major step forward in the airline's corporate social responsibility initiatives.
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Dr. Adel Al Zayani (Director General, Public Commission for the Protection of Marine Resources, Environment & Wildlife) and Talal Al Zain (Executive Chairman, Gulf Air) at the signing ceremony.
The landmark MoU, signed by Gulf Air Executive Chairman Mr. Talal Al Zain and the General Directorate for the Protection of the Environment and Wildlife General Director Dr. Adel Al Zayani, brings together the two national establishments to work towards protecting the Island's precious environment and natural resources.
Read more

Baytik Industrial Oasis on-track and nearing completion

Posted Mon, 07/27/2009 - 09:54

Bahrain-based Baytik Industrial Investments (BII), a wholly-owned subsidiary of Kuwait Finance House - Bahrain (KFH), has announced the 75% completion of Baytik Industrial Oasis (BIO).
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Baytik Industrial Oasis.
Located within Bahrain International Investment Park (BIIP) in Hidd industrial area, BIO is first project of its kind in the Kingdom.

Encompassing 154,400 square meters of land, the first tenants of the project are set to move in by end of 2009. Leasers will benefit from BIO's state-of-the-art pre-built advanced manufacturing units designed especially for companies engaged in high-technology manufacturing and assembling, light industry, SMEs and industrial processing.

Osama Al Khaja, Chairman, Baytik Industrial Oasis, said:

'Regardless of the current economic climate, I'm pleased to report that BIO's construction is on target. With 75% complete, we're looking to lease nearly half the units by December 2009.'Read more

Mumtalakat seeks advisers to rebuild Gulf Air

Posted Mon, 07/27/2009 - 08:18

Bahrain-based Baytik Industrial Investments (BII), a wholly-owned subsidiary of Kuwait Finance House - Bahrain (KFH), has announced the 75% completion of Baytik Industrial Oasis (BIO).
+ Enlarge  
Baytik Industrial Oasis.
Located within Bahrain International Investment Park (BIIP) in Hidd industrial area, BIO is first project of its kind in the Kingdom.

Encompassing 154,400 square meters of land, the first tenants of the project are set to move in by end of 2009. Leasers will benefit from BIO's state-of-the-art pre-built advanced manufacturing units designed especially for companies engaged in high-technology manufacturing and assembling, light industry, SMEs and industrial processing.

Osama Al Khaja, Chairman, Baytik Industrial Oasis, said:

'Regardless of the current economic climate, I'm pleased to report that BIO's construction is on target. With 75% complete, we're looking to lease nearly half the units by December 2009.'Read more

TRA proposes to set cost of capital applicable to Batelco and Zain

Posted Wed, 07/22/2009 - 09:38

The Telecommunications Regulatory Authority (TRA) has issued for public consultation a draft determination on the cost of capital applicable to Batelco and Zain.

The draft determination is proposing to set the cost of capital for both companies at 9%. The current cost of capital applying to Batelco was set at 12.2% in 2005. The objective of the determination is to set the appropriate level of the nominal cost of capital and therefore the rate of return applicable for regulated telecommunications services in the Kingdom of Bahrain.

TRA's General Director Mr. Alan Horne said:

'It has been almost four years since the cost of capital has been determined. There have been many changes in the industry and global environment since that time and the cost of capital needs to be adjusted so as to be fair and reasonable to all parties reflecting the current environment. To establish the revised figure, TRA has been assisted by specialist consultants who have undertaken a rigorous study and analysis to arrive at our recommended figure'Read more

BAHRAIN DELEGATION IN LONDON DISCUSS CLIMATE CHANGE

Posted Thu, 07/09/2009 - 13:28

LONDON, JULY 9 (BNA) A BAHRAINI PARLIAMENTARY DELEGATION PARTICIPATING IN THE INTERNATIONAL CONFERENCE RELATED TO CLIMATE CHANGE BEING HELD IN LONDON, AFFIRMED THE IMPORTANCE OF GLOBAL COOPERATION TOWARD CURBING ON THIS PHENOMENA IN ALL COUNTRIES.

BAHRAINI PARLIAMENTARY DELEGATION TAKES PART IN CLIMATE CHANGE CONFERENCE

Posted Wed, 07/08/2009 - 18:04

LONDON, JULY 8 (BNA) BAHRAIN'S PARLIAMENTARY DELEGATION TOOK PART TODAY IN THE CLIMATE CHANGE CONFERENCE, THE COUNTDOWN TO COPENHAGEN.