Author: News Desk

Labour and Social Development Minister, Jameel bin Mohammed Ali Humaidan, has stressed the importance of consolidating the ongoing national efforts to limit the spread of the novel coronavirus pandemic (COVID-19) by raising the level of the precautionary and pre-emptive measures at worksites to protect workers’ safety and health. He affirmed Bahrain’s keenness to promote a healthy and safe work environment that is free of various occupational accidents and communicable diseases, as part of the precautionary measures recommended by the National Medical Taskforce for Combating the Coronavirus (Covid-19) and the Ministry of Health. In a statement, the minister urged employers in…

Some of the world’s richest nations are within touching distance of a historic deal to close the net on large companies which do not pay their fair share of tax, France and Germany said on Friday after a day of talks in London. Finance ministers from the Group of Seven rich nations are meeting in person for the first time since the start of the COVID pandemic, after U.S. President Joe Biden’s administration gave fresh impetus to stalled global tax talks this year. Rich nations have struggled for years to agree a way to raise more tax from large multinationals…

BRAVE CF 51: The Future is Here marked the much-anticipated debut of the truly global Mixed Martial Arts promotion in Belarus and the fight night delivered in every single aspect, from memorable bouts, to amazing finishes, and a completely unexpected last-minute sour surprise, with the cancellation of the main event of the evening a few moments before the walkout. Hometown hero Denis Maher was still celebrating his triumph over Rinat Sagyntay in the co-main event of the evening when BRAVE CF’s color commentator Kirik Jenness broke the news: there was something wrong with one of the headliners and the main…

Kuwait has renewed commitment to the UN Convention against Corruption (UNCAC), said a senior Kuwaiti diplomat on Friday. Cooperation and joint action are the best means to counter this dangerous crime that jeopardizes safety of communities, especially recently on the backdrop of COVID-19, said Ambassador Mansour Al-Otaibi, Kuwait’s Permeant Delegate to UN before the organization’s 32nd General Assembly on anti-corruption. Terming UNCAC a “cornerstone” in the fight against corruption, yet the phenomenon, according to Al-Otaibi, is still prevalent and becoming more complex due to advancing technology, making it a trans-border crime, branching out to terrorism financing, money laundering, arms dealing…

U.S. President Joe Biden offered to scrap his proposed corporate tax hike during negotiations with Republicans, two sources familiar with the matter said on Thursday, in what would be a major concession by the Democratic president as he works to hammer out an infrastructure deal. Biden offered to drop plans to raise corporate tax rates as high as 28% and instead set a minimum 15% tax rate aimed at ensuring all companies pay taxes, sources said. In return, Republicans would have to agree to at least $1 trillion in new infrastructure spending, one source said. And Biden has not given…

Manama: Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, signed a Memorandum of Understanding with the Russian Direct Investment Fund (RDIF), Russia’s sovereign wealth fund, and Binnopharm Group to explore the establishment of a vaccine production facility in the Kingdom to manufacture and distribute the Sputnik V COVID-19 vaccine across the GCC and MENA region. The Binnopharm Group is а subsidiary of Sistema PJSFC, a publicly traded Russian investment company. The MoU was signed in the presence of the Minister of Foreign Affairs Dr. Abdullatif bin Rashid Al Zayani, during the St. Petersburg International Economic Forum (SPIEF) held this week…

Saint Petersburg: The Minister of Foreign Affairs, Dr. Abdullatif bin Rashid Al-Zayani, today visited the Hermitage Museum in Saint Petersburg, on the sidelines of his participation in the Saint Petersburg International Economic Forum. After being welcomed by Director General of the Museum, Mikhail Piotrovsky, the minister and his accompanying delegation toured the museum’s departments and halls and got briefed on its treasures, antiquities and arts from various civilizations of the world. The minister expressed admiration of the collections of the museum, which is one of the largest in the world, wishing its management continued success.

Bahrain approves ‘SOTROVIMAB’ for emergency use in treating COVID Bahrain has approved “Sotrovimab” for emergency use, a new drug by GlaxoSmithKline (GSK) for the treatment of COVID-19. The decision to add “Sotrovimab” to COVID-19 treatment protocols follows emergency use approval by the US Food and Drug Administration (FDA) as well a comprehensive review of GSK’s clinical trials. “Sotrovimab-VIR-7831” develops “monoclonal antibodies” and will be used to treat infected adults and adolescents with mild to moderate COVID-19 symptoms who are at risk of their condition deteriorating and resulting in hospitalisation. Safety and efficacy evidence demonstrates a reduction in the number of cases…

BRAVE Combat Federation has been breaking records and traveling the world with a mission to develop the global mixed martial arts community through focusing on grassroots development combat sports infrastructures in host nations. This morning, the President of BRAVE CF Mohammed Shahid landed in Minsk, Belarus with eager and determined to do the same for the Eastern European country.  BRAVE CF is hosting their 51st event this weekend in Minsk, Belarus featuring the biggest and brightest national talents to represent their country on a global scale and compete against international talent.  “I’m looking forward to seeing Belarusian talent perform and…

Bahrain has approved “Sotrovimab” for emergency use, a new drug by GlaxoSmithKline (GSK) for the treatment of COVID-19. The decision to add “Sotrovimab” to COVID-19 treatment protocols follows emergency use approval by the US Food and Drug Administration (FDA) as well a comprehensive review of GSK’s clinical trials. “Sotrovimab-VIR-7831” develops “monoclonal antibodies” and will be used to treat infected adults and adolescents with mild to moderate COVID-19 symptoms who are at risk of their condition deteriorating and resulting in hospitalisation. Safety and efficacy evidence demonstrates a reduction in the number of cases requiring hospitalisation for more than 24 hours and…