Author: News Desk

Russia maintained gas flows through key pipeline routes into Europe on Monday, despite uncertainty over payment terms and as European leaders urged further sanctions against Moscow amid allegations of war crimes in Ukraine. Physical gas flows through the Yamal-Europe pipeline, at Germany’s Mallnow border point see-sawed over the weekend and last stood at zero, data from operator Gascade showed. Nominations, or requests, for Russian gas deliveries via Slovakia’s Velke Kapusany entry point from Ukraine were steady on Monday at 967,954 MWh/day, as were flows through the Nord Stream 1 pipeline to Germany at 73,379,286 kWh/h. Russian state-owned energy giant Gazprom…

Dr Nayef Falah M. Al Hajraf, Secretary-General of the Gulf Cooperation Council (GCC), stressed the importance of the Yemeni consultations under the patronage of the GCC in supporting Yemen and the brotherly Yemeni people to end the conflict and achieve security and stability in Yemen. Dr Al Hajraf reiterated the Council’s support for Yemen and the Yemeni people, in light of the constitutional legitimacy and through a political solution based on the three references represented in the GCC initiative and its Executive Mechanism, the outcomes of the Yemeni National Dialogue Conference (NDC) and the Security Council resolution 2216. HE the…

The United Nations (UN) honored the Kingdom, representing the Royal Humanitarian Foundation (RHF), in appreciation of its efforts in humanitarian work and support for refugees and the afflicted in various countries and its sustainable development and aid projects. RHF’s Secretary-General Dr. Mustafa Al Sayed received an honorary shield by UN High Commissioner for Refugees (UNCHR) Senior Advisor and GCC Representative Khalid Khalifa. The UNCHR senior advisor praised the Kingdom’s efforts in supporting refugees taking into account their humanitarian situation, and its provision of aid to various affected and afflicted from around the world. He streseed that this special honor from the…

Bahrain’s national carrier Gulf Air has signed a Memorandum of Understanding (MoU) with Texel Air to explore various cooperation opportunities including charter agreements, engineering and maintenance activities. The MoU was signed by Captain Waleed AlAlawi, Gulf Air Acting Chief Executive Officer and John Chisholm, Chairman of Chisholm Enterprises, the parent company for Texel Air. “We are always looking to discover ways to enhance our commercial partnerships, and to get involved in every related sector of the aviation industry, we are very impressed with this collaboration with Texel Air and look forward to embarking on mutually fruitful relations for the two…

Electricity and Water Affairs Minister Wael bin Nasser Al Mubarak received Israeli Deputy Minister of Foreign Affairs, Idan Roll. The meeting reviewed areas of cooperation and the progress they are witnessing at all levels, as well as ways of enhancing exchanging experiences. The deputy foreign minister affirmed his readiness to enhance the existing cooperation to serve the interests and aspirations of the two countries.

Labor Market Regulatory Authority (LMRA), in cooperation with Nationality, Passports and Residence Affairs of the Ministry of Interior, conducted joint inspection campaigns on a number of workplaces in all Governorates of the Kingdom. Campaigns resulted in raising several offences related to violations of LMRA’s Law and Immigration authority, and necessary legal action were taken. The campaigns reflect the ongoing efforts exerted by LMRA, Interior Ministry and other government bodies for the betterment of work environment, in addition to addressing LMRA close monitoring level in practices that affect the competitiveness, flexibility and justice of the labour market, not to mention their…

Aluminium Bahrain B.S.C. (Alba), world’s largest smelter ex-China, launched its month-long Ramadan Safety, Health and Environment (SHE) Campaign (Responsible at all times). The campaign aims to furthering employees and contractors’ awareness on staying safe, healthy and productive during the Holy Month. “No matter the season or situation, our tailor-made awareness campaigns will always emphasise one main message ‘Safety First, Safety Always, Safety At All Times,” Alba’s CEO Ali Al Baqali said. “Through this year’s Ramadan SHE Campaign, we seek to encourage our employees and contractors’ workers to maintain healthy habits that will support their overall wellbeing throughout Ramadan. It is…

Gulf Aviation Academy (GAA), Bahrain-based high-quality aviation and logistics training institution, has recently partnered with YSS Aviation Academy, based at YDA Dalaman International Airport, Turkey which is operated by YDA in Turkey. An agreement was signed by the two parties for the provision of AVSEC and Ground Training courses, starting March. This partnership brings high quality training to the aviation industry in Turkey and Central Asia, additionally benefitting the Gulf region through the exchange of expertise. Setting common goals and sharing best practices, the partnership entails student exchanges and offers on-the-job training, on-site, classroom and online training. Delivered by industry…

In line with the Labour Fund’s (Tamkeen) new support programs, Tamkeen signed new strategic partnership agreements with Bahrain Islamic Bank, Khaleeji Commercial Bank, Al Baraka Islamic Bank, Kuwait Finance House, Ithmaar Bank, and Al Salam Bank to provide a comprehensive range of financing solutions for private sector enterprises. The signings are an addition to previously announced strategic partnership agreements with Bahrain Development Bank and Ahli United Bank. These partnerships provide enterprises with the necessary capital to fuel their development and growth locally and internationally. Tamkeen’s 2021-2025 strategy aims to deliver higher impact for the economy in alignment with national economic priorities and…

Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The news sent Twitter shares soaring about 25% in pre-market trading. The Tesla founder bought 73,486,938 Twitter shares on 14 March, according to the Securities and Exchange Commission. The stake is worth $2.89bn (£2.20bn), based on Twitter’s closing price on Friday. The stake makes him one of the largest shareholders in the company and is more than four times the 2.25% holding of Twitter founder Jack Dorsey. Musk is a regular Twitter user with more than 80 million followers, although recently he said he is…