Author: News Desk

Bahrain : Finance and National Economy Shaikh Salman bin Khalifa Al Khalifa  held a remote meeting with HSBC Bank Regional Chief Executive Officer for the Middle East and North Africa  (MENA) and Turkey s Stephen Moss  on the sidelines of the annual meetings of the International Monetary Fund and the World Bank. He highlighted the vital role played by financial and banking institutions which represent a vital sector in the Kingdom of Bahrain, stressing their contribution to creating investment opportunities. The minister stressed the importance of the financial and banking sector as well as its contributions to supporting financial development.…

Bahrain’s largest annual consumer exhibition will be held at the Bahrain International Exhibition and Convention Centre, Sanabis in December. Kingdom’s Autumn Fair attracts thousands of visitors annually, planning to  open its doors to shoppers from December 13 to 21, coinciding with Bahrain’s National Day celebrations .

Moscow :  Russia hit another record of daily coronavirus deaths Tuesday as the country struggled with a rapid surge of infections and lagging vaccination rates, but authorities have been adamant that there would be no new national lockdown. The government coronavirus task force reported 973 coronavirus deaths, the highest daily toll since the start of the pandemic. Russia has repeatedly hit record daily death tolls this month, and daily infections also have been hovering near all-time highs, with 28,190 new cases reported Tuesday. Despite the rapidly mounting toll, the Kremlin has ruled out a nationwide lockdown, delegating the power to…

Bahrain : National Guard Staff Director Major General Shaikh Abdulaziz bin Saud Al Khalifa patronized a graduation ceremony for one of the specialized courses for officers. The director of staff distributed certificates to the graduates and presented the National Guard shield to the outstanding officers. He affirmed the interest and full support of National Guard President His Highness General Shaikh Mohammed bin Isa Al Khalifa to develop the training system to the latest military technologies to perform national duties efficiently to meet the aspiration of His Majesty King Hamad bin Isa Al Khalifa, the Supreme Commander.

Dubai : The UAE cabinet, chaired by HH Shaikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister of the UAE and Ruler of Dubai, approved the UAE general budget for 2022- 2026, with total expenditures of AED290 billion and the UAE General Budget for the year 2022, with AED58.931 billion expenditures. At the session, held at EXPO 2020 Dubai, the cabinet also approved the new government strategic approach that serves as a framework to lay the foundations of work for the next 50 years. HH Shaikh Mohammed directed all government entities to adopt the new government strategic approach while…

WASHINGTON D.C.: G20 leaders holding a virtual summit on Afghanistan Tuesday are “laser-focused” on keeping the Taliban-ruled country from becoming a militant haven and on providing humanitarian aid, says a US readout on the meeting. Leaders of the world’s major economies including US President Joe Biden, joined by representatives of the United Nations and key intermediary Qatar, “discussed the critical need to maintain a laser-focus on our enduring counterterrorism efforts, including against threats from ISIS-K,” a White House statement said. It was referring to Daesh’s offshoot in the region, a bitter rival of the Taliban that has staged a series of deadly…

 Saudi Arabia seeks to attract foreign investment of more than $100 billion annually under a National Investment Strategy announced Monday as part of efforts to diversify the oil-dependent economy. The strategy is expected to raise annual foreign direct investment flows to 388 billion riyals ($103 billion) and increase annual domestic investment to 1.7 trillion riyals by 2030, the Saudi Press Agency said after Crown Prince Mohammed bin Salman, the kingdom’s de facto ruler, launched the initiative. SPA said it will be “a key enabler” of his Vision 2030 plan, announced in 2016 to diversify the economy of the world’s biggest…

A group of climate lawyers has urged the International Criminal Court (ICC) to investigate Brazilian President Jair Bolsonaro for his alleged attacks on the Amazon, which they say amount to “crimes against humanity.” Austrian not-for-profit AllRise filed a landmark complaint at the court in the Dutch city of The Hague on Tuesday. It argues that the actions of Bolsonaro and his administration are a “widespread attack on the Amazon, its dependents and its defenders that not only result in the persecution, murder and inhumane suffering in the region, but also upon the global population,” the group said in a statement. The 286-page filing…

MADRID (Sputnik) – The government of the Canary island of La Palma, where a volcanic eruption is ongoing, said on Tuesday that it has lifted the quarantine of the population in a number of settlements, imposed due to the likelihood of deteriorating air quality. “The improved air quality following the dissipation of smoke from industrial premises in the Callejon de la Gata industrial zone allows the restrictions in the areas El Paso and Los Llanos to be lifted from now on”, the island’s government said in a statement. On Monday, La Palma’s authorities instructed residents of El Paso and Los…

Bahrain : The Bahrain Chamber of Commerce and Industry (BCCI) honored the winners of Bahrain Food Excellence Award 2021 in its third edition, which is dedicated to food and drink products manufactured locally and sold within the Kingdom. The award consists of three categories: Organisations, Emerging Enterprises and Productive Families. Amalfi, Vedge Café, E momken won the award for each category respectively. BCCI Chairman Samir Nass affirmed the significance of the award in enhancing the food sector and attracting local and foreign investments, stressing the food industry’s importance in increasing food security in Bahrain. He affirmed the Kingdom’s keenness in…