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Business

Kuwait, Oman ink four MoUs for boosting cooperation

Kuwait and Oman on Monday hammered out four memoranda of understanding for furthering industrial, investment, economic and diplomatic cooperation.

The memos were signed on the sidelines of the Kuwaiti-Omani trade and investment forum held at the Kuwa…

The future is recycled: Alba’s EternAl for global markets

Manama, Aluminium Bahrain (Alba), one of the world’s largest aluminium smelters, has taken a groundbreaking step towards a greener future with the launch of EternAl, its low carbon aluminium product line with two initial variants: EternAl-30 and Etern…

Bahrain All Share Index marks 2,023.19 points

Manama, Bahrain All Share Index has closed at 2,023.19 points, marking a decrease of 7.07 points below the previous closing.

This decrease was due to the drop in the Communication Services Sector, Financial Sector and Material Sector.

Bahrain Islami…

Hyundai Motor beats Volkswagen in Jan.-March operating profit

Seoul, South Korea’s Hyundai Motor Group beat Volkswagen Group to rank second after Toyota Group in operating profit for the January-March period, their earnings data showed Sunday.

In the first three months, Hyundai Motor Group posted an operating p…

Seventh annual “Choose France Summit” kicks off Monday

The seventh “Choose France Summit”, an annual meeting for the International business community, will kick off Monday at Versailles Palace with the participation of more than 180 CEOs and foreign investors.

France hopes to promote its economic policie…

GCC’s comprehensive vision aims reduce reliance on oil

Secretary General of the Gulf Cooperation Council (GCC) Jassem Al-Budaiwi said that the comprehensive strategic vision for economic diversification aims to reduce the reliance on oil revenues and attract foreign direct investment.

The Secretariat Gen…

Bahrain finance min. meets Arab pears ahead of Manama summit

Bahraini Minister of Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa met his Saudi, Lebanese, Palestinian, and Sudanese counterparts in Manama on Saturday on the sidelines of the preparatory meetings of the Economic and Soci…