Search Site

Trends banner

Oracle shares up 35%

Huge AI contracts lead to the surge.

ADCB to raise $1.66bn

The rights issue aimed at boosting growth.

EGA H1 revenue $4.11bn

Net profit before GAC $445 million.

Borouge to pay $660m H1 dividend

Its net profit for H1 was $474 million.

TAQA secures $2.31bn loan

It will be utilized in a phased manner.

Bahrain and EU hold discussions to ramp up ties in energy sector

Bahrain's Oil Minister Mohammed bin Mubarak Bin Daina and Christophe Varno, EU ambassador-designate to Bahrain. (BNA)
  • The Bahrani oil minister shared details with the envoy of the kingdom's oil projects and environmental initiatives aiming for zero neutrality by 2060
  • The EU ambassador applauded the kingdom's progress and development, pledging to continue promoting investment for both parties sides

Manama, Bahrain— Bahrain and the European Union (EU) have held discussions to boost cooperation in various domains, including the energy sector.

In this regard a meeting took place in Manama between Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs and Christophe Varno, European Union (EU) Ambassador-designate to Bahrain, residing in Riyadh.

The meeting discussed means of enhancing cooperation between Bahrain and the EU in various domains, including the energy sector. 

The Minister of Oil and Environment highlighted the kingdom’s oil projects and environmental initiatives aiming for zero neutrality by 2060, expressing hope for increased cooperation and coordination to achieve these goals.

Varno commended the kingdom’s progress and development, pledging to continue promoting investment and leveraging expertise to achieve economic goals for both parties.