INSEAD Day 4 - 728x90

TECOM profit climbs

High occupancy across assets boosts earnings.

Emirates Stallions Q1 revenue up 11%

The rise helped by strong demand in real estate

ADNOC Distribution 2025 dividend $700m

The company had reported EBITDA of $1.17 bn in 2025.

Empower okays $119.1m H2 2025 dividend

The dividend is equivalent to 43.75% of paid-up capital.

Alujain widens 2025 loss

The increase in loss is due to impairment charges, weaker prices.

Bahrain and Russia look to boost economic cooperation

Bahrain's Minister of Oil, Mohammed bin Mubarak Bin Daina, meets with Russian officials in Manama. (BNA)
  • The Bahraini oil minister spoke highly of the Bahraini-Russian relations and their steady progress across various domains, including in the energy sector
  • The Russian official expressed his country’s keenness to further bolster its cooperation with the kingdom in various fields, wishing Bahrain further prosperity

Manama, Bahrain— Bahrain and Russia have held discussions to enhance cooperation in various fields of the two countries’ economies.

In this regard, Dr. Mohammed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs, met Roman Panov, the President of the Russian GEOTEK company, a leader in geological exploration. Johann Pleininger, Chief Executive Officer of Bapco Upstream, was also present in the meeting.

The minister affirmed the importance of further enhancing cooperation in the energy field with various countries to benefit from their expertise in modern technology and energy in various oil projects.

He commended the Bahraini-Russian relations and their steady progress across various domains, including in the energy sector.

President of GEOTEK expressed his country’s keenness to further bolster its cooperation with the kingdom in various fields, wishing Bahrain further progress and prosperity.