INSEAD Day 4 - 728x90

Borouge okays $656m dividend

The company said dividend reflects its resilience

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Bahrain pledges $1 million as aid for refugees fleeing Ukraine

The war in Ukraine has sent oil and gas prices soaring. Image/AFP
  • Ukrainians and people from other nationalities, without discrimination, will benefit from the relief, said Bahrain's Royal Humanitarian Foundation.
  • The relief is also in response to an urgent appeal from the United Nations and the Regional Refugee Response Plan.

Bahrain has pledged $1 million to provide relief aid and help meet the increasing humanitarian needs of refugees fleeing Ukraine.

Ukrainians and people from other nationalities, without discrimination, will benefit from the relief, the Royal Humanitarian Foundation (RHF) said as it announced its initiative, according to local media reports.

It is also in response to an urgent appeal from the United Nations and the Regional Refugee Response Plan in Ukraine.

RHF Secretary-General Mustafa Al Sayed said that it was agreed with the United Nations to provide Bahrain’s assistance to the refugees without discrimination as soon as possible.

Khalid Khalifa commended Bahrain’s initiative to support and assist refugees in consideration of their humanitarian situation, the reports said.

He stressed that the Kingdom is among the first countries to provide humanitarian support to all without discrimination.

UN Secretary-General Antonio Guterres had called for resources to meet the increasing humanitarian needs in Ukraine.

The flash appeal for Ukraine requires funds to meet the humanitarian needs of thousands of affected and displaced people.