Search Site

Trends banner

Luberef net profit falls 7% in Q1

A fall in by-products sales leads to profit dip.

SABIC net loss $322 million

The company's net profit was $66m in Q1 2024

PureHealth posts $137m Q1 net profit

The Group's revenue increased 8 percent YoY.

Borouge Q1 net profit $281 million

The total dividend paid to shareholders in 2024 $1.3bn.

Emirates expects first 777X delivery in H2 2026

Boeing had pushed back the first delivery to 2026 from 2025.

Bahrain, UK sign MoU to preserve biodiversity and curb marine pollution

The MoU is designed to protect and monitor natural marine resources.
  • The agreement will enable the two countries to explore areas of cooperation in monitoring the environment, marine life, biodiversity and safety from pollution
  • Both Bahrain and the UK, under the terms of the MoU, will exchange scientific and technical information, visits, training, research and cooperative projects

London, UK–Bahrain and the United Kingdom have signed a memorandum of understanding (MoU) on biodiversity and marine pollution.

The MoU aims to create a framework of action between Bahrain’s Supreme Council for Environment (SCE) and Britain’s Cefas by allowing them to explore areas of cooperation in monitoring the environment, marine life, climate change sciences, marine food security, biodiversity and safety from pollution.

The agreement was signed by the Minister of Foreign Affairs, Dr Abdullatif bin Rashid Al-Zayani, on behalf of Oil and Environment Minister, Special Envoy for Climate Affairs, Dr. Mohammed bin Mubarak bin Daina, and Tim Green, the Deputy Chief Executive of UK-based Centre for Environment, Fisheries and Aquaculture Science (Cefas).   

Under the MoU, the two sides will also be able to exchange scientific and technical information, visits, training, research and cooperative projects, in addition to enhancing and developing the capabilities of their cadres and laboratories.

It will also help them to protect and monitor natural marine resources in the region, and to provide technical advice.

Commenting, Dr, Bin Daina affirmed the role played by the UK in protecting the environment at the global level.

He highlighted the robust long-standing Bahrain-UK relations, noting that the MoU reflects the two kingdoms’ keenness to step up their joint cooperation and coordination in the environmental field by providing a framework for action in the fields of monitoring the environment and marine life.