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SAIB reports $139 million Q1 net profit

its assets increased by 20.08 percent to $43.65bn.

Nissan forecasts $5.3bn annual net loss

Last year, it announced 9,000 job cuts worldwide.

Saudia to acquire 20 wide-body aircraft

10 of these being acquired for its flydaeal low-cost airline

ADIB’s Q1 net profit $517 million

Q1 2025 net profit before tax increased 18% YoY.

Emirates Islamic Q1 profit $394m

The bank's profit crossed AED 1bn mark for the first time.

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)
By TRENDS Desk
November 26, 2023 12:47 pm
  • 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.

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