Search Site

Trends banner

Qualcomm to Alphawave for $2.4 bn

The deal makes Alphawave the latest tech company to depart London.

Equinor signs $27 bn gas deal

The 10-year contract was signed with Centrica.

ADNOC Drilling secures $1.15bn contract

The contract for two jack-up rigs begins in the second quarter.

Etihad Q1 profit $187 million

This is a 30% YoY increase over Q1 2025.

Yalla Group Q1 revenue $83m

Net income rose to $36.4 million, a 17% YoY increase.

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.