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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 South Korea seek to bolster economic, parliamentary ties

Officials from Bahrain and South Korea hold talks in Manama. (BNA)
  • The two sides looked to boost partnership in order to benefit the two countries and contribute to consolidating security, stability, economic growth in the MENA region
  • The South Korean official underscored the deep friendship between the two countries, noting the steady growth of bilateral ties at the political, economic, and parliamentary level

Manama, Bahrain–Bahrain and South Korea have reviewed ways to enhance diplomatic, economic and parliamentary cooperation and partnership to benefit the two countries.

In this connection, Dr. Shaikh Abdulla bin Ahmed Al Khalifa, Political Affairs Undersecretary at the Foreign Affairs Ministry, has affirmed the keenness of Kingdom of Bahrain, under the leadership of King Hamad bin Isa Al Khalifa, to strengthen its cooperation and friendship with the Republic of Korea, in accordance with the provisions of Royal Decree (60) of 2023 on establishing a Bahraini diplomatic mission in Seoul, and by activating the joint agreements to achieve common interests.

While receiving Kwon Eun-hee, the Chairperson of the Korean-Bahraini Friendship Group at the South Korean National Assembly, and her accompanying delegation, the undersecretary reviewed ways of strengthening joint diplomatic, economic and parliamentary cooperation and partnership, to benefit the two countries and contribute to consolidating security, stability, economic growth and peaceful coexistence in the Middle East and the world.

Kwon Eun-hee appreciated the existing solid cooperation and friendship relations between the two countries, hailing the steady growth of bilateral ties at the political, economic, social and parliamentary levels.

She wished the democratic and development process of Bahrain and its people continued progress.