First Independent Mena Newspaper
Bahrain has reiterated its unwavering support for the Moroccanness of the Sahara and commended the efforts made by the North African Kingdom for achieving a realistic political solution to this regional issue, on the basis of UN Security Council resolutions. The supportive stand comes in a joint statement released Thursday in Manama following the 5th […]
The Speaker of the Bahraini Council of Representatives, Ahmed Salman Al Musallam, reiterated his country’s support to Morocco’s sovereignty over its southern provinces, as well as to its security and stability and announced his country’s plans to open a consulate in Dakhla after the one set up in Laayoune. This came during a meeting in […]
Israeli Foreign Minister Eli Cohen has announced that the next Abraham accords summit will be held in Morocco in March 2023. The U.S. had brokered in 2020 the Abraham Accords for the normalization of relations between Israel, Morocco, the UAE and Bahrain. The signatories pledge to strengthen peace in the Middle East and around the […]
Bahrain’s Al Baraka Group (ABG), one of the major Islamic banking and financing institutions, announced on Monday that it is exiting from two of its subsidiaries, Bank Al-Tamweel Wa Al-Inma (BTI) in Morocco and Itqan Capital, an investment company in Saudi Arabia. Its 43.6 pc stake in BTI will be sold to Moroccan Bank of […]
U.S. defense company L3Harris has announced a $29 million contract to provide smart weapon release systems to Morocco, Bahrain and Jordan, three allies of the United States. The L3Harris system gives F-16 pilots more firepower and expands their missions. The Bomb Release Unit (BRU)-57/A allows F-16s to carry two smart weapons on each system instead […]
The Qatar Investment Authority (QIA) deposited $1 billion at the Central Bank of Egypt (CBE) at the time the Gulf country was close to a deal to acquire a government stake in some of the major companies in the North African country, Asharq Business reports, citing informed sources. The funds, the sources told the media, […]
The International Monetary Fund, IMF, announced November 1 the re-election of Egypt’s ex-Minister of Investment, Mahmoud Mohieldine, as executive director and member of the board. Mohieldin represents a group of Arab states, namely Egypt, the UAE, Bahrain, Kuwait, Oman, Qatar, Jordan, Iraq, Lebanon, and Yemen, along with the Maldives. Following his re-election Mohieldin stressed that […]
U.S. Secretary of State Antony Blinken has hailed the “transformational changes” generated by the Abraham Accords brokered by the U.S. for the normalization of relations between Israel, Morocco, the UAE and Bahrain. In a press release issued Thursday by the State Department, Mr. Blinken said: “this week, we celebrate the two-year anniversary of the signing […]
Bahrain will launch its first 100 percent locally-built satellite by the end of December 2023, the commander of the royal court announced Sunday, Arab News reports. Sheikh Nasser bin Hamad Al-Khalifa indicated that a group of Bahraini youth who are qualified in the field of space science and technology will contribute to building the satellite. […]
Bahrain has launched its tendering process to award a 20-year contract for local or international bidders to build, own, operate, and maintain grid-tied solar photovoltaic (PV) power panels with a minimum capacity of 72 MWac in multiple premises located in Sakhir, south of the kingdom, Trade Arabia reports. The solar panels are to be built […]