Business

Industry Minister praises private sector initiatives

A new Lazer Car Wash branch has opened its door in the area of Arad, in the Governorate of Muharraq.The inauguration of the car service facility was held under the patronage of the Minister of Industry and Commerce Abdulla bin Adel Fakhro.Fakhro stres…

Business

Kuwait eyes greater economic ties with Arab nations – official

Kuwait is eager to propel its economic and trade relations with Arab countries to greater levels, an official said on Sunday, emphasizing the need to hold more pan-Arab gatherings to bring that goal to fruition.As part of these efforts, Kuwait was amo…

Business

Syrian, Iranian talks to develop cooperation in transport sector

Minister of Transport, Transport Minister Zouhair Khzeim, discussed with Deputy of Transport of the Ministry of Roads and Urban Development, Shahriar Efendizadeh ,the ways of developing the bilateral relations between the two countries, in the domain o…

Business

Oil Minister receives Chinese ambassador

Minister of Oil and Environment, Special Envoy for Climate Affairs, Dr. Mohammed bin Mubarak bin Daina, received Ambassador of the People‚Äôs Republic of China to the Kingdom of Bahrain, Ni Ruchi, and discussed with him promoting the investment opportuni…

Business

Iran hopes for stable oil markets

Iranian President Ebrahim Raisi expressed hope Saturday that the Organization of the Petroleum Exporting Countries (OPEC) would control instability and restore “calm at oil markets.” The Iranian presidency broadcast Raisi’s statement while receiving O…

Business

US, IMF discuss economy outlook

US Secretary of the Treasury Janet Yellen met Friday with International Monetary Fund (IMF) Managing Director Kristalina Georgieva to discuss this year’s Article IV consultation.A Treasury statement said Yellen reiterated the importance of frank and th…