Business

Badawi Reviews Developments of Mining Companies in Egypt

Minister of Petroleum and Mineral Resources Karim Badawi has reviewed the business of some mining companies working in Egypt, including the Lotus Gold Mining Corporation and Capital Drill Company, and explored their plans for the coming period in addi…

CBB Treasury Bills oversubscribed by 176%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 176%.

The bills, carrying a maturity of 91 days, are issued by the Central Bank of Bahrain (CBB), on behalf of the Government of the Kingdom of Bahrain.
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TelePIX sends AI processor for satellites to space

Seoul, South Korea’s space startup TelePIX has sent an onboard artificial intelligence (AI) processor for satellites into space.

The processor, named TetraPLEX, was delivered on an Italian satellite aboard SpaceX’s Falcon 9 into orbit last Friday, a…