Haier Egypt, a subsidiary of Chinese home appliance giant Haier,, is seeking a $50 million investment to expand its production and increase exports, the company’s Egypt director, Ahmed El-Gendy, said on Monday.
El-Gendy made his remarks during a meet…
State Minister for Military Production Mohamed Salah el-din had a meeting on Tuesday 8/8/2024 with Water Resources and Irrigation Minister Hani Sweilem to discuss progress made so far to implement a number of water resources management projects.
Duri…
Petroleum and Mineral Resources Minister Karim Badawi ordered the formation of an advisory committee to increase the oilfield production and manage petroleum reservoirs.
The minister’s decision aims at achieving sustainability, improving efficiency a…
Manama, Aluminium Bahrain B.S.C. (Alba) (Ticker Code: ALBH), one of the world’s largest aluminium smelters, has reported a Profit of BD68.5 million (US$182.2 million) for the second quarter of 2024, up by 129.2% Year-over-Year (YoY), versus a Profit o…
Manama, Bahrain All Share Index has closed at 1,934.15 points, marking a decrease of 1.63 points below the previous closing.
This decrease was due to the drop in the communication services sector, the industrial sector and the material sector.
Bahra…