
17 Bahraini Companies to Expand into the Saudi Market through Tamkeen's Overseas Expansion Program in Partnership with AstroLabs
Tamkeen continues to offer a range of programs and initiatives that are designed in line with labor market needs and is driven by its strategic priorities and support initiatives which include employment support, career development support and enterprise support programs.
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Daily Tribune
5 hours ago
- Daily Tribune
Bahrain to Host Middle East Oil, Gas, and Geosciences Conference
Under the patronage of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, the Kingdom of Bahrain will host the Middle East Oil, Gas, and Geosciences Conference and Exhibition (MEOS & GEO) from September 16 to 18 at the Bahrain International Exhibition & Convention Centre. The event will be held under the theme: 'Energy for a Prosperous Future: Leading a Sustainable Tomorrow.' On this occasion, Dr. Mohammed bin Mubarak bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs, highlighted Bahrain's commitment, led by His Majesty King Hamad bin Isa Al Khalifa and guided by the Crown Prince, to advancing a sustainable and diversified energy sector. He emphasized that Bahrain continues to implement initiatives and projects that support sustainable development and strengthen the Kingdom's position as a regional hub for clean and renewable energy. Dr. Daina also noted that the conference, established in 1979, has become a key platform for regional and international cooperation in energy and geosciences. Its continuity over four decades underscores its status as a global venue for knowledge sharing and dialogue among specialists, engineers, and technicians from national, regional, and international oil companies. He added that Bahrain's hosting of this major event reflects its ongoing commitment to innovation, capacity building, and the transition toward sustainable energy and a low-carbon economy. Mohammed Ibrahim, Managing Director of Informa Markets, which organizes the event, said the committees from global companies are preparing programs and activities that highlight the conference's importance. He praised the continuous support of the Ministry of Oil and Environment in ensuring the event's success in Bahrain. The conference will address key challenges facing the energy sector amid global shifts toward sustainability and clean energy. Discussions will focus on advanced technical solutions in areas such as artificial intelligence, digital transformation, green hydrogen, petroleum geology, reservoir engineering, and resource extraction technologies. Organized by Informa Markets in coordination with the Ministry of Oil and Environment, and in collaboration with the Society of Petroleum Engineers, the Society of Exploration Geophysicists, the European Association of Geoscientists, and the American Association of Petroleum Geologists, the event is also supported by several Bahraini, Gulf, and international companies. The conference program includes keynote sessions, technical papers, and an exhibition spanning over 18,000 square meters, showcasing hundreds of global companies and the latest exploration and production technologies. Attendees will also have access to live laboratories, interactive electronic poster areas, a dedicated platform for startups, digitization zones, truck and transport solutions displays, and programs for young professionals and students aimed at inspiring the next generation of oil and gas specialists.


Daily Tribune
5 hours ago
- Daily Tribune
Hajj package prices to soar 20% as new tent rules drive up costs
TDT | Manama Bahraini pilgrims who hoped for more affordable Hajj packages are instead confronting a steep price shock, as campaigns confirmed that 2026 packages will cost up to 20 percent more. The increase comes after last year's unexpected losses, with organisers citing higher operational expenses, particularly new requirements for tents in Arafat and Mina. Rising costs The reversal from earlier savings hopes to rising costs is striking. Campaign operators, who declined to be named, said expenses linked to new service standards had forced them to increase prices by BD200 to BD250. The adjustment translates into a 15 to 20 percent rise across most packages. A source added that the hikes are seen as necessary to prevent a repeat of last year's financial setbacks. Regulatory spotlight The Ministry of Justice, Islamic Affairs, and Endowments has already received 67 applications from Bahraini campaigns seeking approval to operate next season. A meeting between the operators and the Supreme Committee for Hajj and Umrah Affairs is expected in the coming weeks to review preparations. Dr. Ali Ameen Al-Rayyes, Director of Religious Affairs at the Ministry and Deputy Head of Bahrain's Hajj Mission, confirmed that new regulations will soon take effect. The rules will prevent campaigns from advertising packages or prices until they receive official approval. Transparency push Campaigns may still hold promotional exhibitions, but only if their content exactly matches the ministry-approved profile published online. Al-Rayyes stressed that the changes aim to build trust by ensuring pilgrims receive accurate and reliable information. The regulations will also prohibit free Hajj offers or competitions that promise packages, closing the door on misleading promotions. For pilgrims, the season ahead will bring clearer safeguards and stricter oversight, but it will also place a heavier burden on families already budgeting carefully for the spiritual journey of a lifetime.


Gulf Insider
a day ago
- Gulf Insider
Saudi Arabia Allows Non-Resident Foreigners To Use Digital ID To Buy Property
Saudi Arabia will allow non-Saudi, non-resident foreigners to purchase property in the Kingdom using a digital identification system, following a Cabinet decision approved last week. The measure authorises the General Real Estate Authority, in coordination with the Ministry of Interior, the Saudi Data and Artificial Intelligence Authority, the National Information Centre and other relevant agencies, to develop mechanisms for activating the digital ID ahead of the rollout of the Non-Saudi Real Estate Ownership Law. The Cabinet also endorsed a governance framework for non-Saudi property ownership and usufruct rights, as recommended by the Strategic Committee of the Council of Economic and Development Affairs. This includes the formation of a specialised committee within the authority's board to oversee the sector. As part of the changes, the General Real Estate Authority's board has been restructured, with its chief executive now serving as chairman, alongside members from several ministries and three representatives from the private sector. The new ownership law, approved in July, will take effect in January 2026. In August, the authority issued draft executive regulations requiring non-resident foreigners to obtain and activate a digital ID through the government's Absher platform, open a Saudi bank account, and secure a local contact number before acquiring or using property in the Kingdom. The move aims to streamline transactions, strengthen regulatory oversight, and attract more foreign investment into Saudi Arabia's real estate market.