Latest news with #518
Zawya
13-03-2025
- Business
- Zawya
Bahrain Duty Free plans major global expansion
Bahrain Duty Free Shop Complex is exploring domestic and international expansion, chairman Abdulla Buhindi announced following the company's annual general assembly meeting. Mr Buhindi said the company is seeking additional space at Bahrain International Airport and is open to opportunities abroad, noting a minority stake in an Abu Dhabi project. He paid tribute to the late chairman Farouk Almoayyed, acknowledging his role in the company's establishment. The meeting, held at the Downtown Rotana Hotel, saw the election of a new 10-member board of directors for 2025-2028, comprising Mr Buhindi, Shaikh Khalid bin Ali Al Khalifa, Jehad Yousif Amin, Mohammed Farouk Almoayyed, Mohammed Al Khan, Amal Muhlis, Mohammed Al Sheikh, Ghassan Al Sabbagh, Shaikh Mohammed bin Ali Al Khalifa and Jalal Mohammed Jalal. Additionally, Mohammed Al Zain and Tariq Jassim Fakhro were elected as reserve members. Shareholders approved a 35 per cent cash dividend, equivalent to 35 fils per share, totalling BD4,979,518, to be paid by March 27, 2025. The meeting also approved the 2024 financial statements and the Corporate Governance Report. Discussions arose regarding increasing board members, but it was decided to address the appointment of an independent member at a separate meeting. The extraordinary general assembly approved amendments to authorised signatories, with the chairman and vice-chairman now authorised for all company matters. Previous proxies to the late Farouk Almoayyed were revoked. The assembly also approved revisions to the company's Articles and Memoranda of Association. Copyright 2022 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Yahoo
03-03-2025
- Automotive
- Yahoo
BMW Launches Historical Website Covering an 80-Year History
BMW has recording all its car models made between 1928 and 2008. The site is similar to previous historical projects done for and BMW's . Everything's here from rare oddballs to the brand's greatest hits. Heritage is a value every automaker has been known to brag about, but not too many put in the legwork to actually honor it. Not so BMW, which has just launched a public site that catalogs some 80 years of the company's history, from 1928 through to 2008. If you're a BMW fan, then yes, your favorite pick is in here, complete with photos and a short breakdown as to model features. And we do mean everything: for the E28 5-series, for instance, BMW has every trim level listed from the Euro-only, carburetor-equipped 518 to the mighty M5. The historic model overview represents a tremendous amount of research, but it's not unprecedented. BMW already has two similar historic catalogs, one for its Mini sub-brand, and one for its motorcycle division. Both of those are great fun to browse through, whether you want to look up the original price of pickup-truck Minis from the 1960s (about $550) or dig into the then-radical aerodynamics of the 1988 BMW K1. BMW's car history is broader than even its motorcycle past, and the new digital catalog has plenty of gems. For instance, were you aware than most models of the adorable three-wheeler Isetta were actually built in the U.K. as knock-down kits, which is why you might see one at your local British car show? Or you can scroll through every iteration of the E30 wagon (BMW calls this spec "Touring"), including the all-wheel-drive 325iX aimed at the skiing set. This is a worldwide catalog, so there's plenty of forbidden fruit to pore over, especially for the M fans in the audience. Dream about the last of the blister-fendered E30 M3s, the Evolution III, with its 2.5-liter four-cylinder screaming to 238 horsepower at 7000 rpm. Or check out the rarest-of-the-rare E34 M5 Touring Elekta, of which only 20 were built especially for the Italian market. In addition to diving in on specific favorites, the catalog charts BMWs history from the Dixi cars of the late 1920s, based on the Austin 7, right through to the E46 M3 and E39 M5. Both those last are considered perhaps the best of their breeds, but it's interesting to see lesser-known BMW models from the 1950s and late 1960s, before the Neue Klasse models arrived to herald the future of the brand. Whether you're a fan of BMW specifically, or just interested in automotive history generally, the new site is well worth a visit. Check it out: you might find a Bimmer you've never heard of before, or see where the roots of your current modern favorite first took hold. You Might Also Like Car and Driver's 10 Best Cars through the Decades How to Buy or Lease a New Car Lightning Lap Legends: Chevrolet Camaro vs. Ford Mustang!
