Latest news with #BDB
Daily Tribune
6 days ago
- Business
- Daily Tribune
BIPA and BDB Celebrate Completion of Leadership Program to Empower Future Bahraini Leaders
SK The Institute of Public Administration (BIPA) continues to push forward its mission of developing national talent, as it concluded the third edition of its leadership program in collaboration with the Bahrain Development Bank (BDB). Dr. Shaikha Rana bint Isa bin Daij Al Khalifa, Director General of BIPA, praised the program as part of the institute's broader efforts to design and implement leadership development initiatives that align with institutional needs and global best practices. She emphasized that nurturing Bahraini professionals is key to advancing both institutional growth and national development. The program, tailored specifically for BDB employees, focused on building leadership capabilities and encouraging a culture of innovation and excellence. Participants engaged in intensive training sessions and interactive workshops covering leadership skills, project management, design thinking, and innovative problem-solving — all aimed at equipping them to lead change within their organizations. Dalal Al Qais, CEO of Bahrain Development Bank Group, expressed pride in the participants' accomplishments, highlighting the innovative projects and ideas developed during the program. She underscored that the partnership with BIPA is a cornerstone of the bank's strategy to strengthen leadership competencies and build a strong second line of future leaders. Echoing this, Hind Mahmood, BDB Group's Chief Human Resources Officer, stated that the program represents a significant step toward supporting a strong institutional culture by enhancing leadership skills across the bank. She reaffirmed the bank's commitment to investing in human capital, calling it a top priority and the foundation of long-term sustainability and excellence. BDB remains committed to fostering a culture of continuous learning and development, with the aim of boosting both personal and professional growth. This, the bank believes, will ultimately elevate performance standards, promote team spirit, and ensure better alignment across departments — all contributing to the bank's long-term vision and goals.
Biz Bahrain
6 days ago
- Business
- Biz Bahrain
BDB Named Among Al Bilad's Top 50 Bahraini Companies for 2025
Bahrain Development Bank (BDB), the Kingdom's leading institution dedicated to supporting small and medium-sized enterprises (SMEs), proudly announces its inclusion for the second consecutive year in Al Bilad Newspaper's list of the 'Top 50 Bahraini Companies' for 2025. This recognition reaffirms the Bank's commitment to excellence across its operations and institutional performance. The accolade reflects BDB's sustained contributions to advancing the Kingdom's entrepreneurial ecosystem by offering innovative financing solutions and empowerment opportunities to SME owners. It also stands as a testament to the dedication and professionalism of the Bank's employees, whose contributions continue to drive the organisation's growth and enhance its market position. Commenting on the achievement, Ms. Dalal Al Qais, Group Chief Executive Officer of BDB, stated, 'We are immensely grateful to Al Bilad for their continued trust in our institution, and honoured to be named among the Top 50 Bahraini Companies for the second year in a row. At BDB, we remain dedicated to serving our clients, shareholders, and stakeholders through innovative financial solutions and effective means of support, helping to strengthen the role of SMEs in fuelling Bahrain's economic development. This recognition affirms the impact of our work and reinforces our stature as a leading institution in the local financial sector.' Now in its fourth year, the 2025 edition of Al Bilad's Top 50 Bahraini Companies builds on the strong momentum of previous editions, which drew significant engagement from national companies, stakeholders, and industry leaders. The list recognises top-performing Bahraini companies for their strong results, meaningful contributions, and vital role in advancing the national economy.
Biz Bahrain
03-06-2025
- Business
- Biz Bahrain
Bahrain Development Bank Participates in INJAZ Bahrain 2025 Young Entrepreneurs Competition
Bahrain Development Bank (BDB) – the leading bank in supporting small and medium enterprises (SMEs) in the Kingdom of Bahrain, has announced its participation in the 17th edition of the INJAZ Bahrain 2025 Young Entrepreneurs Competition. Scheduled to take place on the 3rd and 4th of June at Crowne Plaza Hotel, the event underscores BDB's ongoing commitment to encouraging youth innovation and promoting an entrepreneurial mindset within the local community. Student teams from schools and universities across the Kingdom are expected to take part in this national platform. The competition offers an interactive educational experience that simulates the process of launching a start-up, providing young Bahrainis with a unique opportunity to develop entrepreneurial skills. Participants will undergo a comprehensive hands-on journey that includes product development, business planning, marketing, and resource management, culminating in presentations before a panel of expert judges from both the public and private sectors. Commenting on the occasion, Ali Al Aradi, Chief Banking Officer at Bahrain Development Bank, stated: 'At Bahrain Development Bank, we take pride in supporting initiatives that invest in the potential of our youth, offering them opportunities for creativity and growth. This competition serves as a living model of the entrepreneurial spirit deeply rooted in our community. Our participation reflects our belief in the power of nurturing promising ideas and turning them into impactful ventures. We also value our partnership with INJAZ Bahrain, which plays a pivotal role in shaping a new generation of leaders and innovators capable of driving the future of the national economy.' BDB's involvement in this initiative reinforces its dedication to empower the younger generation and help them to transform their ideas into real-world projects with meaningful economic and social impact. Ali Al Aradi will also serve as a member of the judging panel for INJAZ Bahrain 2025 Young Entrepreneurs Competition, highlighting the bank's executive-level support for initiatives aimed at building youth capabilities and preparing them to enter the business world with confidence and competence. This participation further underscores BDB's broader role in fostering human capital development and skill-building, in parallel with offering innovative financial solutions to small and medium enterprises. Through strategic collaborations such as this, BDB continues to strengthen its position as a financial institution that believes investing in human resources is key to achieving long-term sustainable economic growth.
Hindustan Times
01-06-2025
- Business
- Hindustan Times
MMRDA to give Godrej dedicated Metro access to its Vikhroli complex
MUMBAI: Godrej Enterprises, which has a large campus at Vikhroli East, has asked MMRDA to give it a dedicated access point from the Metro 4 railway which is expected to be completed by 2026. The company wants connectivity to this commercial campus near its hillside residential colony. Metro 4 connects Wadala with Kasarvadavali, and Metro 4A will further connect Kasarvadavali to Gaimukh. Metro 4 is almost 80 per cent complete and passes via Lal Bahadur Shastri Marg where the commercial-residential complex is. The complex also has its own dedicated subway which passes under the Central Railway corridor. 'The proposal of dedicated ingress and egress from the station on Metro Line 4 into the Godrej campus will significantly enhance daily connectivity for thousands of our workforce and enable smoother access for over 15 national and multinational companies operating within the campus,' said a Godrej Enterprise spokesperson. Godrej Enterprise sources said that MMRDA's policy on direct metro station connectivity to adjoining properties along the alignment would facilitate the adoption of technically feasible and sustainable urban planning solutions. 'The Metro integration policy of MMRDA is a great initiative and will help multiple companies, retail malls, and commercial districts along the metro alignment to thrive with ease in connectivity and commute,' said a source. 'This policy promotes sustainable urban growth by encouraging the use of public transport and reducing urban sprawl.' MMRDA commissioner Sanjay Mukherjee said that the conceptual plan had been approved subject to a deposition of ₹10 crore and 6% supervision charges. Mukherjee said the charges had not yet been deposited and the detailed design and drawings not yet submitted for MMRDA's approval. Last year, Bharat Diamond Bourse (BDB) in BKC had demanded direct connectivity from Metro 2B to its complex. The Metro 2B will run from D N Nagar and Mandale (off the Sion-Panvel road) when it is inaugurated. MMRDA had accepted the demand. With this, the bourse will be connected to the bullet train terminal at BKC, as Metro 2B and the bullet train terminal are also connected. However, BDB vice-president Mehul Shah said that MMRDA had asked for ₹10 crore for this, which they wanted waived. Spread over a 20-acre plot, BDB is home to around 2,500 small and large diamond traders' offices. Mantralaya and Vidhan Bhavan complex will also get exclusive access from the Metro 3 line connecting SEEPZ and Aarey.
The Sun
29-05-2025
- Business
- The Sun
Pelubang LRA construction work progressing smoothly
ALOR SETAR: The construction work of the Pelubang Water Treatment Plant (LRA) in Kubang Pasu is progressing smoothly, achieving an overall construction progress of 62.46 per cent, exceeding the scheduled target of 62.32 per cent. Bina Darulaman Bhd (BDB) group executive director Raja Shahreen Raja Othman said the progress of construction is 43 days ahead of the original schedule, assuring them that the LRA can be completed by the end of the year. 'In terms of construction progress, BDB needs to meet and adhere to the set timeline, so we hope that other stakeholders can also play their roles to ensure the construction work is completed on schedule. 'There are several big challenges that need to be overcome and these include land issues and permits as this project involves land ownership, roads and other properties. However, BDB is committed and we have sufficient resources to complete the LRA project,' he said at a press conference after the 30th BDB annual general meeting today. Previously, the Kedah Public Works, Natural Resources, Water Supply, Water Resources and Environment Committee chairman Mohamad Yusuf@Munir Zakaria had said that the Pelubang LRA had been granted an Extension Of Time (EOT) until Dec 21 due to several technical issues encountered earlier. Meanwhile, Raja Shahreen said the LRA structure is almost complete and only awaiting mechanical and electrical (M&E) works to be done, and once finished, it will significantly enhance the progress of the overall construction. 'If the M&E is installed and set up, then it can improve the progress level, possibly reaching up to 80 per cent... When it becomes operational, it can improve water supply access for residents in the Kubang Pasu and Alor Setar areas and resolve the frequent water issues in Kedah. 'If anyone wants BDB to be the contractor for projects that require rescue operations, we are ready and can provide the necessary resources to complete the relevant LRA,' he also said. Meanwhile, regarding the world's first international Islamic-inspired retirement village project, Aman Seterra Sanctuary, which is expected to be built in Kuala Temoyong, Langkawi next year, Raja Shahreen said they are in the process of submitting the project planning approval to the Langkawi Tourism City Municipal Council. The project, a collaboration between BDB through its wholly-owned subsidiary, Aman Lagenda Sdn Bhd, and Seterra Holdings Sdn Bhd, will be developed over an area of 12.42 acres (5.03 hectares), providing services to retirees and the elderly from around the world by integrating the concepts of independent living, assisted living and long-term care. In the meantime, he said for the financial year ending Dec 31, 2024, BDB recorded a pre-tax profit of RM4.51 million, with revenue of RM294.7 million compared to RM14.47 million and RM313.1 million respectively in 2023, but the company remains optimistic about long-term growth prospects.
