Latest news with #Danat
Al Etihad
27-05-2025
- Business
- Al Etihad
Bahraini Minister of Information highlights evolving media ties with UAE
27 May 2025 22:10 DUBAI (WAM) Minister of Information of the Kingdom of Bahrain, Dr. Ramzan bin Abdulla Al Noaimi, affirmed the ongoing and deepening media cooperation between the UAE and Bahrain, underpinned by dynamic partnerships that reflect the strength of fraternal ties between the two to WAM on the sidelines of the second day of the Arab Media Summit, Al Noaimi said that continued engagement between media officials in both countries contributes to strengthening cooperation and advancing joint media initiatives. He also expressed anticipation for the announcement of new collaborative revealed that Bahrain is preparing to launch several media initiatives, including the second edition of the Al Dana Drama Award, scheduled for mid-next month, which will spotlight outstanding Gulf drama noted the significant progress witnessed in drama production across the Noaimi highlighted the growth of Emirati drama in recent years, which has become evident through the high quality of works participating in both Gulf and Arab festivals, including Danat. This, he said, reinforces the UAE's status as a prominent hub for artistic and media the Arab Media Summit, the minister said the event provides a vital platform that brings together leading media professionals and decision-makers from across the region to enhance Arab media integration and respond to digital transformation trends. He emphasised Bahrain's keenness to participate actively in events hosted by the UAE, recognising their substantial contribution to enriching dialogue and discourse.
Arabian Business
16-04-2025
- Business
- Arabian Business
Al Salam Bank announces details of its 2025 Danat Savings Scheme
Bahrain's Al Salam Bank is launching the 2025 Danat Savings Scheme, offering rewards and prizes of more than BD4 million ($10.6 million). The most rewarding edition in the scheme's history will have three grand prizes totalling BD3 million. These include two BD1 million prizes for two individual winners and a third BD1 million prize distributed among 10 winners, each receiving BD100,000 ($265,000). Al Salam Bank rewards The bank said the decision to distribute it to 10 winners was taken in response to client feedback requesting a wider distribution of the grand prizes. For the first time in the scheme's history, a monthly grand prize of BD100,000 ($265,000) will be awarded for one winner. It will also feature 50 monthly cash prizes of BD500, and 50 monthly youth prizes of BD200 for clients aged between 10 to 18 years. Mohammed Buhijji, Head of Retail Banking at Al Salam Bank, commented: 'We are launching the 2025 Danat Savings Scheme at an unprecedented scale, offering the largest prize pool in Bahrain across all savings programs in terms of grand prize value. This initiative is designed to foster a culture of saving and investment while creating real opportunities to transform the lives of our clients. 'We have further expanded our grand prizes – tripling the BD1 million to BD3 million. This year's scheme features a wide variety of prizes that cater to all segments, including youth and loyal Danat Plus clients, as part of our long-term commitment to relationships built on trust and appreciation.' Clients will receive one entry into the draw for every BD50 invested in Danat or Danat Plus account. Young clients will be eligible for the youth draws with every BD5 invested. A monthly loyalty prize of BD1,000 is also being awarded to one winner holding Danat Plus account, who will also enjoy the added benefit of bonus entries, which increases with the duration of their investment. Since its inception, the Danat Savings Scheme has had over 8,000 winners and total prizes exceeding BD15 million ($39.7 million). Among the grand prizes in the past, winners have received luxury villas, gold bars, and annual salary prizes reaching BD20,000 per month.
Trade Arabia
16-03-2025
- Business
- Trade Arabia
Sustainability Forum, Danat to discuss blue carbon ecosystems
Sustainability Forum Middle East (SFME), a regional platform dedicated to driving net zero and nature positive solutions, in collaboration with Bahrain Institute for Pearls & Gemstones (Danat), will host a high-level roundtable on on "Oceans at the Frontline: Harnessing Marine Ecosystems for Climate Action." To be held on April 15 in capital Manama, the event, a first in SFME's 2025 Decarbonisation Roundtable Series, will bring together leading experts and industry leaders who will explore the role of blue carbon ecosystems, sustainable pearling, and corporate marine conservation efforts in advancing climate resilience. Given the pivotal role oceans play in climate regulation and biodiversity conservation, discussions will focus on strategies for integrating marine ecosystem preservation into broader sustainability and climate action frameworks, said the organisers FinMark Communications. The event will feature a fireside chat with Iris Van der Veken, Executive Director & Secretary General of the Watch & Jewellery Initiative 2030 (WJI 2030), of which Danat is a member. In this session, Van der Veken will discuss the jewellery industry's commitment to sustainability and its role in conservation and climate action. WJI 2030, co-founded by Cartier and Kering in 2021, is a global initiative uniting watch and jewellery brands to commit to ambitious sustainability objectives, including building climate resilience, preserving resources, and fostering inclusiveness, they stated. Members of WJI 2030 include prominent brands such as Chanel Horlogerie Joaillerie, Montblanc, Rosy Blue, and Swarovski, reflecting the initiative's significant impact on promoting sustainable practices within the industry. In addition to the fireside chat, the event will also feature two panel discussions: *The first will focus on sustainable pearling as a nature-positive industry, examining how Bahrain's pearl oyster beds contribute to biodiversity and climate resilience, alongside efforts to document their carbon sequestration potential. *The second panel will explore the broader role of industry in marine conservation and sustainable coastal development, including how sectors such as shipping, aluminium, and coastal infrastructure are integrating ocean conservation into their environmental strategies. On the upcoming event, Laila Danesh, the Managing Director of FinMark Communications, said: "We are excited to launch our 2025 Decarbonisation Series by looking at the critical intersection of marine conservation and climate action in collaboration with Danat and with participation from the Watch & Jewellery Initiative 2030, which is working to drive sustainability across one of the world's most influential luxury industries." "Beyond the jewellery industry, the discussions will also explore the broader role that the industrial sector is playing in marine conservation and the very notable initiatives being undertaken by companies in Bahrain to integrate ocean sustainability into their ESG strategies as we work to balance economic development and environmental stewardship," stated Danesh. "The roundtable will provide a platform to explore how the protection of blue carbon ecosystems, sustainable pearling, and corporate environmental responsibility can align with regional and international sustainability and climate goals," he added. Danat CEO Noora Jamsheer said: "We are dedicated to advancing scientific research and driving awareness of the environmental role played by Bahrain's marine ecosystems, particularly the sustainability of pearl oyster beds and their significant contribution to blue carbon sequestration." "Our work, in collaboration with local and global partners, supports not only the conservation of these unique habitats but also strengthens Bahrain's leadership in sustainable pearling," observed Jamsheer. "Through our engagement with the Watch & Jewellery Initiative 2030, we are contributing to global efforts to build responsible and transparent supply chains, reinforcing the importance of ethical sourcing and marine biodiversity conservation in the jewellery industry," she stated. "This roundtable is a key opportunity to discuss how scientific research, industry best practices, and sustainability policies can help balance economic development with long-term marine ecosystem protection—both in the region and beyond," she added. SFME's Decarbonisation Roundtable Series takes place during the year in cities across region, taking an in-depth look at a diverse range of topics crucial to Mena's net-zero journey and broader sustainability goals.
Trade Arabia
16-03-2025
- Business
- Trade Arabia
SFME, Danat to convene marine ecosystem experts
Sustainability Forum Middle East (SFME), a regional platform dedicated to driving net zero and nature positive solutions, in collaboration with Danat – Bahrain Institute for Pearls & Gemstones, will host a high-level roundtable on April 15, 2025 in Manama on "Oceans at the Frontline: Harnessing Marine Ecosystems for Climate Action'. The first in SFME's 2025 Decarbonisation Roundtable Series, the event aims to bring together leading experts and industry leaders to explore the role of blue carbon ecosystems, sustainable pearling, and corporate marine conservation efforts in advancing climate resilience. Given the pivotal role oceans play in climate regulation and biodiversity conservation, discussions will focus on strategies for integrating marine ecosystem preservation into broader sustainability and climate action frameworks. The event will feature a fireside chat with Iris Van der Veken, Executive Director & Secretary General of the Watch & Jewellery Initiative 2030 (WJI 2030), of which Danat is a member. In this session, Van der Veken will discuss the jewellery industry's commitment to sustainability and its role in conservation and climate action. WJI 2030, co-founded by Cartier and Kering in 2021, is a global initiative uniting watch and jewellery brands to commit to ambitious sustainability objectives, including building climate resilience, preserving resources, and fostering inclusiveness. Members of WJI 2030 include prominent brands such as Chanel Horlogerie Joaillerie, Montblanc, Rosy Blue, and Swarovski, reflecting the initiative's significant impact on promoting sustainable practices within the industry. In addition to the fireside chat, the event will also feature two panel discussions: The first will focus on sustainable pearling as a nature-positive industry, examining how Bahrain's pearl oyster beds contribute to biodiversity and climate resilience, alongside efforts to document their carbon sequestration potential. The second panel will explore the broader role of industry in marine conservation and sustainable coastal development, including how sectors such as shipping, aluminium, and coastal infrastructure are integrating ocean conservation into their environmental strategies. Laila Danesh, Managing Director of FinMark Communications, the founders and organisers of Sustainability Forum Middle East, said, "We are excited to launch our 2025 Decarbonisation Series by looking at the critical intersection of marine conservation and climate action in collaboration with Danat and with participation from the Watch & Jewellery Initiative 2030, which is working to drive sustainability across one of the world's most influential luxury industries. Beyond the jewellery industry, the discussions will also explore the broader role that the industrial sector is also playing in marine conservation and the very notable initiatives being undertaken by companies in Bahrain to integrate ocean sustainability into their ESG strategies as we work to balance economic development and environmental stewardship. The roundtable will provide a platform to explore how the protection of blue carbon ecosystems, sustainable pearling, and corporate environmental responsibility can align with regional and international sustainability and climate goals.' Noora Jamsheer, CEO of Danat, added, "At Danat, we are dedicated to advancing scientific research and driving awareness of the environmental role played by Bahrain's marine ecosystems, particularly the sustainability of pearl oyster beds and their significant contribution to blue carbon sequestration. Our work, in collaboration with local and global partners, supports not only the conservation of these unique habitats but also strengthens Bahrain's leadership in sustainable pearling. Through our engagement with the Watch & Jewellery Initiative 2030, we are contributing to global efforts to build responsible and transparent supply chains, reinforcing the importance of ethical sourcing and marine biodiversity conservation in the jewellery industry. This roundtable is a key opportunity to discuss how scientific research, industry best practices, and sustainability policies can help balance economic development with long-term marine ecosystem protection—both in the region and beyond." SFME's Decarbonisation Roundtable Series takes place during the year in cities across region, taking an in-depth look at a diverse range of topics crucial to MENA's net-zero journey and broader sustainability goals. The Forum's mission is to foster dialogue and collaboration on decarbonisation initiatives in the region with its roundtables serving as platforms for stakeholders to exchange insights, explore opportunities, and drive meaningful collaboration for climate action on the part of the private sector. Supporting the Forum's annual calendar of events are the Supreme Council for Environment, Kingdom of Bahrain, Strategic Partners: National Bank of Bahrain and Standard Chartered Bank, Forum Partners: Bapco Energies, Aluminium Bahrain, Arab Shipbuilding and Repair Yard, American Chamber of Commerce Bahrain, Al Areen Holding, Benefit, Boston Consulting Group, Environment Arabia, First Motors, Foulath Holding, Gulf Air, Gulf International Bank, talabat, Forum Supporters: APM Terminals Bahrain and Sinnad, Learning Partner: Impact Learning and Development, and Media Partners: Asharq Business with Bloomberg, BFT Media, OGN, and Sustainable Finance Daily. -TradeArabia News Service
