Latest news with #NoorbintAliAlkhulaif
Biz Bahrain
22-05-2025
- Business
- Biz Bahrain
Bahraini Delegation Participates in the Fortune Most Powerful Women Summit in Riyadh
An all-female delegation from the Kingdom of Bahrain, headed by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of the Bahrain Economic Development Board, participated today in the Fortune's Most Powerful Women International Summit held in Riyadh, Saudi Arabia. Convening under the theme 'New Era for Business: Partnering for Global Prosperity,' this marks Fortune's first international summit in the Middle East. The two-day summit brought together influential female business leaders from across the region and beyond to explore key forces shaping the global business landscape and, specifically, how the public and private sectors can partner to supercharge innovation and growth. In addition to H.E. Noor bint Ali Alkhulaif, the delegation includes Rana Ebrahim Faqihi, Chief Executive Officer of the National Bureau of Revenue; Sara Ahmed Buhejji, Chief Executive Officer of the Bahrain Tourism and Exhibitions Authority; and Hala Ali Yateem, Chairperson of the Board of Directors of the National Bank of Bahrain. During the event, H.E. Noor bint Ali Alkhulaif participated in a fireside chat titled 'MPW Spotlight: Bahrain's Path to Economic Transformation,' highlighting the Kingdom's achievements in economic growth and diversification, with focus on innovation, sustainability, and investment attraction. The session also discussed how Bahrain is building a strong environment for businesses to thrive, as well as efforts around developing a future-ready workforce. Hala Ali Yateem also participated in the panel discussion titled 'Driving Growth and Innovation in a Changing World' sharing her perspectives on navigating the evolving financial services landscape and the importance of consistently adapting to a rapidly shifting global economy. The participation of the all-female Bahraini delegation in this invitation-only conference exemplifies Bahrain's dedication to empowering women as key drivers of economic progress and innovative change. Bahrain is a global leader in closing the gender skills gap, with the Kingdom's ranking among the top five globally for girls outperforming boys in learning outcomes, according to the World Economic Forum and World Bank.
Daily Tribune
21-05-2025
- Business
- Daily Tribune
Bahrain Showcases Female Leadership at Fortune's Most Powerful Women International Summit in Saudi Arabia
Bahrain made a strong statement on global economic leadership and gender empowerment as an all-female delegation, led by Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (EDB), participated in the inaugural Fortune Most Powerful Women International Summit held in Saudi Arabia. Hosted under the theme "New Era for Business: Partnering for Global Prosperity," the two-day summit marked Fortune's first-ever international event in the Middle East. It brought together influential female leaders from across the region and the world to explore emerging trends in the global business landscape and foster collaboration between the public and private sectors. The Bahraini delegation also included prominent figures: Rana Ebrahim Faqihi, CEO of the National Bureau of Revenue; Sara Ahmed Buhejji, CEO of the Bahrain Tourism and Exhibitions Authority (BTEA); and Hala Ali Yateem, Chairperson of the Board of Directors at the National Bank of Bahrain (NBB). Minister Alkhulaif featured in a fireside chat titled 'MPW Spotlight: Bahrain's Path to Economic Transformation,' where she outlined the Kingdom's progress in economic diversification, sustainability, and innovation. She emphasized Bahrain's strategic initiatives to attract investment, build a resilient business ecosystem, and cultivate a future-ready workforce. In another session, Hala Yateem took part in a panel discussion, 'Driving Growth and Innovation in a Changing World,' where she discussed the dynamic challenges in financial services and the necessity of agility in a rapidly evolving global economy. Bahrain's presence at this invitation-only summit underscored its commitment to empowering women as leaders and changemakers in the economic sphere. The Kingdom continues to lead in closing the gender skills gap, ranking among the world's top five countries where girls outperform boys in educational outcomes, according to data from the World Economic Forum and the World Bank.
Biz Bahrain
09-05-2025
- Business
- Biz Bahrain
Bahrain Delegation Wraps up a Successful Visit to Malaysia
A delegation from the Kingdom of Bahrain, headed by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of the Bahrain Economic Development Board, and H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, successfully concluded a two-day strategic visit to Malaysia. The strategic visit aimed to deepen economic ties, foster investment opportunities, and explore collaboration between the two countries. The Bahraini delegation held fruitful discussions with prominent Malaysian officials across both days of the strategic visit, meeting with His Excellency Anwar Ibrahim, Prime Minister of Malaysia on the first day. On day two, the delegation held strategic ministerial meetings with Tengku Datuk Seri Zafrul Abdul Aziz, Investment, Trade, and Industry (MITI) Minister, wherein MITI is the main ministry in Malaysia that champions Malaysian industries' transformation as well as the development of investment and trade policies. MITI plays a vital role in developing the Malaysian economic landscape encouraging its transition to being driven by digitisation, advanced technology, and sustainability. The strategic visit additionally included a meeting with Datuk Ewon Benedick, Entrepreneur Development and Cooperatives (MECD) Minister. The Bahrain delegation's successful visit to Malaysia marks a significant milestone in strengthening bilateral relations. The discussions across both days highlighted shared opportunities as well as areas of collaboration and knowledge exchange across multiple priority sectors. This aligns with Team Bahrain's broader vision to attract international investment, foster innovation, and promote sustainable development. Both nations are committed to working together to unlock new opportunities, enhance economic cooperation, and build a sustainable future for all.
Daily Tribune
07-05-2025
- Business
- Daily Tribune
Strategic delegation meets Malaysian PM, key ministers
TDT| Manama A high-powered Bahraini delegation, co-led by His Excellency Abdulla bin Adel Fakhro, Minister of Industry and Commerce, and Her Excellency Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (EDB), has embarked on a strategic two-day visit to Malaysia aimed at bolstering bilateral economic ties and attracting investment. Supported by His Excellency Dr. Waleed Khalifa Al Manea, Bahrain's Ambassador to Malaysia, the visit underscores the island nation's ambition to position itself as a premier destination for international businesses seeking regional expansion. Key Engagements The delegation is holding meetings with Malaysian Prime Minister Anwar Ibrahim, Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Abdul Aziz, and Entrepreneur Development and Cooperatives Minister Datuk Ewon Benedick. They are also engaging with officials from the Malaysian Investment Development Authority (MIDA). A business networking dinner hosted by the Kuala Lumpur Business Club (KLBC) is part of the itinerary, aimed at showcasing Bahrain's investment potential across priority sectors including manufacturing, logistics, ICT, tourism, and financial services. Expanding Relations Bahrain and Malaysia recently celebrated 50 years of diplomatic relations. This visit follows a series of high-level exchanges and agreements aimed at enhancing economic, cultural and scientific cooperation between the two nations. The mission is part of 'Team Bahrain' strategy to diversify economic partnerships and generate sustainable job creation by attracting foreign direct investment.
Biz Bahrain
29-04-2025
- Business
- Biz Bahrain
A Bahraini Delegation Heads to Italy to Promote Investment Opportunities
A delegation from the Kingdom of Bahrain, led by HE. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, has commenced a three-day strategic visit to Italy. Featuring a series of curated business events, as well as official and private sector meetings, the visit aims to strengthen economic and trade ties between Bahrain and Italy. During the multi-city visit, which includes Rome, Parma and Milan, the official delegation is expected to highlight Bahrain's diverse investment offering across priority sectors, included financial services, ICT manufacturing, logistics and tourism. Bahrain's delegation also includes H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of the Bahrain Economic Development Board (Bahrain EDB); H.E. Khalid Humaidan, Governor of the Central Bank of Bahrain; H.E. Shaikh Abdulla bin Khalifa Al Khalifa, Chief Executive Officer of Mumtalakat; H.E. Hamad Al Mahmeed, Director General of the Prime Minister's Office; Mr. Ali AlMudaifa, Chief of Business Development at Bahrain EDB; Mohammed AlAlawi; Chief of Marketing and Communications at Bahrain EDB; Mr. Ugo Vincenzini, Advisor to the Chief Executive of Bahrain EDB and Mohamed AlMadani, Head of Manufacturing, Logistics and Transport at Bahrain EDB. This visit underscores Bahrain's strategic efforts to attract investment, fostering economic growth, and creating employment opportunities. It forms part of the Kingdom's broader strategic efforts to position the Kingdom as a competitive regional hub for international business, reaffirming Bahrain's commitment to strengthening its longstanding partnership with Italy and fostering mutually beneficial economic collaborations. Bahrain and Italy share a robust history of economic and trade ties that date back to 1973, where recent bilateral agreements include granting Italy partnership status for sea-to-air freight services. Trade between Bahrain and Italy has grown steadily over the past years, with overall non-oil trade reaching USD 775 million in 2024. Additionally, the two countries have signed two economic agreements relating to the protection of investments and equal treatment of anchorage and port taxes. Today, Bahrain is home to numerous Italian companies benefiting from the Kingdom's strategic value proposition. Notable recent examples include the Italian pasta producer Barilla's setting up an office in Bahrain to serve as the central hub to support the company's expansion plans into the MENA market. Additionally, the racing components manufacturer Racing Force expanded its Bahrain headquarters to double its production of Bell Racing helmets to meet growing demand globally. With its unparalleled regional and global market access, advanced digital infrastructure, and competitive operational costs, Bahrain presents investment opportunities for Italian businesses seeking to expand their footprint in the Middle East and beyond.
