Latest news with #ShaikhNasser
Daily Tribune
16-04-2025
- Business
- Daily Tribune
Bapco Energies Delivers Strategic Successes in Line with Bahrain Vision 2030
His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs and Chairman of the Board of Bapco Energies, praised the exceptional achievements of the integrated energy group during the first quarter of 2025. Bapco Energies continues to spearhead the transformation of Bahrain's energy sector, contributing significantly to the national economy and strengthening investment opportunities. Chairing the Board of Directors' meeting for Q1 2025, His Highness commended the group's efforts in building and managing a diversified portfolio of national energy companies aligned with Bahrain's Economic Vision 2030. The meeting included a comprehensive review of the progress made toward the strategic goals set at the beginning of the year. HH Shaikh Nasser highlighted the pivotal role played by the executive management in 2025, particularly in fostering strategic partnerships. Notably, the successful issuance of USD 1 billion in Sukuk with a 10-year maturity and a key agreement signed with EOG International, a U.S.-based company specializing in crude oil and natural gas exploration, marked major milestones for the group. The board also reviewed the consolidated financial statements for the fiscal year ending December 31, 2024. The results reflect the group's robust financial performance despite global economic challenges. Emphasis was placed on Bapco Energies' operational excellence and its vital role in reshaping Bahrain's energy landscape through centralized functions and streamlined core business operations. During the session, Group CEO Mr. Mark Thomas presented the executive report detailing Q1 accomplishments. The presentation included in-depth updates on the company's overall performance and ongoing major projects, such as the Bapco Modernization Program (BMP) and the latest developments in exploration and production activities led by Bapco Exploration & Production. Bapco Energies continues to position itself as a key player in advancing Bahrain's energy ambitions while ensuring sustainable and impactful contributions to the national economy.
Daily Tribune
11-03-2025
- General
- Daily Tribune
HM King Hamad Receives Shaikh Nasser and Royal Charity Foundation Officials
On March 10, 2025, His Majesty King Hamad bin Isa Al Khalifa, the Honorary President of the Royal Charity Foundation (RHF), received Shaikh Nasser bin Hamad Al Khalifa, the Representative of His Majesty the King for Humanitarian Work and Youth Affairs, along with other officials from the Royal Charity Foundation, and a group of children affiliated with the organization, at Al Sakhir Palace. During the meeting, Shaikh Nasser and RHF officials expressed their heartfelt gratitude to His Majesty for his continuous support and care for orphans, widows, and the general humanitarian work carried out by the foundation. The King was especially pleased to meet with the children, who are beneficiaries of the RHF's services, and praised the organization's ongoing efforts to improve their lives and future prospects. His Majesty King Hamad commended the Royal Charity Foundation's humanitarian efforts in supporting those in need both within Bahrain and globally. He praised the remarkable achievements of the foundation and its role in providing vital aid and services to orphans and widows, further enhancing the Kingdom's positive global reputation. Additionally, His Majesty emphasized that Bahrain's tradition of charity and humanitarian work is deeply rooted in the nation's culture and values, drawing from Islamic teachings and the spirit of unity and solidarity within Bahraini society. He extended his best wishes to the foundation, hoping it continues to develop its services and provide further support to those in need. Shaikh Ali bin Khalifa Al Khalifa, Secretary-General of RHF, conveyed his heartfelt thanks to the King, highlighting the organization's milestones and its recent Silver Jubilee celebrations. He expressed appreciation for the King's leadership and continued patronage of the foundation, which has helped enhance its mission of humanitarian work and support for Bahrain's citizens. Mariam Abdullah Al Ruwaihi, a student from the RHF, also shared touching words of gratitude, emphasizing the love and care the children receive from the foundation and His Majesty. She acknowledged the King's important role in shaping the future of the Kingdom and the positive impact of the foundation's work on their lives. In his closing remarks, Shaikh Nasser reaffirmed the RHF's commitment to empowering the children under its care and providing them with opportunities to contribute to Bahrain's development. He expressed deep appreciation for the King's attention to the well-being of the children and continued support for the foundation's mission.
