Latest news with #BNA
Biz Bahrain
6 days ago
- Business
- Biz Bahrain
Bahrain, US and UK sign Comprehensive Security Integration and Prosperity Agreement (C-SIPA)
As part of the official visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to the United States of America, the Kingdom of Bahrain and the US signed the Comprehensive Security Integration and Prosperity Agreement (C-SIPA). The agreement was signed on behalf of Bahrain by Shaikh Abdullah bin Rashid Al Khalifa, Ambassador of the Kingdom of Bahrain to the United States; on behalf of the United States of America by Maura Namdar, Senior Official at the Bureau of Near Eastern Affairs at the US Department of State; and on behalf of the United Kingdom by Lucy Ferguson, Minister Counsellor for Foreign Policy, Security and Development at the British Embassy in Washington, D.C. Shaikh Abdullah bin Rashid said that the C-SIPA agreement sets the groundwork for building stronger security cooperation and supporting prosperity in the Middle East. He emphasised that the agreement embodies the vision of His Majesty King Hamad bin Isa Al Khalifa and His Excellency President Donald Trump of the United States of America, towards achieving peace, stability, and prosperity for the countries and peoples of the region and the world. The agreement further expresses the current regional reality, which aspires to peace, prosperity, development, and cooperation by establishing normal relations between all the countries of the region. The ambassador commended the efforts of HRH the Crown Prince and Prime Minister to strengthen cooperation between Bahrain and the United States. He highlighted His Royal Highness's ongoing commitment to building a solid and strategic partnership that serves the shared interests of both nations. The ambassador emphasised that these efforts not only support progress and prosperity in Bahrain and the United States, but also contribute positively to the well-being of people across the region and the wider international community. Shaikh Abdullah bin Rashid also commended the trilateral signing by Bahrain, the US, and the UK, on the accession of the UK to the C-SIPA agreement. He noted that the UK's accession represents a strategic milestone in consolidating regional security, stability, and prosperity and in enhancing international partnerships founded on common principles and values. The ambassador welcomed the UK's accession to the agreement, describing it as a multilateral framework that unites countries to strengthen regional security, enhance collective deterrence against external threats, and deepen cooperation in trade, science, and technology to enhance peace and prosperity in the Middle East. This shift from a bilateral to a multilateral agreement opens the door for other countries with shared goals to join. He expressed Bahrain's hope that more nations will become members, benefiting all citizens in the region and promoting broader cooperation, growth, and prosperity. BNA(R)
Reuters
16-07-2025
- Business
- Reuters
Bahrain, US firms sign $17 billion in deals to deepen economic ties, news agency BNA says
July 16 (Reuters) - Bahraini and U.S. companies signed a series of agreements worth approximately $17 billion, aimed at strengthening economic ties and advancing cooperation across key sectors, Bahrain's state news agency BNA reported on Wednesday. The deals span sectors such as aviation, technology, industry, and investment. Among the agreements, Cisco Systems (CSCO.O), opens new tab will provide digital solutions for Bahrain's government information and telecommunications infrastructure. Separately, plans were announced to establish an 800-kilometre (497-mile) multi-fiber submarine cable linking Bahrain, Saudi Arabia, Kuwait, and Iraq to global networks, according to BNA. Bahraini financial institutions and private-sector firms also announced plans to invest $10.7 billion in the United States, while sovereign wealth fund Mumtalakat signed deals with several U.S. companies to invest $2 billion in downstream aluminium projects, with a focus on job creation. The signing ceremony took place during Bahraini Prime Minister and Crown Prince Salman bin Hamad Al Khalifa's visit to Washington late on Tuesday. He emphasized that expanding cooperation with the United States could help create new economic opportunities through investment and collaboration. In 2023, Bahrain and the U.S. signed a security and economic agreement, and Bahrain continues to host the U.S. Navy's Fifth Fleet and the headquarters of the U.S. Naval Forces Central Command.
Barnama
16-07-2025
- Entertainment
- Barnama
Rasha Rizk And Blippi To Headline Bahrain Summer Toy Festival
MANAMA, July 16 (Bernama-BNA) -- The Bahrain Summer Toy Festival returns for its second season with an exciting line-up of entertainment, featuring celebrated artist Rasha Rizk and children's icon Blippi, Bahrain News Agency (BNA) reported. Organised by the Bahrain Tourism and Exhibitions Authority (BTEA), in cooperation with Beyon Al Dana Amphitheatre and Exhibition World Bahrain (EWB), the festival promises a dynamic blend of music, education, and interactive experiences for families across the Kingdom. Renowned for her iconic contributions to Spacetoon's musical legacy, Rasha Rizk will perform live on July 21 and 22. Her return follows the success of her appearance in the festival's inaugural edition, where her nostalgic repertoire captivated audiences.
The Sun
16-07-2025
- Business
- The Sun
Bahrain and US firms sign $17 billion deals to boost economic ties
BAHRAINI and U.S. companies signed a series of agreements worth approximately $17 billion, aimed at strengthening economic ties and advancing cooperation across key sectors, Bahrain's state news agency BNA reported on Wednesday. The deals span sectors such as aviation, technology, industry, and investment. Among the agreements, Cisco Systems will provide digital solutions for Bahrain's government information and telecommunications infrastructure. Separately, plans were announced to establish an 800-kilometre (497-mile) multi-fiber submarine cable linking Bahrain, Saudi Arabia, Kuwait, and Iraq to global networks, according to BNA. Bahraini financial institutions and private-sector firms also announced plans to invest $10.7 billion in the United States, while sovereign wealth fund Mumtalakat signed deals with several U.S. companies to invest $2 billion in downstream aluminium projects, with a focus on job creation. The signing ceremony took place during Bahraini Prime Minister and Crown Prince Salman bin Hamad Al Khalifa's visit to Washington late on Tuesday. He emphasized that expanding cooperation with the United States could help create new economic opportunities through investment and collaboration. In 2023, Bahrain and the U.S. signed a security and economic agreement, and Bahrain continues to host the U.S. Navy's Fifth Fleet and the headquarters of the U.S. Naval Forces Central Command. - Reuters
Biz Bahrain
16-07-2025
- Business
- Biz Bahrain
Unified Insurance Protection System for GCC citizens
The Social Insurance Organisation SIO announced that it has begun applying Article 12 of the Unified Insurance Protection System for GCC citizens working outside their home countries. This ensures continued insurance coverage under Law (68) of 2006. Employers must review their insurance status, settle any dues, and pay on time to avoid penalties, especially in Bahrain's private sector. An online workshop will be held soon to explain the changes, with details shared via official channels. BNA(R)
