Category: Industry

Microsoft invests $1.5 billion in Abu Dhabi’s G42

Abu Dhabi, G42, the leading UAE-based artificial intelligence (AI) technology holding company, and Microsoft today announced a $1.5 billion strategic investment by Microsoft in G42.

The investment will strengthen the two companies’ collaboration in b…

EasyJet suspends all flights to Israel until October

Bethlehem Together – Low-cost company EasyJet announced today (Tuesday) that it has canceled all its flights to Israel until October 27.

The company’s announcement read: ‘As a result of the ongoing and evolving situation in Israel, easyJet has taken …

Bahrain All Share Index marks 2,040.09 points

Manama, Bahrain All Share Index has closed at 2,040.09 points, marking a decrease of 0.33 points below the previous closing.

This decrease was due to the drop in the Financial Sector and Real Estate Sector.

Bahrain Islamic Index has closed at 777.3…

CBB Treasury Bills oversubscribed by 111%

Manama, This week’s BD 70 million issue of Government Treasury Bills has been oversubscribed by 111%.

The bills, carrying maturity of 91 days, are issued by the CBB, on behalf of the Government of the Kingdom of Bahrain.

The issue date of the bills…

South Korea, Georgia discuss economic cooperation

Seoul, South Korea and Georgia kicked off another round of talks for a comprehensive economic partnership on trade and supply chains.

The two countries began a three-day session to discuss the envisioned Economic Partnership Agreement (EPA).

The tr…