NBB and INJAZ Bahrain Conclude Second Season of Entaliq
The National Bank of Bahrain (NBB), in partnership with INJAZ Bahrain, hosted the closing ceremony of the second season of the Entaliq with INJAZ Powered by NBB programme. The event brought together participants of the INJAZ Bahrain Company Programme, members of the INJAZ Board of Directors, VIP guests, representatives from contributing entities, and NBB mentors to celebrate the achievements of the young entrepreneurs who took part in this year's edition.Entaliq with INJAZ Powered by NBB provides aspiring entrepreneurs with structured mentorship, seed funding, and incubation opportunities. The attendees receive 20 hours of professional guidance and hands-on support to shape their business ideas into sustainable and growth-oriented startups. A rigorous selection process ensures that only the most dedicated teams progress, reinforcing the project's goal of fostering innovative enterprises with the potential for long-term success.Her Highness Sh. Hessa bint Khalifa Al Khalifa, INJAZ Bahrain Chairperson stated: 'Entaliq with INJAZ Powered by NBB is a powerful extension of the INJAZ Bahrain Company Programme, designed specifically to support our alumni as they take their entrepreneurial journey to the next level. It reflects our commitment to nurturing a sustainable pipeline of youth-led enterprises by providing continued mentorship, funding, and guidance beyond the classroom. We are proud to witness these young founders transform their student-led startups into scalable, impact-driven ventures. Our heartfelt thanks go to the National Bank of Bahrain for their continued partnership and support in bringing this programme to life. Together, we are enabling Bahrain's youth to turn their vision into reality and contribute meaningfully to the Kingdom's economic growth.'Commenting on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB, said: 'Entaliq reflects the strength of our partnership with INJAZ Bahrain and our shared commitment to nurturing young entrepreneurs. We have seen this talent grow from ambitious individuals into founders with structured plans, scalable ideas, and the mindset to lead. Such initiatives are vital to cultivating the creativity, resilience and value-oriented mindset that will accelerate the growth of our economy. We are proud to play a role in empowering Bahrain's youth and look forward to witnessing the continued progress of these ventures.'The closing ceremony also saw each team present their business progress and outline their future plans, demonstrating the tangible impact of the programme on their entrepreneurial development. Their work underscored Entaliq's goal of cultivating innovative solutions that respond to real-world challenges and contribute to national economic advancement.Certificates of completion were also distributed by Hana Sarwani, CEO of INJAZ Bahrain; Hisham Abu Alfateh, NBB's Chief Corporate Communications Officer and NBB Mentors: Walaa Abdulrahman, Dalal Al Kooheji and Ali Assiri, to the graduating participants in recognition of the dedication, learning, and collaboration they exhibited throughout the programme.
NBB remains committed to supporting initiatives that help young Bahrainis translate their aspirations into impact. Entaliq with INJAZ continues to stand as a testament to what is possible when opportunity meets preparation, and when institutions work together to invest in the country's future leaders.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Al Bawaba
5 hours ago
- Al Bawaba
NBB and INJAZ Bahrain Conclude Second Season of Entaliq
The National Bank of Bahrain (NBB), in partnership with INJAZ Bahrain, hosted the closing ceremony of the second season of the Entaliq with INJAZ Powered by NBB programme. The event brought together participants of the INJAZ Bahrain Company Programme, members of the INJAZ Board of Directors, VIP guests, representatives from contributing entities, and NBB mentors to celebrate the achievements of the young entrepreneurs who took part in this year's with INJAZ Powered by NBB provides aspiring entrepreneurs with structured mentorship, seed funding, and incubation opportunities. The attendees receive 20 hours of professional guidance and hands-on support to shape their business ideas into sustainable and growth-oriented startups. A rigorous selection process ensures that only the most dedicated teams progress, reinforcing the project's goal of fostering innovative enterprises with the potential for long-term Highness Sh. Hessa bint Khalifa Al Khalifa, INJAZ Bahrain Chairperson stated: 'Entaliq with INJAZ Powered by NBB is a powerful extension of the INJAZ Bahrain Company Programme, designed specifically to support our alumni as they take their entrepreneurial journey to the next level. It reflects our commitment to nurturing a sustainable pipeline of youth-led enterprises by providing continued mentorship, funding, and guidance beyond the classroom. We are proud to witness these young founders transform their student-led startups into scalable, impact-driven ventures. Our heartfelt thanks go to the National Bank of Bahrain for their continued partnership and support in bringing this programme to life. Together, we are enabling Bahrain's youth to turn their vision into reality and contribute meaningfully to the Kingdom's economic growth.'Commenting on the occasion, Usman Ahmed, Group Chief Executive Officer of NBB, said: 'Entaliq reflects the strength of our partnership with INJAZ Bahrain and our shared commitment to nurturing young entrepreneurs. We have seen this talent grow from ambitious individuals into founders with structured plans, scalable ideas, and the mindset to lead. Such initiatives are vital to cultivating the creativity, resilience and value-oriented mindset that will accelerate the growth of our economy. We are proud to play a role in empowering Bahrain's youth and look forward to witnessing the continued progress of these ventures.'The closing ceremony also saw each team present their business progress and outline their future plans, demonstrating the tangible impact of the programme on their entrepreneurial development. Their work underscored Entaliq's goal of cultivating innovative solutions that respond to real-world challenges and contribute to national economic of completion were also distributed by Hana Sarwani, CEO of INJAZ Bahrain; Hisham Abu Alfateh, NBB's Chief Corporate Communications Officer and NBB Mentors: Walaa Abdulrahman, Dalal Al Kooheji and Ali Assiri, to the graduating participants in recognition of the dedication, learning, and collaboration they exhibited throughout the programme. NBB remains committed to supporting initiatives that help young Bahrainis translate their aspirations into impact. Entaliq with INJAZ continues to stand as a testament to what is possible when opportunity meets preparation, and when institutions work together to invest in the country's future leaders.
Al Bawaba
3 days ago
- Al Bawaba
Dubai Investments' Glass Companies Record Strong Year-on-Year Growth
Dubai Investments, the leading diversified investment company listed on the Dubai Financial Market, has announced strong year-on-year growth across its glass manufacturing portfolio under Glass LLC, with total production surpassing 14.8 million square meters in 2024. This milestone reflects the company's sharp focus on innovation, sustainability, and expanding demand driven by regional mega projects. Glass LLC, a wholly owned subsidiary of Dubai Investments, consolidates the Group's glass-related operations and currently comprises three core entities: Emirates Glass (EG), Emirates Float Glass (EFG), and Saudi American Glass (SAG). With a strong regional footprint and vertically integrated capabilities, these companies cater to a wide spectrum of sectors including construction, architecture, energy, and transport. 'The glass sector is a cornerstone of Dubai Investments' industrial platform—driving significant growth and reinforcing the Group's leadership in the GCC's high-performance materials market. As the region advances through mega projects and places greater emphasis on sustainability, Dubai Investments glass businesses are well-positioned to lead through innovation and product excellence. Continuous investments in cutting-edge technologies are sharpening the Group's competitive edge, enabling it to meet evolving industry needs while laying a strong foundation for long-term market leadership,' said Abdulaziz Bin Yagub Al Serkal, CEO, Industrial Platform, Dubai Investments. Emirates Float Glass (EFG), the only glass manufacturer in the GCC offering a full portfolio of float glass products, achieved full production capacity in 2024, delivering over 12.6 million square meters of glass across five continents. EFG's offerings include Clear Glass, Body Tinted Glass, and Reflective Glass (both online and offline coatings), as well as Low-Emissivity (Low-E) Glass. EFG is the only ICV-certified glass manufacturer in the UAE and is listed in the Golden List by the Abu Dhabi Department of Economic Development—recognizing its substantial contribution to the national economy. As an active participant in the UAE's Projects of the 50 and the Abu Dhabi Local Content Program, EFG's high ICV score underscores its commitment to local manufacturing, services, and workforce development. Its inclusion in the Golden List, curated by the Industrial Development Bureau (IDB) and Department of Government Support (ADGS), reinforces its position as a preferred supplier for government procurement. Emirates Glass contributed over 1.3 million square meters, marking an 8% year-on-year increase, with monthly growth peaking at 28% in December. Aiming to grow its market share from 23% to 27%, EG ramped up production through newly installed jumbo glass processing lines—including cutting, seaming, tempering, and lamination. The company also increased Bullet Resistant Glass production by 15% and launched fire-rated glass certified by Intertek. Additionally, EG commissioned a high-precision Glass Digital Printing unit to meet rising demand for customized architectural solutions. Saudi American Glass (SAG) on the other hand, recorded a 13% year-on-year increase, producing over 927,000 square meters—its highest-ever annual output. A surge in demand for digitally printed architectural glass drove production up by over 48%, with a 57% increase forecasted for 2025. This growth is supported by SAG's new brand, Elite Vitrage, which focuses on artistic glass solutions for interior applications, aligning with evolving design trends and premium requirements. This robust growth across Glass LLC is underpinned by the region's infrastructure boom—particularly in Saudi Arabia and the UAE—and an accelerating shift toward sustainability and energy efficiency, leading to increased demand for solar control and low-E coated glass. The rising adoption of façade and curtain walling applications in high-rise and commercial developments continues to drive momentum. 'Together, the companies under Glass LLC export to over 35 countries, with key markets including the GCC, Africa, Europe, and Asia. Emirates Glass and SAG are seeing sustained demand for double-glazed, laminated, and custom-coated units, while Emirates Float Glass anchors the supply chain as one of the region's most technologically advanced float glass facilities', added Abdulaziz Bin Yagub Al Serkal. Looking ahead, Glass LLC is investing in automation, capacity expansion, and next-generation glass technologies—aligned with Saudi Arabia's Vision 2030 infrastructure roadmap and the UAE's Net Zero 2050 ambitions.
Al Bawaba
4 days ago
- Al Bawaba
Ericsson ranks highest in Frost Radar™ 5G Network Infrastructure Market Report for fifth consecutive year
Ericsson has been recognized as a forefront leader in Frost & Sullivan's "Frost Radar: 5G Network Infrastructure, 2025" report for the fifth year in a row. This recognition highlights Ericsson's commitment to innovation and growth, as well as its ability to meet the evolving needs of communications service providers (CSPs) and enterprises worldwide. Frost & Sullivan independently plotted the top 23 companies in the Frost Radar analysis among over 100 global participants. These companies lead or innovate in various segments of the market. The report highlights Ericsson's contributions to the 5G landscape, cementing its position as a key player in shaping the future of mobile technologies. For the past five years, the company's innovative solutions have been acknowledged in this independent analysis as the leading portfolio for 5G network infrastructure. Ericsson's comprehensive portfolio includes products and solutions covering traditional radio access network (RAN), open and virtual RAN, core and edge networks, and private networks. Frost & Sullivan anticipates a shift towards open and virtual RAN across the industry, and notes that Ericsson's foray into Open RAN solutions 'will help make this a reality, especially since its first few customers are large and influential CSPs.' The use of artificial intelligence (AI) to automate network offerings and promote network APIs further demonstrates Ericsson's innovative approach to mobile networks, according to the Frost Radar report. Per Narvinger, Executive Vice President and Head of Business Area Networks at Ericsson, says: "Our consistent top ranking in the Frost Radar report shows our dedication to innovation in a dynamic market. By focusing on customer-centric solutions and using advanced technologies like AI and intent-driven automation, we are enhancing network programmability. This enables differentiated connectivity and supports our customers in their journey toward autonomous networks.' 'Leading the global 5G network infrastructure market for five consecutive years is a remarkable achievement,' says Troy Morley, Senior Industry Analyst, Frost & Sullivan Information, Communications and Technologies. 'Ericsson has consistently outperformed traditional competitors and fended off emerging entrants in this challenging market. Despite its size, the market experiences fluctuations, with periods of growth and decline. Ericsson has adeptly navigated these complexities by evolving its portfolio, ensuring its own financial stability while maintaining its leadership position.' With customers in more than 175 countries, Ericsson has proven its ability to scale its innovations globally with 2G, 3G, 4G, and now 5G, according to the report, adding that Ericsson's dedication to research and development (R&D) – with 21.6 percent of its revenue invested in 2024 alone – shows its resolve to stay ahead in an ever-evolving industry. 'Moreover, the company's strategic adjustments and focus on profitability have positioned it for sustained growth and stability,' Morley says. The acquisitions of Cradlepoint in 2020 and Vonage in 2022 have expanded Ericsson's reach into the enterprise market, complementing its robust CSP and industry partner base. The Frost Radar report highlights the growth potential in private 4G and 5G networks, where Ericsson is well-positioned to collaborate with CSPs and industry partners to continue to lead the market in these enterprise opportunities. Additionally, as energy efficiency becomes increasingly critical, Ericsson has focused on designing hardware products that are smaller, lighter, and more energy-efficient, while also rolling out a number of software solutions to optimize network resources. The full range is available to meet the growing demand for sustainable technology. The Frost Radar measures growth rates in addition to absolute revenue and combines them with several other factors to measure companies' performance along the Growth Index. The Frost Radar measures innovation for each company by assessing its product portfolio, the scalability of its innovations, the efficacy of its R&D strategy, and several other factors.
