Latest news with #Kuwait-based
Daily Tribune
6 days ago
- Business
- Daily Tribune
Bahrain eyes Nigeria, Africa's largest economy
TDT | Manama Bahrain is deepening its outreach to Africa's largest economy, as the Bahrain Chamber signalled interest in boosting trade and investment ties with Nigeria during high-level talks on Sunday. Africa Strategy Chairman H.E. Sameer Nass received H.E. Murtala Jimoh, the Kuwait-based Charge d'Affaires of the Federal Republic of Nigeria accredited to Bahrain, for a meeting focused on bilateral trade, which reached $24.7 million in 2024. The discussion centred on expanding cooperation in sectors such as agriculture, agro-processing, and energy. Ambassador Jimoh suggested signing a Memorandum of Understanding (MoU) between the Bahrain Chamber and its Nigerian counterpart to facilitate direct links between entrepreneurs, business delegations, and investment forums. Chamber Role H.E. Nass highlighted the Chamber's role as a key enabler of Bahrain's economic diplomacy, noting that building ties with emerging economies like Nigeria is part of a broader vision to diversify trade partners and open up new global corridors for Bahraini businesses. H.E. reaffirmed the Chamber's commitment to working with both brotherly and friendly nations to strengthen private sector growth and global integration. Investment Potential H.E. Ambassador Jimoh, in turn, spoke about Nigeria's economic reforms and ongoing diversification, positioning the country as an appealing market for foreign investors from Bahrain. He expressed confidence that formal collaboration could unlock win-win opportunities. The meeting was also attended by Second Vice-Chairman Mohammed Al Kooheji, Vice-Treasurer Waleed Kanoo, and Board Member Youssuf Salahuddin. The Chamber is expected to explore next steps in formalising ties with Nigeria in the weeks ahead.
The Hindu
13-06-2025
- General
- The Hindu
Ahmedabad plane crash: Couple's long-awaited family reunion in the U.K. ends in tragedy
Ahmedabad-based Pinakin Shah and his wife Rupaben were looking forward to their journey to the United Kingdom, where their 30-year-old son, Rushab, had recently purchased a house in Glasgow and organised a housewarming ceremony. The trip was especially significant for the couple, as it also marked a rare opportunity to reunite with their daughter Janaki and her two daughters. Janaki, who lives in Kuwait, was to join them in the U.K., making it a rare occasion for the entire family to come together. However, those plans came to a tragic halt when the couple boarded the ill-fated London-bound Air India flight that crashed shortly after take-off from Ahmedabad on Thursday afternoon. The accident claimed 265 lives, including 241 passengers. Pinakin Shah, 62, was employed as a manager at a box manufacturing company in Ahmedabad, while 58-year-old Rupaben was a homemaker. Speaking to PTI, Utsav Shah, a relative, said, 'My uncles had gone to meet him [Pinakin] on Thursday morning. They greeted him [for his flight journey to London]. As most of them are old, they just met him but did not drop him at the airport.' The Shah couple were photographed smiling together outside the airport, moments before boarding the flight, he added. 'Rushab had bought a new house [in Glasgow]. The family was excited as his Kuwait-based sister Janaki and her two grandchildren were also going to be in the U.K. Since Rushab and Janaki resided in two different countries, the coming together of the entire family was a rare occurrence,' Mr. Utsav said. Following news of the crash, Janaki arrived in India on Thursday night and provided her DNA samples to assist in the identification process. Rushab arrived early on Friday. 'Rushab is traumatised and inconsolable. He is losing his senses because of the shock,' Mr. Utsav said.
CairoScene
03-06-2025
- Entertainment
- CairoScene
Egyptian Photographer Captures Qatar National Museum in Monochrome
Based in Kuwait, Thabet was announced as the winner of the 2nd prize in the architecture category at Paris Photo Awards. Kuwait-based Egyptian photographer Ahmed Thabet clinched the 2nd prize in the architecture category at Prix De La Photographie Paris by capturing the exterior of Qatar National Museum, which was designed by Ateliers Jean Nouvel. Finding solace in photography, Thabet - a pediatrician by profession - procured his first camera to capture the innocence of his child, and quickly grew an award-winning portfolio. The architectural marvel in Qatar, with its desert rose form, became one of the latest muses for Thabet's artistic vision. The Qatar National Museum, an elliptical circuit around a central court known as the 'Howsh', serves as a fusion of culture and climate in Qatar. Thabet's lens brings to life the shadows that dance around the museum's sand-coloured concrete cladding. Thabet's abstract monochrome photography transforms the museum's interlocking disks, varying curvatures and large openings into an architectural symphony. Transcending the mere representation of a building, the juxtaposition of light and shadow in the architecture - accentuated by the photography - invites the eye to journey through the design. The abstraction elevates the museum's architecture, offering a glimpse into the soul of this cultural gem.
Biz Bahrain
28-05-2025
- Business
- Biz Bahrain
GFH Capital Announces a Partnership with Al Tijaria in the GCC Logistics Sector
GFH Capital (GFHC), a KSA based Subsidiary of GFH Financial Group (GFH), a leading regional financial institution, has announced a strategic partnership with The Commercial Real Estate Company K.P.S.C. ('Al Tijaria'). Under the agreement, Al Tijaria, a prominent Kuwait-based real estate company will act as a technical advisory for one of GFHC's Logistics Funds and will gain exposure to the Group's growing investments and exposures in the warehousing and logistics sector across Saudi Arabia and the wider Gulf region. GFH Capital is delighted to work with Al-Tijaria as an experienced real estate company on this opportunity and is confident that this partnership will lead to developing a successful logistics platform regionally. This partnership underscores GFH Group's growing reputation in structuring and delivering investment opportunities to its partners. GFH Financial Group has significantly expanded its investments in the logistics sector, with an estimated exposure of approximately US$2 billion diversified across various logistics facilities, including cold storage, last-mile delivery hubs, and fulfillment centers, ensuring a diversified presence across the logistics value chain. Al Tijaria remains committed to enhancing performance and delivering strong results by creating new opportunities and diversifying income sources across KSA, the GCC, and international markets. With a proven track record of delivering landmark projects, the company continues to pursue sustainable growth, strengthen shareholder value, and reinforce its financial position. Through this collaboration, Al Tijaria leverages GFH's market expertise to capitalize on the growing opportunities within the logistics sector, further solidifying its strategic growth trajectory. Commenting on the partnership, Mr. Razi Al Murbati, CEO of GFH Capital, said, 'We are pleased to partner with Al Tijaria in this critical sector. It reflects the growing importance of logistics as a key driver of economic development in KSA and the wider Gulf and the strong opportunities this expansion is creating. This partnership aligns with our strategy to offer high-growth investments that deliver sustainable returns while also supporting regional development goals.' Eng. Abdulmutaleb Marafie, CEO of Al Tijaria, added: 'Foreseen partnership with GFH Capital provides us with unique access to the region's rapidly expanding logistics market. Together, we aim to develop state-of-the-art infrastructure and create value for the investors.' The collaboration reaffirms the commitment of both organizations to advancing logistics infrastructure, fostering innovation, and supporting the region's economic diversification goals.
Express Tribune
26-05-2025
- Business
- Express Tribune
Kuwait resumes visa access for Pakistanis
The Kuwaiti government officially resumed issuing a wide range of visas to Pakistani nationals, in a significant step towards bolstering bilateral relations and addressing critical labour needs, several media outlets in the Gulf region reported on Monday. UAE-based Gulf News quoted Pakistan's Ambassador to Kuwait, Dr Zaffar Iqbal, as announcing plans to bring 1,200 Pakistani nurses to Kuwait's healthcare sector, adding that an initial group of 125 nurses had reached the Gulf state last week. According to media reports, Kuwait stopped issuing visas to people holding passports of Pakistan, Iran, Syria and Afghanistan in 2011 because of security concerns. Now, it decided to allow work, family, visit, tourist and commercial visas to Pakistani citizens. The focal person of the Overseas Pakistanis Ministry welcomed Kuwait's decision, saying that the lifting of the visa ban would provide employment, trade and tourism opportunities to thousands of Pakistanis in Kuwait. He hoped Pakistan would earn valuable foreign exchange after this decision. According to Kuwait-based Arab Times, Ambassador Iqbal confirmed that Pakistani citizens had begun receiving approvals for various visa applications from this month that restored a vital channel for travel and employment between the two countries. Iqbal also told Arab News that Pakistan and Kuwait were in the final stages of signing a new labour memorandum of understanding (MoU), designed to streamline worker mobility and cooperation. "Some provisions are already being implemented ahead of the formal signing," he noted.
