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In a First, Bahraini Women Outnumber Men in CBB's Top New Roles
In a First, Bahraini Women Outnumber Men in CBB's Top New Roles

Daily Tribune

time3 days ago

  • Business
  • Daily Tribune

In a First, Bahraini Women Outnumber Men in CBB's Top New Roles

• CBB appoints women to top roles • Key regulatory posts secured • Gender shift at CBB top You Know What: In 2023, only 17.4% of department director positions in Bahrain's financial institutions were held by women, making CBB's latest appointments a significant step forward. Mahir Haneef TDT| Manama As Bahrain's financial regulator embarks on a new era of institutional reform, the Central Bank of Bahrain (CBB) has promoted seven Bahraini women to executive roles - surpassing the number of men appointed in the same leadership reshuffle. The move reflects a notable gender shift in one of the Kingdom's most traditionally male-dominated sectors. The 13 executive promotions, effective from July 1st, follow the CBB's adoption of a new organisational structure aimed at enhancing sector governance and operational clarity. In a region where female representation at the top of financial institutions remains limited, the CBB's latest appointments mark a rare instance of women outnumbering men in a high-level leadership round. Critical leadership roles While men will still head the two most senior divisions - Capital Markets & Investment Supervision and Banking & Credit Institutions Supervision - women have secured several of the most strategically significant positions, with direct influence on Bahrain's regulatory, monetary, and fiscal frameworks. Afaf Khalifa Khalfan will oversee the Monetary Operations & Government Debt Management Directorate, a role vital to managing liquidity and sovereign credit. Fatema Hasan Akhtarzada is set to lead Licensing & Regulatory Policy, shaping market-entry norms and institutional compliance. Meanwhile, Sara Khaled Qaed will head the Anti-Financial Crime Directorate, a position at the frontline of Bahrain's AML and global financial integrity efforts. These three designations place women at the helm of functions that are not only revenue-impacting but also central to Bahrain's financial credibility on the world stage. Local talent spotlight His Excellency Khalid Humaidan, Governor of the Central Bank of Bahrain, said the appointments are part of a wider push to empower Bahraini talent and institutional capacity. 'We at the CBB are committed to empowering qualified national talents shaping the future of the financial services sector,' he stated. He added that the promotions support the CBB's new structure and reinforce its goals to strengthen stability and develop strategic capabilities across key areas of the sector. Mohamed A. Karim, Executive Director of Corporate Services at the CBB, noted the strong credentials of the promoted team. 'Through our confidence in their capabilities, we look forward to commencing this next phase of development through their years of leadership and expertise,' he said. Gender representation improves Alongside the three women promoted into critical regulatory roles, four others will take up leadership of directorates such as Human Resources, Communications & International Relations, Capital Markets Inspections, and Retail Banking Supervision. These appointments round out a leadership cohort that reflects both growing inclusivity and strategic focus. The remaining promoted officials include Mohamed Mahmood Shamsi (Consumer Protection), Mohamed Ahmed Al Sulaiti (Cyber-Security), and Nabeel Mohammed Juma (Supervision Technology), among others. With the gender balance tilted for the first time in favour of women - especially in policy-shaping roles - the CBB's move signals not just an internal reshuffle but a broader step towards more inclusive financial governance. The new structure and appointments will take effect from the beginning of July.

Bahrain's Distracted Driving Crisis: Court Links Phone Use to Fatal Accident, Orders Compensation
Bahrain's Distracted Driving Crisis: Court Links Phone Use to Fatal Accident, Orders Compensation

Daily Tribune

time10-06-2025

  • Daily Tribune

Bahrain's Distracted Driving Crisis: Court Links Phone Use to Fatal Accident, Orders Compensation

• Victim was crossing road • Driver distracted by phone • Court orders compensation for family You Know What: In Bahrain, using a mobile phone while driving is punishable by fines or suspension under Article 39 of the Traffic Law, but enforcement is limited and violations remain common, especially in residential zones. Mahir Haneef TDT | Manama An Indian expatriate who was struck and killed while crossing a street in Nuwaidrat has become a painful reminder of Bahrain's ongoing struggle with distracted driving. A court in Bahrain has confirmed that the driver who caused the fatal accident was using his mobile phone at the time of the collision. The incident took place on October 2, 2023. Mani V.V., 50, was crossing Road 4303 near an intersection when he was hit by a vehicle driven by a Bahraini national. He died three days later, on October 5 th, from head injuries. His family, including mother Santha V.V. and siblings Sasi, Ramesan, and Mini, filed a civil case seeking compensation. Driver distracted According to the cour'ts ruling, the driver had been using his phone while approaching the intersection and failed to notice the pedestrian in time. The court found him guilty of negligence and confirmed that his actions had directly caused Mani's death. The court cited the criminal case in relation to the incident, in which the driver was convicted and sentenced to six months in prison with licence suspension. He was later granted a pardon but the civil case proceeded independently. Despite the driver's release, the court held both him and his insurance company jointly liable for damages. Public concern Mani's death and the court's findings have stirred renewed concern about the widespread use of mobile phones by drivers in Bahrain. Although Article 39 of the Traffic Law bans hand-held phone use while driving, violations are common. On most days, drivers can be seen texting or taking calls even near schools, roundabouts, and residential zones, with little to no visible deterrent. The pattern of distracted driving has become a routine part of road behaviour, often overlooked unless it leads to a tragedy. This case stands out as one of the few where the courts have clearly linked such behaviour to a fatal outcome. Compensation ordered The court awarded BD 4,000 to Mani's mother and BD 500 each to his three siblings, acknowledging the emotional and moral damage caused by the loss. Although the family could not prove continuous financial support, the ruling recognised their grief and the lost hope of future care. In a letter shared with Indian authorities, the family expressed gratitude to lawyer Bushra Mayoof and the Pravasi Legal Cell for reviving a case that was initially dismissed. They also thanked the Indian Embassy and Kerala's Chief Minister for diplomatic and moral support during the ordeal. Systemic issue The case is significant not only for its compensation ruling but also for its documentation of distracted driving as the confirmed cause of death, which is rare in Bahrain's courts. Legal observers say this highlights how casual recklessness on the roads, especially involving mobile phone use, continues to pose risks to pedestrian safety and public life. It also signals a slow but steady move towards greater legal accountability.

Learning Is National Investment: HH Shaikh Mohammed
Learning Is National Investment: HH Shaikh Mohammed

Daily Tribune

time29-05-2025

  • Business
  • Daily Tribune

Learning Is National Investment: HH Shaikh Mohammed

• Investment in education stressed • Bayan School history preserved • Private sector role praised You Know What: Established in 1982, Bahrain Bayan School is the Kingdom's first national, non-profit, bilingual private school. Mahir Haneef TDT| Manama His Highness Shaikh Mohammed bin Salman bin Hamad Al Khalifa has stressed that education must remain a top priority for national investment and innovation, calling it vital to building a brighter and more prosperous future. HH made the remarks on Wednesday while inaugurating the 'Nassiyat Al Elm' project at Bahrain Bayan School, a new initiative under his patronage that seeks to document and preserve the Kingdom's private education heritage. Legacy meets vision HH Shaikh Mohammed said Bahrain's leadership, under His Majesty King Hamad bin Isa Al Khalifa and the directives of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, places education at the centre of national development. HH highlighted the role of innovation and empowerment in equipping Bahrainis for success and praised the national workforce and private schools for their contribution to advancing the sector and shaping future generations. Bayan School honoured Founded in 1982, Bahrain Bayan School stands as a pioneering national, non-profit bilingual institution. The new project, launched on its campus, features an archive of historical documents and photographs chronicling the evolution of private education in Bahrain. HH Shaikh Mohammed toured the exhibition and commended its role in preserving the Kingdom's academic legacy for future generations. HH also praised Her Excellency Dr Shaikha May bint Sulaiman Al-Otaibi, the school's Founder and Executive Chairperson, for her leadership in raising educational standards. Support recognised HE Dr Al-Otaibi described the archive as an essential academic and cultural reference, enabling students and researchers to engage with the story of Bahrain's educational development. She thanked HH Shaikh Mohammed for his patronage and acknowledged the sponsors - National Bank of Bahrain, Al Salam Bank, GFH Financial Group, and Khaleeji Commercial Bank -for their critical support. The archive will be accessible to the public and is expected to enhance the national education landscape as a valuable long-term resource.

Beneath Bare Feet, Mecca Engineers Mercy
Beneath Bare Feet, Mecca Engineers Mercy

Daily Tribune

time27-05-2025

  • Daily Tribune

Beneath Bare Feet, Mecca Engineers Mercy

Saudi expands white roads to cool pilgrims' path • 82% expansion in cooled roads • Walkways aid elderly, disabled • Trees, mist enhance comfort You Know What: During Hajj, ground temperatures in Mecca can exceed 60°C under direct sun, posing serious risks of heatstroke for barefoot or thinly-shod pilgrims. Mahir Haneef TDT| Manama Saudi Arabia has significantly expanded its cooled roads initiative in Mecca, offering critical relief to pilgrims as temperatures continue to rise across the region. The project, launched in 2023, has now grown by 82%, transforming over 84,000 square metres of pedestrian routes in Arafat using locally sourced, heat-reflective materials. These specially developed surfaces reduce road temperature by nearly 12°C and reflect up to 40% more sunlight in the early hours, helping mitigate the effects of urban heat islands while cutting down on energy use and pollution. Accessibility focus Eng. Saleh Al-Jasser, Saudi Minister of Transport and Logistics Services and Chairman of the Roads General Authority, inaugurated the upgraded stretch of the 'White Road' project, which includes new features aimed at enhancing mobility for individuals with disabilities. A 4,000-metre accessibility path leading to Mount Arafat was unveiled as part of the initiative. The path is surfaced with cooled materials designed to minimise vibrations, allowing easier navigation for wheelchair users and those with mobility challenges. Rubber roads, green corridor The expansion also includes a 33% increase in flexible rubber walkways, designed to soften the ground beneath pilgrims' feet. Extending from Namira Mosque to Arafat Train Station, the upgraded stretch brings the total rubber-paved area to 16,000 square metres. Testing by the Road Research Centre confirmed the material's safety and comfort, especially for elderly pilgrims. To further ease the journey, a green corridor project now lines a 1,200-metre stretch of the route with trees and shade. Cooling mist systems and water fountains, installed in collaboration with the Abdulrahman Fakieh Charitable Foundation, have been added to lower ambient temperatures and improve air quality. Global ranking goals The Roads General Authority aims to position Saudi Arabia among the top six countries globally in road quality by 2030. The Kingdom already leads in intercity connectivity with a network exceeding 73,000 kilometres and is working to reduce road fatalities to fewer than five per 100,000 people. The expanded initiative reflects Saudi Arabia's ongoing push to blend innovation, accessibility, and safety into its transport infrastructure, particularly during high-density pilgrimage seasons.

Bahrain backs ASEAN-GCC free trade push at summit
Bahrain backs ASEAN-GCC free trade push at summit

Daily Tribune

time27-05-2025

  • Business
  • Daily Tribune

Bahrain backs ASEAN-GCC free trade push at summit

• Bahrain pushes trade pact • GCC-ASEAN deal supported • Malaysia-GCC FTA welcomed You Know What: The GCC and ASEAN collectively represent nearly 10% of global GDP, making their trade partnership a rising force in global economics. Mahir Haneef TDT| Manama Bahrain has reiterated its support for stronger Gulf-Asian economic cooperation by backing the launch of talks for a GCC-ASEAN Free Trade Agreement, announced during the second ASEAN-GCC Summit held in Kuala Lumpur. His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, issued the call while representing His Majesty King Hamad bin Isa Al Khalifa at the high-level gathering, which brought together leaders and senior officials from both blocs. Trade priorities aligned HRH praised the signing of a joint statement that officially launched negotiations for a Malaysia-GCC Free Trade Agreement on Monday. The signing was witnessed by His Highness the Crown Prince of Kuwait and the Prime Minister of Malaysia, and was described by HRH as a milestone that sets the stage for broader regional integration. Reaffirming Bahrain's commitment to advancing collective prosperity, HRH said the proposed GCC-ASEAN FTA would provide a practical framework for strengthening economic and political ties while promoting coordinated action in a rapidly changing global environment. Shared goals and vision HRH also referenced the first GCC-ASEAN Strategic Dialogue held in Bahrain fifteen years ago, noting that what began as exploratory engagement has matured into a genuine strategic partnership. From food security and sustainable tourism to education and clean energy, HRH said the two regions are increasingly aligned in their approach to shared priorities. 'There is tangible progress and real momentum in our collaboration,' HRH noted, adding that this spirit of cooperation is key to turning challenges into long-term opportunities. Commitment to cooperation During the summit, HRH reaffirmed Bahrain's dedication to multilateralism and diplomacy, referencing HM King Hamad's call at last year's Arab Summit in Bahrain for an international peace conference on the Middle East. HRH concluded by emphasising the importance of people-to-people connections and cultural exchanges in building a resilient and forward-looking partnership. 'Through our people, we will build a future-ready alliance that delivers prosperity and peace,' HRH said.

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