Latest news with #NasserbinHamadAlKhalifa
Daily Tribune
16 hours ago
- Business
- Daily Tribune
Bahrain ‘Guest of Honour' at St. Petersburg economic forum
His Highness Shaikh Nasser bin Hamad Al Khalifa, Representative of His Majesty the King for Humanitarian Work and Youth Affairs and Chairman of the Board of Directors of Bapco Energies, is leading the Kingdom of Bahrain's official delegation to the 28th St. Petersburg International Economic Forum (SPIEF 2025). The event is held in the Russian Federation from June 18 to 21, under the theme 'Shared Values: The Foundation of Growth in a Multipolar World'. Bahrain is participating as the official Guest of Honour at this year's forum. The delegation includes His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy; H.E. Aymen bin Tawfeeq Almoayed, Secretary General of the Supreme Council for Youth and Sports; H.E. Dr. Mohamed bin Mubarak Bin Dainah, Minister of Oil and Environment; H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce; H.E. Ahmed Abdulrahman Al Saati, Bahrain's Ambassador to the Russian Federation; H.E. Shaikh Ahmed bin Hamad Al Khalifa, President of Customs; H.E. Shaikh Abdulla bin Khalifa Al Khalifa, CEO of Bahrain Mumtalakat Holding Company (Mumtalakat); H.E. Nouf Abdulrahman Jamsheer, Undersecretary for Research and Projects at the Prime Minister's Office; H.E. Shaikh Khalifa bin Ahmed Al Khalifa, President of the Bahrain Authority for Culture and Antiquities (BACA); H.E. Ahmed Khalid Al Arifi, Chief Executive of the National Communication Centre; H.E. Sara Ahmed Buhiji, Chief Executive Officer of the Bahrain Tourism and Exhibitions Authority (BTEA); H.E. Safa Sharif Abdul Khaleq, Chief Executive of Export Bahrain; and H.E. Mohammed Al Alawi, Chief Marketing and Communications Officer at the Economic Development Board. Representatives from the private sector are also participating, including members from the Bahrain Chamber of Commerce and Industry, Gulf Air, GFH Financial Group, and Al Salam Bank. As the Guest of Honour, Bahrain will host a dedicated pavilion serving as a dynamic hub to showcase its position as a regional centre of innovation, culture, and opportunity. The delegation's programme includes a range of cultural events and business meetings.
Arabian Post
13-06-2025
- Business
- Arabian Post
AD Ports and ASRY Forge Maritime Growth Alliance
A new maritime alliance took shape on 12 June 2025 as AD Ports Group and the Arab Shipbuilding & Repair Yard Company signed three Heads of Terms, solidifying their collaboration in marine services across Bahrain, in a ceremony attended by H.H. Shaikh Nasser bin Hamad Al Khalifa, His Majesty's Representative for Humanitarian Works and Youth Affairs and Chairman of Bapco Energies. The agreements build upon the operational success of ASRY Marine, a joint venture between Noatum Maritime—a division within AD Ports' Maritime & Shipping Cluster—and ASRY. The first agreement paves the way for a joint venture to manage dry-dock facilities and shipyards. This alliance intends to elevate shipbuilding and dry-docking capacities within the Gulf Cooperation Council region and investigate expansion into other markets. A second agreement brings JM Baxi, an Indian marine‑services and logistics specialist, into the fold. Together, the trio will develop green ship‑recycling facilities, aligning with the Hong Kong Convention's standards to promote a circular maritime economy while reducing carbon emissions. ADVERTISEMENT The third agreement focuses on exploring joint investments across ports and terminal operations. A strategic working group will evaluate potential development opportunities and shared infrastructure initiatives. Captain Mohamed Juma Al Shamisi, Managing Director and Group CEO of AD Ports Group, described this as a natural progression of their maritime ties: 'Following the successful formation of our recent joint venture with ASRY, we look forward to deepening our collaboration across the maritime realm.' He emphasised that establishing green ship‑recycling facilities would ensure vessels are retired responsibly. Dr Ahmed Al Abri, CEO of ASRY, expressed confidence in the partnership's potential: 'By combining our shared expertise and advanced infrastructure… we aim to strengthen our capabilities in dry-docking and shipbuilding across the GCC and beyond.' He also highlighted the firm's commitment to innovation and sustainability, particularly in ship recycling facilities and new terminal operations. The deal builds upon the February 2025 launch of ASRY Marine, in which Noatum Maritime contributed four ASD tugboats and a mooring vessel to modernise ASRY's fleet. The operational deployment of these tugs in April underscored the joint venture's readiness, showcasing the firms' intent to enhance efficiency and reliability through modern assets. Industry analysts suggest that this multi‑layered agreement positions Bahrain as a regional hub for integrated maritime services, underpinned by sustainable practices and infrastructure investment. With the Gulf's shipping and ship-repair sectors poised for growth, the alliance is expected to offer a competitive edge. ASRY's expertise in fabrication and repair, backed by stakeholders from GCC nations since its establishment in 1977, complements AD Ports' regional logistics reach. The inclusion of green ship‑recycling aligns with global maritime trends. Under the Hong Kong Convention framework, these facilities focus on safe dismantling, materials recovery, and minimal ecological impact—a factor increasingly important as decarbonisation becomes integral to port strategies worldwide. Looking ahead, the formation of a working group to assess port and terminal investments signals a long‑term strategic vision. By integrating learnings from the dry-dock and recycling initiatives, both organisations can explore infrastructure synergies and diversify service offerings, potentially extending beyond Bahrain.
Al Etihad
12-06-2025
- Business
- Al Etihad
AD Ports Group, ASRY sign three heads of terms to collaborate on strategic maritime, ports projects
12 June 2025 20:32 ABU DHABI (WAM) AD Ports Group signed three Heads of Terms (HoTs) with the Arab Shipbuilding & Repair Yard Company (ASRY) for the provision of marine services in Bahrain to collaborate on strategic maritime and ports signing took place in the presence of His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty's Representative for Humanitarian Works and Youth Affairs, Kingdom of Bahrain, Chairman of Bapco new agreements follow the successful establishment of ASRY Marine, a joint venture between Noatum Maritime, part of AD Ports Group's Maritime & Shipping Cluster, and ASRY, focused on providing integrated marine services in first Head of Terms (HoT) pertains to a Joint Venture (JV) to manage drydock facilities and shipyards. The JV aims to leverage the capabilities and facilities of each party through their established businesses in this agreement seeks to enhance drydocking and shipbuilding capabilities within the GCC and explore opportunities in other both parties signed a second HoT with a third party, JM Baxi, an India-based well-established business specialising in marine services, ports, logistics, and agreement focuses on creating green ship recycling facilities to promote a circular economy by repurposing parts and minimising waste, thereby reducing carbon recycling in the shipping industry involves the environmentally responsible dismantling and repurposing of ships, contributing to resource conservation and pollution BAXI is actively involved in promoting and implementing sustainable practices in this area and supports the implementation of the Hong Kong Convention (HKC), a global standard for responsible ship final HoT signed by AD Ports Group and ASRY relates to exploring joint investment opportunities within ports and terminals. Through the creation of a collaborative framework and a working group the parties will draw on their joint expertise to identify prospective areas of Director and Group CEO of AD Ports Group, Captain Mohamed Juma Al Shamisi, said, 'Following the successful formation of our recent joint venture with ASRY, we look forward to deepening our collaboration across the maritime realm. We have already developed strong working ties, and this agreement opens the door to create more value and growth across our operations. Exploring opportunities to establish green ship recycling facilities is also very important for us, ensuring that vessels are retired in a safe and environmentally responsible manner.'CEO – ASRY, Dr. Ahmed Al Abri, said, " We are proud to enhance and expand our strategic partnership with AD Ports Group through these new agreements. By combining our shared expertise and advanced infrastructure, and in line with global shifts in the maritime industry, we aim to strengthen our capabilities in drydocking and shipbuilding across the GCC and beyond. We also look forward to developing green ship recycling capacities and entering a vital new field in port management and operation. These initiatives reflect our ongoing commitment to a culture of innovation, operational excellence, and driving growth in the maritime sector." The new areas of cooperation strengthen both parties' maritime capabilities and reach, while the focus on green ship recycling highlights a commitment to sustainability and environmental responsibility, driving innovation and industry growth.
Daily Tribune
29-05-2025
- Business
- Daily Tribune
Bahrain to Establish Industrial Innovation Hub to Empower Youth and Boost Manufacturing Sector
His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty the King's Representative for Humanitarian Work and Youth Affairs and Chairman of the Supreme Council for Youth and Sports, attended the signing of a Letter of Intent for a strategic partnership between the Ministry of Industry and Commerce and Hope Ventures. The agreement aims to establish a new makerspace and an Industrial Innovation Center in Salman Industrial City, located in Hidd. The signing ceremony was also attended by H.E. Aymen bin Tawfiq Almoayed, Secretary-General of the Supreme Council for Youth and Sports and Chairman of the Hope Fund Board of Directors. The Letter of Intent was signed by H.E. Abdullah bin Adel Fakhro, Minister of Industry and Commerce, and Shaikh Hamad bin Mohammed Al Khalifa, Chairman of Hope Ventures. A Vision for Youth and a Brighter Future Speaking on the occasion, His Highness Shaikh Nasser bin Hamad Al Khalifa emphasized Bahrain's ongoing commitment to launching initiatives that empower young people across various sectors. He stated that the upcoming center would inspire creativity and innovation among the youth and prepare them to build a brighter future for the Kingdom. He commended the project as a comprehensive and supportive ecosystem for youth-driven work, aligning with Bahrain's legacy of national achievements. "Young people possess the ambition and determination needed to shape a more advanced and prosperous future for our beloved nation," His Highness said. A Key Pillar of the 2022–2026 Industrial Strategy The project aligns with Bahrain's National Industrial Sector Strategy (2022–2026), which focuses on accelerating the growth of small and medium-sized enterprises (SMEs), promoting industrial innovation, and enhancing research and development. Minister Fakhro highlighted the significance of the initiative, calling it a strategic step in implementing the national industrial strategy. 'This project offers direct support to SMEs and helps create a thriving environment for innovation and R&D,' he said. He also noted that providing youth, makers, and innovators with access to essential resources and infrastructure is critical to turning their ideas into innovative products. This, in turn, would contribute to Bahrain's knowledge-based economic growth. Hope Ventures: Committed to Inspiring Bahrain's Youth Shaikh Hamad bin Mohammed Al Khalifa, Chairman of Hope Ventures, expressed pride in the partnership and reaffirmed the company's commitment to nurturing a dynamic environment for Bahrain's ambitious youth. He noted that Hope Ventures is focused on empowering young people to play a vital role in shaping the future of Bahrain's industrial landscape through innovation and modern technology. 'Our sustainable initiatives aim to meet the aspirations of the next generation and elevate the competitiveness of Bahraini industries both locally and globally,' he added. A State-of-the-Art Industrial Campus The new center will span over 57,000 square meters and include areas for light manufacturing, logistics, creative spaces, co-working areas, administrative offices, training facilities, and other essential services. The project is expected to become a cornerstone in Bahrain's drive to foster industrial innovation, encourage entrepreneurship, and develop a highly skilled and future-ready workforce.
Yahoo
27-05-2025
- Business
- Yahoo
The world of entertainment converges to celebrate Bahrain's growing prominence as a global center for tourism experiences and media
MANAMA, Bahrain, May 27, 2025 /CNW/ -- Hollywood stars and influential personalities gathered at Cipriani Bahrain to celebrate the Kingdom of Bahrain's growing influence as a global hub for entertainment, media, sports, and culture. Actors Anthony Mackie, Letitia Wright, Simu Liu and fiancée Allison Hsu, Winston Duke, Tenoch Huerta, and Danny Ramirez attended the event alongside His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty the King's Representative for Humanitarian Work and Youth Affairs, leading filmmakers, media executives, business leaders and creative entrepreneurs from Bahrain and across the globe. Other notable guests included actors Hannah John-Kamen, Mabel Cadena, and Alex Livinalli; filmmakers Joe Russo and David Ma; and producer Chris Castaldi. The Kingdom continues to go from strength-to-strength as a hub for business investment, technological innovation, elite-level global sport and the creative industries heightening the island nation's reputation as a destination for cultural tourism and sporting experiences. From Formula One's Gulf Air Bahrain Grand Prix to cultural highlights such as the Bahrain Jazz Festival and the Spring of Culture, the country is cementing itself as a destination offering an unparalleled array of world-class events and experiences that cater to diverse audiences. The country is home to multiple UNESCO World Heritage Sites, state-of-the-art performing arts centres, and a thriving creative ecosystem that celebrates craftsmanship, storytelling, and the preservation of its cultural heritage. Earlier this month, Amazon Prime featured His Highness Shaikh Nasser bin Hamad Al Khalifa, His Majesty the King's Representative for Humanitarian Work and Youth Affairs, in the adventure documentary "Beyond Borders with Bear Grylls: Bahrain," spotlighting Bahrain's stunning natural landscapes and outdoor thrills to a global audience. As Bahrain shapes a new era where sports, culture, tourism, and entertainment converge, its vision is clear: to continue to lead innovation at the intersection of tradition and modernity, where opportunities flourish, and creativity thrives. Photo - - - - View original content to download multimedia: SOURCE Kingdom of Bahrain View original content to download multimedia: Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
