Ithmaar Development Company (IDC), a specialised company in the development and management of major development, real estate and other infrastructure projects, and a wholly-owned subsidiary of Ithmaar Group, has appointed Nayef Nasser Alnasser as a Managing Director of IDC, succeeding Mohammed Khalil Alsayed.
His Majesty King Hamad was briefed on the proposed masterplan to redevelop Awali City in Bahrain, covering commercial, office and residential units as well as green spaces in addition to a pedestrian and sports pathway. It is aimed at preserving the architectural identity and urban heritage of the city.
The internationally acclaimed musical "Wicked" concluded its performances at the Bahrain National Theatre following a successful run held from January 13 to 17.
Leading global advisory groups, policymakers, sustainability leaders and business decision-makers will be in Bahrain for the Sustainability Forum Middle East event where they will discuss ways to tackle climate risks, embed sustainability into core business models as well as boost net-zero transition.
Arcapita Group Holdings, a global alternative investment firm, has announced a joint venture partnership with Cloud Capital, a leading global data center investment management firm, to acquire a 21MW data center located in Minneapolis, US, with plans to expand its capacity to 31 MW.
Batelco by Beyon has signed a strategic partnership agreement with Qareeb Data Centers, the Middle East’s first edge data center provider.
Sama X, a unit of regional business conglomerate Alghanim Industries Group, has secured licence from Bahrain's Telecommunications Regulatory Authority (TRA) to deliver SpaceX’s high-speed Starlink satellite broadband connectivity to the users across the kingdom.
Following the completion of technical bidding, Bahraini authorities are all set to start work on the Budaiya Road development project. It spans 6.7km, extending from Budaiya intersection with Shaikh Khalifa Bin Salman Highway in the east to its Janabiya Road junction in the west.
Bahraini authorities have announced that one of the kingdom's major infrastructure projects - Muharraq-Arad Bridge - has entered the preliminary design phase. The scheme is intended to boost access to East Hidd Town while easing traffic congestion across Muharraq, said a report.
Beyon Connect, a part of the Beyon Group, has announced that CFI Financial, a regional provider of online trading and investment services, has become the first investment platform in Bahrain to go live with eKey for Business, the national biometric digital identity and eKYC platform for the private sector.
