Author: Faisal

Bahrain Stock Exchange (BHB) continued to decline for the second consecutive month in September 2023, ending the month with a decline of only 0.7% at 1,939.13 points. The all-share index failed to buck the weakness in the GCC stock market, which recorded a two-month recessionary trend on the cue of global stock market declines, according to a report by Kuwait-based Camco Invest. That’s what it means. In terms of sectoral performance, six out of seven sectoral indexes declined last month. The Materials Index and Consumer Discretionary Index recorded the largest decline of 2.2% in September 2023, ending the month at…

Bahrain: Bahrain recently witnessed an exciting no-code hackathon where four teams competed against each other to develop innovative solutions to the insurance industry’s most pressing challenges. Teams from Fikra, Tech Flow, Insure Your Future, and The Disrupter competed for cash prizes and the chance to pitch directly to Solidarity Bahrain in hopes of turning their concepts into real-world applications. Tech Flow ultimately won him first place for his creative solution. The winning team’s strategy was to identify repetitive tasks ripe for automation, rapidly prototype solutions, and deliver tangible results. The company’s leading solutions leverage advanced technology and visual analytics and…

Japanese automaker Honda has jumped on the cryptocurrency bandwagon by adopting several digital assets as payment options. Interestingly, Ripple’s native token, XRP, and popular meme coin Shiba Inu (SHIB) are among the supported tokens. “Drive to the future” with cryptocurrency Automobile, motorcycle, and power equipment manufacturer based in Tokyo – Honda Motor Co., Ltd. – partnered The blockchain payment system FCF Pay allows clients to lease or purchase a company’s products with digital currency instead of fiat currency. Accepted assets include Bitcoin (BTC) and Ether (ETH), the two largest by market capitalization, as well as Ripple (XRP), Shiba Inu (SHIB),…

Automobiles first appeared in Europe in the 19th century and quickly spread to the United States. By the first half of the 20th century, there were hundreds of small and medium-sized companies manufacturing automobiles. One of these companies was the Auburn Automobile Company in Auburn, Indiana. Like other American car companies in the early 20th century, Auburn’s roots were in the wagon manufacturing business. Charles Eckert began working as a wheelwright at Studebaker in South Bend, Indiana. In 1874 he retired from Studebaker and founded Eckhart His Carriage Company in Auburn, Indiana. Charles Eckert retired in his 1893 year and…

International delegations and high-level speakers will participate in this event Manama – Bahrain International Business Professional Women’s Club (BPW Bahrain) today announced that it will host an Asia-Pacific regional conference entitled “Economic Empowerment of Women and Young Entrepreneurs” under the patronage of His Excellency Adel bin Abdullah Fakhroh . Minister of Commerce and Industry. The regional conference will be held from November 5th to 9th, 2023 at the Gulf Hotel, Kingdom of Bahrain, in collaboration with the International Federation of Business Professional Women (BPW International). Approximately 300 participants will gather, including BPW International members from around the world, women and…

TDT | Manama Daily Tribune – www.newsofbahrain.com Bahrain added five medals at the 19th Asian Games held in Hangzhou, China yesterday, including two gold medals won by Kemi Adekoya and Birhanu Baleu. Kemi won the women’s 400m, sharing the podium with fellow Bahraini Salwa Eid Nasser, who won the silver medal. Meanwhile, Baleu won gold in the men’s 10,000 meters. Saudi Arabia’s star-studded track and field team also won two bronze medals yesterday, with Hajar al-Khaldi in the women’s 100m and Abbas Yusuf Abbas in the men’s 400m. Bahrain won five medals on the second day of competition in athletics…

The first UFI Expert Day in the Gulf Cooperation Council (GCC) was held on October 1, 2023, under the auspices of Exhibition World Bahrain (EWB). This one-day event focused on attracting new events and exhibitions, as well as announcing new projects in the Kingdom, and was attended by over 60 leading industry experts from the international and regional MICE community. In addition to showcasing Bahrain’s appeal as a major regional hub for the MICE industry, UFI Expert Day participants leveraged the UFI network to build connections with new MICE partners and key players in the private sector. The UFI Expert…

At the last minute, a Gulf Air flight from Bahrain to Kuwait City declared a state of emergency and apparently returned to the airport. Data provided by RadarBox.com. trendVirgin Atlantic Airways flight A350 departing from New York declared state of emergency A9C-AC is operated by an Airbus A320 aircraft, but the reason is currently unknown due to an emergency situation. Latest update: Gulf Air flight from Bahrain to Kuwait declared state of emergency… This is a developing story. Updated information below. Did you know that AviationSource has two newsletters? One that covers general news and analysis from across the industry…

Sevier County Judge Mac Trotter brought home the 1916 Ford when his son Amos was 11 and his younger son Andy was 4. This was the beginning of the brothers’ love affair with cars. Amos and Andy Trotter were born on the Trotter family’s ancestral farm in Sevier County, which was later flooded due to the construction of Douglas Dam.As a teenager, Amos worked as a bellboy at the Mountain View Hotel in Gatlinburg. When he was old enough, Andy followed in his older brother’s footsteps and started working in a hotel. By this time, Amos was operating a gas…

A conservative view of the auto industry is that it is characterized by an oligopoly, meaning that the top three automakers dominate their competitors. The fact that these three companies have so much power shows that they are not operating within a free market. There are obstacles to new car manufacturers entering the market, and those in power seem satisfied with the status quo.In today’s age of advanced manufacturing tools such as CNC and CAD, an enterprising individual can start a small car manufacturing company that produces, say, 10 to 20 cars per year, while still making a profit. You…