South Korea, Mongolia hold talks for economic partnership agreement

Seoul, South Korea launched the third round of talks for a comprehensive economic partnership with Mongolia on Tuesday that focuses on stronger cooperation on trade and supply chains, Seoul’s industry ministry said.

The third official round of negotiations for the bilateral economic partnership agreement (EPA) began on the day in Ulaanbaatar for a four-day run, as the two sides have agreed to clinch one that aims to boost overall economic cooperation and ensure stable supply chains, according to the Ministry of Trade, Industry and Energy.

The initial round of official talks was launched in December 2023, according to South Korean News Agency (Yonhap).

During the latest meeting, the two sides plan to discuss 13 segments, such as goods, services, investment and digital trade, as well as ways of enhancing cooperation on stable supply chains and joint responses to climate changes.

“Mongolia is a crucial economic partner as it can help South Korea diversify its overseas markets and stabilize supply chains. We
will strive to lay the groundwork for stronger, extensive economic cooperation,” Seoul’s chief negotiator Ryu Peob-min said.

An EPA is meant to establish a mutually beneficial trade network with partner nations beyond a simple market opening, though it covers a smaller scope of areas compared with a traditional free trade agreement.

Source: Bahrain News Agency

Kuwait Powerboat racing team secures 3rd in UK tourney

Kuwait’s national powerboat team won third place in the powerboat world championship organized by Union Internationale Motonautique (UIM), held in Plymouth, United Kingdom, across two categories.

In B 300 horsepower category, the Kuwaiti team, led by world champion Bader Al-Dousari and his assistant, Mohammed Al-Essayie, secured third place.

Khaled Karam and Adel Al-Sharida also achieved third place in the P 150 horsepower category, with their teammates Nasser Al-Khadhra and Mishaal Al-Misbah finishing fifth in the final round of the championship.

Head of the Kuwaiti delegation, Ali Al-Shamali expressed his pride in the team’s accomplishments in a statement to KUNA.

He highlighted that the team competed in the category B with the boat “Raheeb 17,” powered by a 300-horsepower engine, piloted by 2023 world champion Bader Al-Dousari and Mohammed Al-Essayie.

The team earned two silver medals on the first and second days of the event, ultimately securing third place overall.

Al-Shamali explained that the te
am’s chance of retaining the world champion title was impacted by an accident in the second round of the championship, which took place in Belgium in June.

Despite this setback, the team’s performance in the first round in Spain, where they secured two silver medals in April, helped them accumulate enough points to achieve the bronze overall.

In category B single-engine with 150 horsepower, Kuwait’s “Raheeb 171,” led by champions Khaled Karam and Adel Al-Sharida, took second and fourth place in the Spanish round of the competition in April.

They won first place in Belgium, and in the final round in Plymouth, they secured third and fourth places, resulting in an overall third-place finish and the bronze medal.

The third boat, competing for the first time, finished fifth overall in category B with 150 horsepower, by Al-Khadhra and Al-Misbah.

Source: Kuwait News Agency

Kuwait Powerboat racing team secures 3rd in UK tourney

Kuwait’s national powerboat team won third place in the powerboat world championship organized by Union Internationale Motonautique (UIM), held in Plymouth, United Kingdom, across two categories.

In B 300 horsepower category, the Kuwaiti team, led by world champion Bader Al-Dousari and his assistant, Mohammed Al-Essayie, secured third place.

Khaled Karam and Adel Al-Sharida also achieved third place in the P 150 horsepower category, with their teammates Nasser Al-Khadhra and Mishaal Al-Misbah finishing fifth in the final round of the championship.

Head of the Kuwaiti delegation, Ali Al-Shamali expressed his pride in the team’s accomplishments in a statement to KUNA.

He highlighted that the team competed in the category B with the boat “Raheeb 17,” powered by a 300-horsepower engine, piloted by 2023 world champion Bader Al-Dousari and Mohammed Al-Essayie.

The team earned two silver medals on the first and second days of the event, ultimately securing third place overall.

Al-Shamali explained that the te
am’s chance of retaining the world champion title was impacted by an accident in the second round of the championship, which took place in Belgium in June.

Despite this setback, the team’s performance in the first round in Spain, where they secured two silver medals in April, helped them accumulate enough points to achieve the bronze overall.

In category B single-engine with 150 horsepower, Kuwait’s “Raheeb 171,” led by champions Khaled Karam and Adel Al-Sharida, took second and fourth place in the Spanish round of the competition in April.

They won first place in Belgium, and in the final round in Plymouth, they secured third and fourth places, resulting in an overall third-place finish and the bronze medal.

The third boat, competing for the first time, finished fifth overall in category B with 150 horsepower, by Al-Khadhra and Al-Misbah.

Source: Kuwait News Agency

Our national team loses to its Jordanian counterpart in the third stage of the World Cup qualifiers


Kuala Lumpur – Ma’an – Our national football team lost to Jordan on Tuesday evening, with three goals to one, in the third round of the 2026 World Cup qualifiers.

The Jordanian national team opened the scoring early through its player Yazan Al-Naimat from a rebounded ball, after which he was alone with goalkeeper Baraa Kharoub and easily put the ball into the net, before our national team star Wissam Abu Ali equalized the score minutes before the end of the first half, from a cross that he headed into the net of Jordanian goalkeeper Yazeed Abu Laila.

The Jordanian team added the second goal five minutes after the start of the second half through Yazan Al-Naimat, and the third goal in the 72nd minute through Nour Al-Rawabdeh.

Our national team’s balance froze at one point, which it obtained from a draw against South Korea in the first round, and remained in fifth place, while the Jordanian team jumped to the top temporarily and raised its balance to 4 points.

Source: Maan News Agency

Our national team loses to its Jordanian counterpart in the third stage of the World Cup qualifiers


Kuala Lumpur – Ma’an – Our national football team lost to Jordan on Tuesday evening, with three goals to one, in the third round of the 2026 World Cup qualifiers.

The Jordanian national team opened the scoring early through its player Yazan Al-Naimat from a rebounded ball, after which he was alone with goalkeeper Baraa Kharoub and easily put the ball into the net, before our national team star Wissam Abu Ali equalized the score minutes before the end of the first half, from a cross that he headed into the net of Jordanian goalkeeper Yazeed Abu Laila.

The Jordanian team added the second goal five minutes after the start of the second half through Yazan Al-Naimat, and the third goal in the 72nd minute through Nour Al-Rawabdeh.

Our national team’s balance froze at one point, which it obtained from a draw against South Korea in the first round, and remained in fifth place, while the Jordanian team jumped to the top temporarily and raised its balance to 4 points.

Source: Maan News Agency

Bahrain national football team loses to Japan in World Cup qualifiers

Manama, Bahrain’s national football team lost 5-0 to Japan in their match at the Bahrain National Stadium, during the second round of Group C matches in the Asian qualifiers for the 2026 World Cup.

With this result, Bahrain remains at 3 points and drops to third place, while Japan moves to the top of the group with 6 points.

Bahrain will next face Indonesia at home, followed by an away match against Saudi Arabia.

Meanwhile, Japan will play against Saudi Arabia and Australia in the third and fourth rounds next October.

Source: Bahrain News Agency

Bahrain national football team loses to Japan in World Cup qualifiers

Manama, Bahrain’s national football team lost 5-0 to Japan in their match at the Bahrain National Stadium, during the second round of Group C matches in the Asian qualifiers for the 2026 World Cup.

With this result, Bahrain remains at 3 points and drops to third place, while Japan moves to the top of the group with 6 points.

Bahrain will next face Indonesia at home, followed by an away match against Saudi Arabia.

Meanwhile, Japan will play against Saudi Arabia and Australia in the third and fourth rounds next October.

Source: Bahrain News Agency

Bahrain Bourse wins ‘Best Strategic Partnerships in Capital Markets’ Award for 2024

Manama, Bahrain Bourse received the ‘Best Strategic Partnerships in Capital Markets – Bahrain 2024’ Award from International Finance Magazine.

This recognition underscores Bahrain Bourse’s unwavering commitment to fostering strong and collaborative partnerships within the capital markets industry.

Bahrain Bourse has consistently demonstrated its dedication to initiatives that promote a fair, efficient, and transparent trading environment, recognising the vital role strategic partnerships play in achieving these goals.

A prime example of this commitment is Bahrain Bourse’s collaboration with Abu Dhabi Securities Exchange (ADX). Following its strategic partnership with ADX, BHB and ADX announced the launch of the region’s first digital exchange hub – Tabadul in July 2022 to enable investors to trade directly on both exchanges through licensed brokers in both markets. Additionally, this initiative was expanded to cover additional markets including Muscat Stock Exchange.

Additionally, Bahrain Bourse collabor
ated with the Middle East Investor Relations Association (MEIRA) in 2019 to encourage adoption of best Investor Relations (IR) Practices in the capital market. This partnership was further exemplified through hosting the MEIRA Annual Conference in November 2023, which served as a valuable platform for industry leaders to connect, share best practices, and contribute to the development of a robust investor relations landscape in the region.

In April 2022, Bahrain Bourse hosted the Arab Federation of Capital Markets Annual Conference in Bahrain, highlighting the role of capital markets in supporting and financing strategic projects during the pandemic.

Bahrain Bourse also recently launched the BHB Board Mentorship Program in partnership with the Bahrain Institute of Banking and Finance (BIBF) to equip aspiring senior executives with the specialized training and guidance necessary to excel on corporate boards, ultimately fostering a culture of governance excellence within Bahrain’s companies. Bahrain Bourse ha
s been collaborating with the BIBF on various initiatives, such as the Investment Academy and TradeQuest, all of which aim to empower market participants and contribute to the development of Bahrain’s capital markets.

Shaikh Khalifa bin Ebrahim Al Khalifa, CEO of Bahrain Bourse, expressed his pride in receiving the prestigious award from International Finance Magazine. He emphasised that the recognition reflects the dedication and collaborative efforts of the entire Bahrain Bourse team, as well as the strong partnerships established across the industry, which have been instrumental in achieving this success.

“Bahrain Bourse will continue to forge new and innovative partnerships that will continue to drive growth and create a more dynamic and efficient capital market landscape in Bahrain, and throughout the region,” Shaikh Khalifa bin Ebrahim added.

The International Finance Awards recognise outstanding achievement in the financial industry, honoring companies for their leadership, talent, and strategic cap
abilities on a global stage. A qualified research team rigorously evaluates nominations, selecting winners based on both submitted applications and their proven track record of success.

Source: Bahrain News Agency

Kuwaiti-Egyptian joint cmte. preparatory meetings start


Preparatory meeting for the joint Kuwaiti-Egyptian higher committee on high official level, commenced Tuesday, setting up for the 13th Foreign Ministry committee meeting on Thursday.

Heading Kuwaiti delegation is Assistant Foreign Minister Ambassador Ahmad Al-Bakr, and the Egyptian side Assistant Foreign Minister, Ambassador Mohammad Al-Badri.

This is an extension of 12th committee meeting back in December of 2018, said Ambassador Al-Bakr, adding it will address any obstacles hindering development, as well as instate mechanisms to boost cooperation.

Outcomes of the two-day meetings, including agreements, MoUs, and programs are to be forwarded to the Foreign Ministers on Thursday.

The joint Kuwaiti-Egyptian education committee met yesterday and looked into bilateral cooperation in the fields of education, higher education and scientific research.

Source: Kuwait News Agency

Saudi Arabia Strongly Condemns the Targeting of Mawasi, Khan Younis, in Southwest Gaza Strip

The Ministry of Foreign Affairs issued a statement today expressing the Kingdom’s strong condemnation and denunciation of the targeting of a makeshift displacement camp in Mawasi, Khan Younis, in southwest Gaza Strip, which resulted in killing and injuring dozens in yet another instance of violent attacks of unarmed civilians by the Israeli war machine.

The Kingdom reiterated its categorical rejection of continued Israeli genocide, and called for an immediate ceasefire.

The Kingdom held the Israeli occupation forces fully responsible for the continued violation of all international and humanitarian norms and laws.

The Kingdom also emphasized the legal, humanitarian and moral responsibility of the international community to activate international accountability mechanisms and put an end to these ongoing violations of international law and resolutions by the Israeli occupation forces.

Source: Saudi Press Agency

Kuwait FM receives visiting European Council Pres.


Kuwait Minister of Foreign Affairs Abdullah Al-Yahya received at Kuwait International Airport on Tuesday the President of the European Council, Charles Michel.

The two sides also delved into the latest developments in the preparations for the Gulf-European summit scheduled to be held in October in Brussels.

Source: Kuwait News Agency

NCVC’s Rangeland Department Granted ISO Certification in Quality Management System

The General Department of Rangelands at the National Center for Vegetation Cover Development and Combating Desertification (NCVC) has been granted ISO certification for Quality Management Systems, according to a press release from the NCVC.

This is proof of the department’s commitment to improving the quality of its management practices and ensuring compliance with the requirements needed to achieve its objectives.

Quality management involves creating 53 operational procedures and templates, and holding training sessions in quality management awareness and internal auditing.

The certification highlights the department’s dedication to operational excellence, which leads to better planning, resource management, and administrative services, improves operational performance and efficiency, and boosts productivity and overall success. Furthermore, it strengthens planning and oversight mechanisms for resource management.

The release noted that the General Department of Rangelands has collaborated with a spe
cialized company to adopt international quality management standards that will help it rehabilitate natural rangelands, restore vegetation cover, and produce saplings and seeds in various regions of the Kingdom.

“NCVC remains committed to developing, protecting, and monitoring vegetation cover sites, rehabilitating degraded areas, and planting green belts to stabilize sand dunes. These efforts reflect the Kingdom’s ongoing dedication to preserving its natural heritage for future generations,” the release read.

Source: Saudi Press Agency