• The GCC Financial Forum 2019
Riffa Views taking a green step

Riffa Views taking a green step

Riffa Views yesterday signed a memorandum of understanding (MoU) with a leading renewable energy solutions company, Next Energy, for the deployment of a solar power system to generate electricity. The move, according to Osama Al Khajah, Chairman of Next Energy, will eliminate 45,529 tons of carbon dioxide (CO2) from Riffa Views footprint.

This, he said, is equivalent to planting 1,060,584 trees, or driving reduced by 145,659,066 km, or 4,642,881 gallons of gasoline or displacing CO2 emissions from the annual electric use of 5,154 homes or burning of 22,176 tons of coal.

Yasser Alraee, Managing Director of Riffa Views, stated: “Since inception, Riffa Views has used recycled water for irrigation of common area landscaping, using its own treatment plant. The solar power project is another major step towards creating a self-sustainable community that shall help to preserve the environment.”




US growth easing: Fed

US growth easing: Fed

The Federal Reserve believes US growth will “step down” this year from last year’s rapid pace amid rising global risks, including from tense trade relations, according to minutes released Wednesday. And given the grea

High-level US-China trade talks resume

High-level US-China trade talks resume

With eight days left in their trade truce, top US and Chinese officials were due yesterday to return to the daunting task of bridging a chasm between the world’s two largest economies. US President Donald Trump has repeatedly cla

Batelco Q4 profit jumps 119pc

Batelco Q4 profit jumps 119pc

Batelco (BATELCO), the regional telecommunications group with operations across 14 countries, yesterday reported a 119 per cent jump in its fourth-quarter net profit attributable to equity holders of the company to BD4.1 million or (US


All eyes on Sharm el-Sheikh

All eyes on Sharm el-Sheikh

His Majesty King Hamad bin Isa Al-Khalifa will lead Bahrain’s delegation to the first Arab-EU Summit, which kick-offs tomorrow in the presence of European and Arab leaders at Egypt’s Red Sea resort of Sharm el-Sheikh. The R

Lending a helping hand

Lending a helping hand

The supporting activities of the second edition of the Strongest Bahraini Championship were held yesterday at Bahrain International Circuit (BIC) under the patronage of HH Shaikh Khalid bin Hamad Al Khalifa. The move was part of humani

Saudi bags $10bn oil deal

Saudi bags $10bn oil deal

Saudi Crown Prince Mohammed bin Salman bin Abdulaziz Al Saud met China’s President Xi Jinping yesterday and bagged a $10-billion oil deal. Prince Mohammed arrived in Beijing on Thursday following visits to Pakistan and India. &ld

Hsieh upsets Pliskova

Hsieh upsets Pliskova

Hsieh Su-wei won the last six games to beat fourth seed Karolina Pliskova 6-4, 1-6, 7-5 yesterday in Dubai and will face a woman she has never beaten, Petra Kvitova, in the semi-finals. Second seed Kvitova, winner of the event in 2013,

Kim Kardashian sues fashion company

Kim Kardashian sues fashion company

Reality TV star Kim Kardashian West has filed a lawsuit against an online retailer for using her name and image without permission to advertise their own designs. Kim on Wednesday filed a case against Missguided USA, seeking damages in