FinPol Digest

 MG Bahrain Motors In June, Zayani Motors, the exclusive MG distributor in the Kingdom of Bahrain, will extend a significant discount that will cover the most recent models of the ZST, HS, and RX8 SUVs.  All three products highlight the brand's best fusion of elegance, convenience, and high performance while offering fantastic pricing and top-notch features.  The MG ZST is a potent-looking crossover SUV with a striking design. The appearance is distinguished by a hexagonal grille with a black finish and thin headlights.  With a powerful 1.3-liter Turbo engine that produces 160 horsepower and 230 Nm of peak torque and a six-speed automated transmission that makes acceleration effortless, you can reach 100 km/h in 9.8 seconds for a snappy drive.  This is contrasted by the magnificent MG HS's expansive front grille, distinctive two-tone LED headlights, and striking 18-inch alloy wheels. The car, which has a starting price of BD 9,999, provides an enjoyable driving ...

  The next two meetings of the Arab League summit will be held in Bahrain and Iraq, senior officials said on Friday. Regional leaders attended a landmark meeting that Saudi Arabia sponsored recently in Jeddah, a city on the Red Sea. Syrian President Bashar Al Assad rejoined the Arab League after spending the previous 12 years outside of it. 2011 saw the suspension of Damascus because of the harsh suppression of pro-democracy protesters that resulted in civil conflict. In his speech to the league, Bahrain's King Hamad remarked, "We are pleased to express that we will welcome you all to the Kingdom of Bahrain, for the forthcoming Arab summit meetings in 2024." Mohammed Shia Al Sudani, the prime minister of Iraq, spoke after him and announced that Baghdad will host the summit in 2025. Mr. Al Sudani stated, “I offer an invitation to hold the Arab Summit in Baghdad in 2025, which looks forward to welcoming our Arab brothers in Mesopotamia.” Volodymyr Zelenskyy, the president...

 Israel and Bahrain agreed on Monday to seek to sign a free trade agreement between the two countries by the end of the year, Anadolu News Agency reports. This came during a meeting between Israeli Economy Minister , Orna Barbivai, and Bahraini Industry and Commerce Minister, Zayed Alzayani, in Israel, according to the Israeli Yedioth Ahronoth newspaper. Both ministers agreed to accelerate the process in order to reach the signing of a free trade agreement before the end of the year, the daily said. An Israeli delegation is expected to arrive in the Bahraini capital, Manama, in mid-November to complete the talks on the free trade deal. Alzayani's visit to Israel is the third since both countries normalized their relations in September 2020. In 2021, the trade volume between Israel and Bahrain stood at $7.5 million. In May, Israel signed a free trade agreement with the United Arab Emirates (UAE) to expand economic relations between the two countries.

 A number of Arab countries have condemned an attack on a fuel transport ship anchored at Jeddah port on Monday. Being labelled as a "terrorist attack", the oil tanker was hit by an explosive-laden boat, according to a statement released by Saudi Arabia's Ministry of Energy. Singaporean shipping firm Hafnia also confirmed that the oil tanker was struck by a blast from an "external source" at the Jeddah terminal. Reportedly, the ship was carrying 60,000 tons of gasoline that caused an explosion on board. Releasing a statement on its website, the shipping company confirmed that all 22 sailors on board the BW Rhine escaped the blast without suffering any injury. “BW Rhine has been hit from an external source whilst discharging at Jeddah, Saudi Arabia at approximately 00:40 local time on 14 December 2020, causing an explosion and subsequent fire on board,” Hafnia said in its statement, as reported by Reuters. According to the Saudi energy ministry spokesperson, the ...

 After a heated discussion on Wednesday and a final ultimatum by the United States, Sudan has decided to normalise its relationship with Israel. The US had reportedly issued an ultimatum of 24-hours to the North African country to make a decision on normalising ties with Israel only after which it will remove Sudan’s name from the blacklisted countries. The US had presented Sudan with offers such as removing travel ban, making attempts towards increasing aid towards Sudan, commitment to facilitate private investment in Sudan, arranging an investment conference within the country and forgiveness of billions of dollars of Sudanese debt to the US, reports Jerusalem Post quoting a Sudanese journalist. The deputy chairman of the Sudanese Sovereignty Council Gen. Mohamed Hamdan Dagalo had earlier said in an interview that they are open to the proposal of normalising ties with Israel and even exploring other options with Israel. Experts have said that it was only a matter of time that Sud...