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Nuclear energy vital for Gulf

  Manama / TNS Gulf countries need to seriously consider nuclear power as an alternative source of energy, a new study has said. “With a growing need for electricity and a scarcity of water, along with shortages of oil and gas reserves and fluctuation of prices, resorting to nuclear energy as a strategic option could be a choice for many Arab ...

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Bahrain records strong quarterly growth

  WAM Bahrain experienced a pronounced pick-up in its headline growth during the first quarter of the year. According to the latest Bahrain Economic Quarterly (BEQ) issued by the Economic Development Board (EDB), growth reached 4.5%, its highest level since 2014, led by the 12.1 percent year-on-year growth in the oil sector. According to Bahrain News Agency, the report also ...

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Libyan Hariga oil port resumes work

  WAM Oil exports from the eastern Libyan terminal of Hariga have resumed after a pay protest by guards ended, but production at the major eastern oil field of Sarir would remain suspended, officials said on Wednesday. Port director Yassin Ahmed said a Maltese-flagged tanker had docked at Hariga after guards had been promised two years of unpaid wages, and ...

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