
Tamkeen Supports Three Bahrainis in the Video Gaming Industry in Collaboration with Japan's NatsumeAtari through the Global Ready Talent Program
Tamkeen has introduced various programs designed to support employment and career development for Bahraini professionals, ensuring they remain the first choice of employment in the labor market. Additionally, Tamkeen offers multiple enterprise support programs to strengthen the private sector, positioning it as the main driver of economic growth in the Kingdom.
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Daily Tribune
6 hours ago
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Japan PM says won't 'easily compromise' to Trump on tariffs
Japan's Prime Minister Shigeru Ishiba said Sunday he won't "easily compromise" in talks with Washington as Tokyo seeks to avert President Donald Trump's threat to impose tariffs of up to 35 percent on Japanese goods. "We will not easily compromise. That's why it is taking time and why it is tough," Ishiba told a television talk show. His comments came as Japan rushes to negotiate with the Trump administration before the Wednesday deadline for trade deals. While Trump imposed a sweeping 10 percent tariff on imports from most trading partners in April, he unveiled -- then paused -- higher rates on dozens of economies including Japan to allow room for negotiations. This pause will expire July 9, meaning the elevated rates are due to kick in if countries fail to reach agreements with Washington to avert them. Trump has said he was going to write a letter to Japan, asking it to "pay a 30 percent, 35 percent or whatever the number is that we determine," and called the bilateral trade relation "unfair". He has particularly pressed Japan to accept more US automobiles and rice. Ryosei Akazawa, Tokyo's trade envoy, held telephone calls with US Commerce Secretary Howard Lutnick on Thursday and Saturday. In the Sunday television show, Ishiba reiterated that Japan, as the biggest investor nation in the US economy, should be treated differently from other countries. "What is unfair? How is it unfair? We need to examine each one" of the US claims, he said. "We are allies, but we have to say what we have to say. We are the world's largest investor nation and the largest job creator (in the US). We are different," he said. On another Sunday television show, Ishiba said Japan was "preparing to deal with all kinds of situations", when asked about how he plans to deal with Trump's letter.


Biz Bahrain
10 hours ago
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Tree of Life and ACE Gallagher join hands to enhance lives of orphans in Bahrain
For the second consecutive year, Tree of Life Social Charity Society has tied up with ACE Gallagher in a heartfelt initiative dedicated to supporting orphaned children in Bahrain. ACE Gallagher Insurance Brokers Bahrain team members contributed through donations and volunteering, working hand in hand to create a memorable art workshop held at Artology, a vibrant and inclusive art studio. The event brought together ACE Gallagher employees and Tree of Life's children aged 6 to 12, fostering creativity and hope. Each child received a themed mood board centered around the idea of 'a brighter tomorrow with love,' sparking imagination and positivity. Employees sat side by side with the children, co-creating colorful canvas paintings that beautifully expressed each child's unique vision and spirit. To maintain the joyful atmosphere, lunch was shared among the children and volunteers, deepening the sense of warmth and togetherness. The smiles, laughter, and genuine moments of connection between the volunteers and the children made the initiative truly unforgettable. The children's artwork radiated joy, creativity, and hope. ACE Gallagher proudly announced that the paintings will be displayed in their Bahrain office, with the most creative piece featured on the company's official end-of-year greeting card, shared with clients, suppliers, and partners across the region. Eng. Khalil Al-Dailami, Chairman of the Board of Directors, Tree of Life Social Charity Society, said: 'Once again, our partnership with ACE Gallagher has brought light and hope to the children through the power of art. Such collaborations are essential in nurturing creativity and building a brighter future for those in need.' Yolla El-Khoury, CEO of ACE Gallagher Holding, added: 'Engaging with Tree of Life has been a powerful experience for our team. It shows how collective care and compassion can truly transform lives, and we remain committed to making a positive difference in the communities we serve.' This partnership is a reflection of ACE Gallagher's deep-rooted belief that empathy, connection, and care are the cornerstones of a more inclusive and hopeful future for all. Founded in 2012, the Tree of Life Social Charity Society operates under the law provisions on private bodies and associations in the Kingdom of Bahrain. The Society offers its services indiscriminately to all segments of the Bahraini community, focusing on social welfare, support for orphans, aid for underprivileged families, health care, and social activities.


Biz Bahrain
10 hours ago
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Central Bank of Bahrain Issues Framework for Regulating Stablecoin Issuance
The Central Bank of Bahrain (CBB) announced the introduction of a framework for licensing and regulating stablecoin issuers, aimed at ensuring the safe and sound integration of stablecoins into the financial system. Under the new stablecoin regulation, licensed stablecoin issuers are permitted to issue single currency stablecoins backed by Bahraini Dinar (BHD), United States Dollar (USD), or any other fiat currency acceptable by the CBB. Furthermore, the new regulation aims to mitigate the risks associated with the use of unregulated stablecoins, and ensure a safer and more secure ecosystem, fostering investor confidence and promoting sustainable growth within the sector. Commenting on the new regulations, Mr. Mohamed Al Sadek, Executive Director of Market Development at CBB said: 'By encouraging the development and adoption of innovative financial technologies, the CBB aims to enhance Bahrain's position as a leading financial hub in the MENA region. This milestone reflects the pioneering role the CBB continues to play in overseeing the crypto-asset market and ensuring that the Kingdom's financial services landscape equipped for future developments.' Mr. Ali Haroon AlAamer, Director – Capital Markets Supervision Directorate, said: 'This initiative underscores the CBB's unwavering commitment to integrating crypto-related activities within its regulatory framework and ensuring they are subject to comprehensive oversight. It also highlights the CBB's dedication to providing robust investor protection measures and maintaining a transparent crypto asset market.' The announcement was made during the FS Horizons: Doubling Down on Digital event, hosted in partnership with the Bahrain Economic Development Board, where industry leaders gathered to highlight Bahrain's advancements in digital banking, payments infrastructure, and talent development. The new 'Stablecoin Issuance and Offering (SIO) Module' can be found in Volume 6 (Capital Markets) of the CBB Rulebook on CBB's website