Bahrain Airport Company and ADFD Honoured with Abdul Latif Yousef Al-Hamad Development Prize
The Abdul Latif Yousef Al-Hamad Development Prize is given to the best economic and social development project in the Arab world, either partially or fully funded by a member of the Arab Coordination Group, while giving priority to joint Arab projects.
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Daily Tribune
8 hours ago
- Daily Tribune
Miknas: Bahrain's support places Lebanon back in Arab fold
TDT | Manama Businessman Akram Miknas has praised Bahrain for taking the lead in re-engaging with Lebanon, describing the recent state visit by Lebanese President General Joseph Aoun as a turning point in Gulf-Lebanon relations. Miknas, who chairs the Bahrain-based company Promosven, said the high-level meetings, particularly the one between His Majesty King Hamad bin Isa Al Khalifa and the Lebanese President, marked the most significant interaction between the two nations in decades. Economic Gateway 'Bahrain's support places Lebanon back in the Arab fold,' he said, adding that the Kingdom was the first to offer meaningful support to Lebanon after a period of instability and absence from the regional stage. According to Miknas, this move could position Bahrain as a gateway for Lebanon's re-entry into the GCC economy, with its advanced infrastructure and strong commercial networks. He urged a swift follow-up on the agreements signed during the visit. Connectivity Call Reinstating direct flights between Bahrain and Lebanon, he said, would be a vital step in boosting trade and tourism. He a l s o called for streamlining visa and residency procedures to help entrepreneurs and investors move more freely. Miknas highlighted that the Lebanese business community is ready to activate joint ventures and contribute to economic cooperation between the two countries. Skills & Sectors Pointing to areas of future collaboration, Miknas said private sector partnerships in fields like technology, Islamic finance, and infrastructure could be mutually beneficial. He noted that Lebanon's skilled workforce, particularly in AI and digital innovation, offers an opportunity for synergy with Bahrain's forward-looking economic plans. He also drew attention to the cultural bonds between the two countries, saying Lebanese entrepreneurs had long been welcomed in Bahrain due to shared values of openness and tolerance. Miknas concluded by underscoring the importance of economic diplomacy, adding that private sector involvement would be key to translating diplomatic goodwill into real progress.
Biz Bahrain
2 days ago
- Biz Bahrain
Miknas Affirms Readiness to Strengthen Economic Collaboration Between Bahrain and Lebanon
Akram Miknas, Businessman and Chairman of Promosven, affirmed that the recent official visit of His Excellency General Joseph Aoun, President of the Lebanese Republic to the Kingdom of Bahrain marks a historic turning point in bilateral relations between the two nations. 'The high-level meetings held during the visit, particularly the meeting between His Majesty King Hamad bin Isa Al Khalifa and His Excellency the President, represented a significant milestone in strengthening ties across political, economic, and social spheres. It also stands as the highest-level visit by a Lebanese official in decades.' said Mr. Miknas Mr. Miknas emphasized the readiness of Promosven and the wider Lebanese business community to contribute meaningfully to the activation of economic collaboration between Bahrain and Lebanon by translating signed agreements into tangible projects. 'It is essential to reinstate direct flights between Bahrain and Lebanon, given the critical role such connectivity plays in revitalizing trade, stimulating tourism, and enhancing overall economic exchange. Equally, streamlining visa and residency procedures is fundamental to facilitating the movement of investors and entrepreneurs, thereby enabling the expansion of joint ventures and reinforcing the economic partnership between both nations.' In a related context, Mr. Miknas noted that Lebanon today is in urgent need of support from all its Arab brothers to strengthen its economic and political stability. Bahrain was the first to offer such support, reaffirming Lebanon's rightful place within the Arab fold after a prolonged period of absence and unrest. This noble initiative by Bahrain has the potential to serve as Lebanon's economic gateway to GCC countries, which are distinguished by their diverse and well-established economies, advanced financial and commercial infrastructure, and a supportive environment for investment and business. Highlighting key opportunities for collaboration, Mr. Miknas identified promising avenues for private sector partnerships in areas such as technology, Islamic finance and infrastructure development. Enhancing cooperation with Bahrain, particularly in light of Lebanon's ongoing economic recovery, presents meaningful opportunities, especially by leveraging the expertise of Lebanon's highly skilled professionals in fields such as artificial intelligence and digital innovation. 'The peoples of Bahrain and Lebanon share deep cultural values rooted in openness, tolerance, and hospitality. These qualities have long supported successful economic partnerships and continue to create a welcoming environment for Lebanese entrepreneurs, many of whom have established thriving businesses fully integrated into the fabric of Bahraini society.' Mr. Miknas concluded by reaffirming the vital role of economic diplomacy and private sector engagement in strengthening the long-standing relationship between Bahrain and Lebanon, paving the way for a prosperous and mutually beneficial future.
Daily Tribune
3 days ago
- Daily Tribune
Coca-Cola plans US cane sugar alternative after Trump push
Coca-Cola on Tuesday said it would release a version of Coke in the United States made with US-grown real cane sugar, a move requested by President Donald Trump. 'We're going to be bringing a Coke sweetened with US cane sugar into the market this fall, and I think that will be an enduring option for consumers,' said CEO James Quincey on a call with analysts. The company currently uses high-fructose corn syrup (HFCS) for many of its US products -- a sweetener that has long drawn criticism from Health Secretary Robert F. Kennedy Jr. and his 'Make America Healthy Again' agenda. Trump last week said that the company had agreed to use cane sugar in the United States version of Coke. 'This will be a very good move by them -- You'll see. It's just better!' Trump wrote on Truth Social. Coca-Cola at the time did not confirm the move even if it said it appreciated Trump's 'enthusiasm' for its brand. In announcing the new option, Quincey insisted that the main Coke product would still be made with corn syrup, with the cane sugar version offered as an alternative. Mexican Coke -- which is made with cane sugar -- is often sold at a premium in US stores and prized for its more 'natural' flavor. The US president did not explain what motivated his push for the change.
