logo
#

Latest news with #Al-Hamoud

Kingdom Seeks Asian Investment
Kingdom Seeks Asian Investment

Daily Tribune

time27-06-2025

  • Business
  • Daily Tribune

Kingdom Seeks Asian Investment

TDT | Manama Bahrain stepped up efforts to position itself as a key beneficiary of Asian-led infrastructure investment by engaging with top decision-makers during the 10th Annual Meeting of the Asian Infrastructure Investment Bank (AIIB), held in Beijing under the theme 'Connecting for Development and Cooperation for Prosperity'. Leading the Kingdom's delegation, Yousef Abdullah Al-Hamoud, Undersecretary for Financial Affairs at the Ministry of Finance and National Economy, held meetings with bank executives and other high-level officials to expand Bahrain's role in the region's infrastructure development map. Strategic engagement On the sidelines of the summit, Al-Hamoud met with Konstantin Lemtovsky, Chief Investment Officer at AIIB, and Junjing Wang, CEO of the Multilateral Cooperation Center for Development Financing. The discussions focused on enhancing joint cooperation and unlocking new opportunities for financing infrastructure, energy, and logistics projects in Bahrain. The summit, inaugurated by Li Keqiang, Premier of the State Council of China, brought together ministers, investors, and international organisations to address development challenges through strategic partnerships and sustainable infrastructure funding. Support for new leadership Al-Hamoud conveyed Bahrain's support for Ms. Zou Jiayi of China, who was elected by the AIIB Board of Governors as the bank's new President. He welcomed her vision for expanding the bank's contribution to development projects across member states and praised the AIIB's growing role in responding to climate and geopolitical changes. He also reaffirmed Bahrain's commitment to cooperating with the AIIB and aligning its national infrastructure strategies with the bank's regional investment goals. Platform for growth The AIIB, established in 2015, now includes 110 member countries. Its operational priorities span sectors such as transportation, energy, communications, agriculture, and urban development. Bahrain became a member in 2018 and continues to pursue opportunities to attract multilateral financing for strategic national projects. As infrastructure financing becomes increasingly competitive across the region, Bahrain's active engagement at this summit signals a renewed drive to tap into Asia-led development flows.

Al-Masayel Equestrian Club to hold European training camp
Al-Masayel Equestrian Club to hold European training camp

Arab Times

time15-05-2025

  • Sport
  • Arab Times

Al-Masayel Equestrian Club to hold European training camp

KUWAIT CITY, May 15: Dr. Ibrahim Al-Hamoud, Secretary-General of Al-Masayel Equestrian Club, affirmed the club's ongoing commitment to excellence, with its riders continuing to proudly represent Kuwait and compete for titles on the international stage. He celebrated the outstanding achievement of club rider Abdullah Al-Awadhi, who secured second place in the overall rider rankings for the 2024–2025 show jumping season. Al-Hamoud also praised Al-Masayel Club's impressive third-place finish in the overall club standings, achieved amid strong competition from across the country. Reflecting on the season's accomplishments, Al-Hamoud noted that the club had participated in European training camps in Belgium and several international tournaments. He announced plans to organize a summer training camp in Germany and revealed the club's intention to import elite show jumping horses from Belgium, Germany, and Austria to bolster its competitive edge. He emphasized that Al-Masayel Club has successfully built a strong foundation in show jumping, with over 120 male and female riders training under expert coaches from Italy and Kuwait. Al-Hamoud once again commended Abdullah Al-Awadhi for his consistent excellence, cementing his position as one of Kuwait's top equestrian talents.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store