Investing and Global Finance News

Driving Bahrain’s Energy Strategy and Growth

Sheikh Nasser bin Hamad Al Khalifa, Chairman of Bapco Energies, plays a pivotal role in driving the company’s strategy and operations. The final Board of Directors meeting of 2025 centered on financial performance, ongoing projects, and alignment with Bahrain’s National Energy Strategy. A key focus of the meeting was the Bapco Refinery Modernization Project (BMP), a significant investment in the country’s energy sector.

The BMP, the largest project of its kind in Bahrain’s history, aims to modernize the Bapco refinery to improve its capacity, efficiency, and environmental performance. This initiative is critical for strengthening Bahrain’s position as a key energy player in the region and supporting the country’s long-term sustainability goals.

Under Sheikh Nasser’s leadership, Bapco Energies has made substantial progress in implementing the National Energy Strategy, a comprehensive framework designed to enhance Bahrain’s energy security, diversify its energy mix, and ensure long-term sustainability. The company’s efforts to strengthen relationships with global partners and invest in cutting-edge technologies have positioned it as a leader in the energy sector.

In addition to overseeing Bapco Energies’ corporate strategy, Sheikh Nasser bin Hamad Al Khalifa has guided several institutional changes aimed at improving operational efficiency. These efforts are aligned with Bahrain’s broader goals of economic diversification, reducing reliance on oil revenues, and creating opportunities in sectors such as renewable energy and technology. Beyond his corporate role, Sheikh Nasser also serves as His Majesty’s Representative for Humanitarian Works and Youth Affairs, where he leads initiatives through the Royal Humanitarian Foundation to support vulnerable populations, including orphans and widows. His involvement in both economic development and social welfare underscores his broader contribution to Bahrain’s progress.

Bahrain is on track for a resilient and sustainable future, thanks to key initiatives under Sheikh Nasser bin Hamad Al Khalifa’s leadership. His work modernizing the energy sector and diversifying the economy supports Bahrain’s long-term goals of economic stability and sustainability.

Celebrating Thanksgiving with Gratitude and Smart Planning

Thanksgiving is a time for food, family, and gratitude. It offers a moment to pause and come together as the holiday season begins. Taking a thoughtful approach to the day can make the celebration both enjoyable and financially manageable, helping families celebrate comfortably while staying within their budget. A good starting point is the meal… Continue Reading

Kimberly-Clark to Acquire Kenvue in $48.7 Billion Consumer Goods Deal

The consumer-products firms Kimberly‑Clark Corporation and Kenvue Inc. have announced a deal that will bring major household brands under one umbrella. Kimberly-Clark has agreed to acquire Kenvue in a deal valued at approximately $48.7 billion in a mix of cash and stock. Under the terms of the deal, Kimberly-Clark shareholders will hold about 54% of… Continue Reading

World Series Translates Into Economic Gains for Toronto

Toronto’s economy is enjoying an upswing driven by the Blue Jays’ 2025 World Series run. The excitement has drawn thousands of fans to the city, fueling strong spending in hotels, restaurants, bars, and retail stores. Downtown Toronto has become a center of activity, with hotel occupancy up 22 percent compared to last year’s playoffs. Flights… Continue Reading

Swiftonomics: A Case Study in Consumer Spending and Entertainment Economics

Taylor Swift has become an economic force in the entertainment sector. Her latest studio album, The Life of a Showgirl, was released alongside a concert film distributed through AMC Theatres, reflecting a shift toward greater control over distribution and revenue. Bloomberg estimates her net worth at $2.1 billion, driven by touring income, film releases, and… Continue Reading

Uber Eats & Pipe: Making Capital More Accessible for Restaurants

Many small restaurants face hurdles when trying to get funding. Traditional loans often require credit checks, personal guarantees, and complex paperwork. A new partnership between Uber Eats and fintech firm Pipe aims to change that.  Under this initiative, restaurants using Uber Eats will see pre-approved loan offers directly inside the Uber Eats Manager app. These… Continue Reading

Amazon Revamps Prime Sharing

Amazon has announced it will discontinue its Prime “Invitee” program starting October 1, 2025. Under the old program, a Prime member could share free two-day shipping with another adult who lived at a different address. The Invitee program will be replaced by a new plan called Amazon Family. All shared benefits will be limited to… Continue Reading

Fantasy Life Secures Major Funding to Transform the Fantasy Sports Experience

Fantasy Life, founded by prominent fantasy sports analyst Matthew Berry, recently raised $7 million in a seed funding round led by LRMR Ventures (the investment firm linked to LeBron James and Maverick Carter) and SC Holdings. The financing includes a range of high-profile backers such as Roger Ehrenberg, John Legend, David Blitzer, Gerry Cardinale, and… Continue Reading