SUNDAY, JANUARY 12, 2020 03 Eight firms vying for contract to ‘construct Market’ Works Ministry has already launched the tender for the project

Hamad Town Central Market will be constructed in co-operation with the private sector. A view of Central Market. Although a tender was ac - to be completed. The development of mar- ing a study to see its viability and The Works Ministry cepted previously, it had to be The details were recently re- ket has been highly requested by usefulness. • dropped after the company in vealed after the seventh meeting citizens as the historic market “The Agriculture and Marine stated that it intends question violated the terms and of the Souq Develop- faced many limitations which Wealth Agency is looking at the to improve joint co- conditions for the tender. ment Committee, chaired by the irked the public. possibility of establishing a live- operation with the Subsequently, a new tender Chief Executive Officer of the 300 Works are expected to take stock market,” a ministry official private sector. has been launched and eight bids Tourism and Exhibi- stores in Manama Souq place in a 1660-square meter area. said. have been received. tions Authority (BTEA), Nader Al will be revamped as part “Twenty shops of the market The sources added that Minister The ministry stated that it Moayyed. of the facelift project. will be dedicated to fish section of Works, Municipalities Affairs Authorities revealed intends to improve joint co-op- During the meeting, members while meat and poultry section and Urban Planning Esam Khalaf that• the work towards eration with the private sector, of the committee discussed the will have 17 stores while remain- has asked for a detailed study. revamping the Jidhafs stating that there has been many latest developments of the Mana- ing will be for vegetable stores The minister added that the Central Market is successful projects managed by ma Souq project. They also visited and others.” proposed livestock market is investors under the umbrella and the souq to inspect and view the largest in the Kingdom, will be as The authorities also revealed planned to be built in Sitra area progressing well. supervision of the ministry. progress of the project including high as 85, authorities revealed. that Sitra market will undergo a near Bandar Al Dar. Meanwhile, work to revamp the improved storefronts and sig- The Ministry of Works, Munic- revamp and the project is now in The northern municipal coun- TDT | Manama the Manama Central Market is nage as well as the renovation of ipalities Affairs and Urban Plan- feasibility study. cil had requested the government gaining pace. the old buildings facade. ning and capital municipal are Meanwhile, it was recently an- to allocate land for livestock auc- ight firms are vying for the According to the ministry offi- In another development it was working hard to develop the mar- nounced that the government is tion. The ministry hopes that the contract to construct Ham- cials, the work is expected to be revealed that 85 shops will be ket to meet the demands made by studying the possibility of estab- market would be close to the of- Ead Town Central Market, completed by mid-2020. located in the revamped Jidhafs the citizens. lishing a new livestock market. ficial slaughterhouse of Bahrain. it is learnt. According to the officials, 300 Central Market. The development is at an early Officials from the Ministry of Once built, the market would The Works, Municipalities Af- stores in the souq will be re - Authorities have revealed that design stage and a consultancy Works, Municipalities and Ur- be under strict supervision from fairs and Urban Planning Min- vamped. the work towards revamping the firm is working hand in hand with ban Planning are mulling over the government to ensure no vi- istry is expected to construct Officials said that the project Jidhafs Central Market is pro- the authorities. the possibility of introducing a olations are committed, given the the market soon and the tender is divided into five stages. So far gressing well. The officials are currently de- livestock market. health and hygiene sensitivity of for the project has already been phase one has been completed, The total number of shops in termining the estimated cost of According to government such a market, the authorities launched. which means four stages remain the market, which is one of the the project, it is learnt. sources, the ministry is conduct- added.

Bahrain Fintech bay to host ‘OpenX Work opportunities for jobseekers discussed 2020’ open banking conference TDT | Manama the potential vulnerabilities of opening up access, and more. ahrain FinTech Bay will Additionally, successful case host “OpenX 2020” an The conference will studies on building and using BOpen Banking confer- host 25 plus speakers APIs at scale will be shared. ence held under the patronage and aims to attract over According to Economic De- of the Central Bank of Bahrain. 300 delegates. velopment Board, Bahrain is The conference will take still the largest financial centre ORGANISERS place at the Four Seasons Ho- in the GCC and it continues to tel, Bahrain Bay on Thursday, expand with increased levels February 27th from 8:00am- networking sessions creating an of employment and investment. 3:30pm. environment to connect with “Perhaps most importantly, The conference will host 25 peers and discuss crucial topics. we are a country defined by am- plus speakers and aims to at- The agenda includes keynote bitious digital transformation. tract over 300 delegates and speeches and various panels Transformation that includes will cover pertinent topics such highlighting the emergence of the disruption of traditional Mr Humaidan with Mr Ahmed. as regulations, monetization of a new regulatory banking land- financial services. For example, open banking, APIs and data scape, the global perspective the development of Bahrain’s Manama protection. and adoption of open banking, fintech ecosystem has been Prince Salman bin Hamad Al so as to attract investments and The platform will bring to- Open Banking in Practice, and a top priority and this builds abour and Social Devel- Khalifa, the Crown Prince, Depu- woo more companies that gener- gether leaders and innovators more. upon Bahrain’s position as a opment Minister Jameel ty Supreme Commander and First ate jobs for citizens. from top banks, payments, Fin- The panels will address leading and established finan- LHumaidan held a meeting Deputy Prime Minister to support The Minister of Transporta- Tech and big Tech companies several points such as how to cial services hub,” says a top with Transportation and Tele- the business environment in all tion and Telecommunications to discuss the latest insights maximise the strategic oppor- EDB executive. communications Minister Kamal productive sectors and integrate stressed the vital importance of in Open Banking technologies tunities of open banking: new Bahrain FinTech Bay, the re- Ahmed and discussed ways of jobseekers in the private sector. the steadily-growing sector, hail- and trends. products, business models, gion’s largest and first fintech benefiting from the opportunities Mr Humaidan stressed the im- ing the Government’s support to Attendees will have an op- and services, differentiating accelerator was launched to in this sector to provide jobs for portance of stepping all efforts to upgrade infrastructure and pro- portunity to meet potential cli- in an increasingly competitive boost the advancement of the citizens. support different economic and vide opportunities for business ents, partners and suppliers. In market, with new, non-finan- fintech activities in the King- The meeting followed the di- development sectors and remov- towards generating opportunities addition, the platform will host cial players, mitigating against dom. rectives of His Royal Highness ing all obstacles hindering them for citizens.