Bahraini Citizens Delivered Wide-Ranging Achievements: Deputy King

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Bahraini citizens delivered wide-ranging achievements: Deputy King

TDT | Manama of Bahraini citizens have de - livered wide-ranging national ahrain’s Economic Vi- achievements while expressing sion 2030, launched by his gratitude to citizens on their BHis Majesty King Hamad selfless contributions. bin Isa Al Khalifa, plays a key The Deputy King further role in achieving the Kingdom’s highlighted the positive results economic goals and meeting yielded by the implementation citizens’ aspirations, said HRH of the Fiscal Balance Programme Deputy King. and stressed the importance of His Royal Highness Prince continuing to achieve all of its Salman bin Hamad Al Khalifa initiatives and goals. His Majesty the King was visiting the Majlis of HE For their part, the Majlis Khalifa bin Ahmed Al Dhahrani, hosts and guests expressed arrives in Cairo the Majlis of the Kanoo fami- The Deputy King during a visit to a Majlis yesterday evening their gratitude to the Deputy ly, the Majlis of the late Ali bin King. TDT | Cairo Yousif Fakhroo, and the Majlis said, has enhanced the economic HRH the Deputy King noted further prosperity and security His Highness Shaikh Isa bin of the Al Mudaifa and Al Rahma and social security and provid- that the Kingdom’s commitment for all. Salman bin Hamad Al Khalifa is Majesty King Ham- families. ed promising opportunities for to achieving its forward-looking Prince Salman said that the accompanied His Royal High- Had bin Isa Al-Khalifa Vision 2030, Prince Salman Bahraini citizens. development goals will ensure ongoing collaborative efforts ness during the Majlis visits. yesterday arrived in Cairo to hold talks with Egyp - tian President Abdel Fattah el-Sisi. The two leaders will dis- Bahrain condemns ‘acts cuss strong historic and fra- ternal relations and also of sabotage’ against Arab, regional and international developments. HM the King was received commercial ships in UAE on arrival at the Cairo In- Dubai, United Arab Emirates “in all the measures it takes to ternational Airport by Pres- preserve its security and safe- ident el-Sisi and Bahrain ahrain yesterday strongly guard its interests.” Ambassador to Egypt. The Bcondemned the “acts of The statement also urged two leaders exchanged cor- sabotage” which targeted com- the international community dial talks about joint ties, at mercial and civilian vessels to assume its responsibility. the main airport protocols near the territorial waters of “Four commercial, civilian hall, before leaving in a mo- the United Arab Emirates in trading vessels of various na- torcade. the Gulf of Oman, east of Fu- tionalities this morning suf- In a statement on his jairah. fered acts of sabotage” off the arrival, HM the King ex- The Foreign Ministry, in UAE’s eastern coast, the UAE pressed delight at visiting a statement, denounced the foreign ministry said in a state- Egypt, hailing deep-rooted His Royal Highness the Prime Minister Prince Khalifa bin Salman Al Khalifa with Royal Family members and officials. criminal act saying, the acts ment. historic relations binding During the meeting, HRH the Premier affirmed that the development work is continuing to enhance the quality of are “aimed at threatening the It warned that “carrying out the two brotherly countries services provided to citizens in different villages and towns of Bahrain as well as the implementation of more projects security and stability of marine acts of sabotage on commercial and peoples. in the housing, health and education sectors. The Premier expressed pride in the success of the government-led navigation.” and civilian vessels and threat- HM stressed joint keen- village development programme that made the progress of villages similar to those in larger urban centres. “We have The ministry statement also ening the safety and lives of ness on consulting and dis- accomplished numerous housing achievements and we have succeeded in keeping up with the housing projects that affirmed Bahrain’s solidarity those on board is a serious de- cussing all bilateral, Arab provide citizens with all their needs,” said HRH the Prime Minister. with the United Arab Emirates velopment”. and regional issues as part of joint efforts aimed to consolidate security and stability in the region. Holy Quran Grand HM the King hailed the Prix final today pivotal and pioneering role of Egypt in consolidating Manama joint Arab action, protect pan-Arab security and ad- Budget approved he Ministry of Justice, vocating Arab causes at all TIslamic Affairs and En- regional and international dowments and the Supreme arenas. Shura Council denounces silence of those who are not committed to the national Council for Islamic Affairs will hold the concluding principles and achievements ceremony of the 24th edi- tion of the Bahrain Holy TDT | Manama Quran Grand Prix today at Ahmed Al Fateh Islam- Mohammed Zafran ic Centre, after Taraweeh DON’T MISS IT restructured 2019-2020 Prayer. national budget was The contest is held under Aapproved by the Shura the patronage of His Maj- Council members yesterday esty King Hamad bin Isa Al during its weekly session. Khalifa. 03 It’s a total waste The restructured budget was unanimously approved by all of Indians vote the 37 members present during the session. UN says pullout 04 in penultimate The approval came after hold- phase ing two-months of discussions A Shura Council session (file) from key Yemen over the budget. The primary aim, Shura ship and the people under the al principles and achievements. ports on track Shura Council member Dr Council Second Deputy chair- leadership of His Majesty King The Council stressed that Ithmaar Holding, Hodeida, Yemen Bank report Jihad al-Fadhel said that the man Hala Ramzi said, was bring- Hamad bin Isa Al Khalifa. religious figures and schol - 10 consensus was achieved after ing down the deficit keeping in The Council stressed the im- ars should, first and foremost, profit holding long deliberations on mind the future generations. portance of clear and responsi- support national stances given he United Nations said preserving the progress of the “It is our priority to ensure that ble patriotic stances “vis-à-vis the current circumstances and Tyesterday that a Yem- economy and cutting deficit. the future generations are not external interference aimed at challenges in the region and the eni rebel withdrawal from “The approved budget keeps burdened with debts.” undermining Bahrain’s sover- world. “They should encour- key Red Sea ports was pro- citizens on top of its priority and In a statement yesterday, the eignty, security and stability.” age commitment to our national ceeding as planned, after does not cut funding to any in- Shura Council lauded the strong The Council denounced the identity and allegiance to the the government accused tegral social support activities,” national unity, solidarity and apparent silence of some who homeland and the leadership,” insurgents of faking the Al Fadhel said. cohesion between the leader- are not committed to the nation- the Council added. pullout. MONDAY, MAY 13, 2019 02

Speaker of the Council of Representatives, Fawzia bint Abdulla Zainal with Public Transport Drivers Society (PTDS) Chairman, Mohammed Abdulla Al-Barboori, and members, in the presence of First Deputy Speaker, Abdulnabi Salman, and Second Deputy Speaker, Ali Zayed. Discussions focused on the role played by local societies and civil society organisations in promoting the democratic approach through their effective social duties.

HRH PM during a discussion with Commander of the United States Naval Forces Central Command and the US Fifth Fleet, Vice Admiral James J. Malloy at the Gudaibiya Palace PM hails Bahrain-US ties TDT | Manama States Naval Forces Central Com- The meeting also focused on mand and the US Fifth Fleet, Vice the latest regional and global de- is Royal Highness Prime Admiral James J. Malloy at the velopments, in addition to ways to Minister Prince Khali- Gudaibiya Palace in the presence strengthen the existing partner- Hfa bin Salman Al Khalifa of the US Ambassador to Bahrain, ship between the two countries yesterday lauded the role played Justin Siberell. in various fields. by the United States in supporting They discussed the long-stand- Vice Admiral James J. Malloy efforts to strengthen security and ing bilateral relations of friend- expressed sincere thanks and ap- stability across the region and the ship and cooperation, as well as preciation to HRH the Prime Min- world. ways to bolster them in various ister for his interest in developing There is a need to “enhancing fields. relations between the two friendly joint efforts and action through HRH the Prime Minister countries. The Permanent Mission of the Kingdom of Bahrain to the United Nations Office at Geneva has participated in international alliances to face var- stressed the depth of the solid He commended Bahrain’s ef- the 33rd session of the Working Group on the Universal Periodic Review of Human Rights. Bahrain is a member of the Human Rights Council, the Permanent Delegation of the Kingdom Bahrain, alongside two other country ious challenges aimed at subvert- strategic Bahrain-US relations forts to consolidate security and representatives served as rapporteurs (“troika”) for the review of Bhutan, including Argentina and Austria. ing security and stability,” said which, he said, “are based on the stability, and combat terrorism, The Kingdom submitted a final report to the Troika, including the recommendations resulting from this HRH the Premier. two friendly countries’ shared affirming his county’s keenness to review along with several key comments and observations drawn by the Troika in light of the positions of the The Prime Minister was meet- desire to achieve their common enhance relations with the king- countries present at the discussion of reviewing Bhutan. ing Commander of the United aspirations.” dom in various fields.

Al Baraka Banking Group (B.S.C.) INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS 31 March 2019 (Reviewed)

INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION INTERIM CONSOLIDATED STATEMENT OF INCOME At 31 March 2019 (Reviewed) For the three months ended 31 March 2019 (Reviewed) Audited Three months ended 31 March 2019 31 December 2018 31 March 2019 31 March 2018 US$ ’000 US$ ’000 US$ ‘000 US$ ‘000 ASSETS Cash and balances with banks 4,900,348 5,008,009 INCOME Receivables 10,162,694 10,303,868 Net income from jointly financed contracts and investments 342,486 330,164 Mudaraba and Musharaka financing 2,891,607 2,718,906 Ijarah Muntahia Bittamleek 1,768,934 1,770,833 Return on equity of investment accountholders before Group’s share as a Mudarib (297,063) (282,975) Investments 3,202,650 3,067,008 Group’s share as a Mudarib 82,758 96,567 Property and equipment 423,801 406,564 Return on equity of investment accountholders (214,305) (186,408) Other assets 612,130 556,050 TOTAL ASSETS 23,962,164 23,831,238 Group’s share of income from equity of investment accountholders (as a Mudarib and Rabalmal) 128,181 143,756 Mudarib share for managing off-balance sheet equity of investment accountholders 1,398 727 LIABILITIES, EQUITY OF INVESTMENT ACCOUNTHOLDERS AND OWNERS’ EQUITY Net income from self financed contracts and investments 46,029 75,504 Fees and commission income 40,051 50,279 LIABILITIES Other operating income 17,559 7,801 Customer current and other accounts 5,429,081 5,325,924 233,218 278,067 Due to banks 1,165,196 1,178,758 Profit paid on long term financing (16,852) (21,449) Long term financing 953,886 976,891 TOTAL OPERATING INCOME 216,366 256,618 Other liabilities 1,037,162 971,310 OPERATING EXPENSES Total liabilities 8,585,325 8,452,883 Staff expenses 84,245 89,446 Depreciation and amortisation 9,956 11,543 EQUITY OF INVESTMENT ACCOUNTHOLDERS 13,215,718 13,122,368 Other operating expenses 49,895 60,511 TOTAL OPERATING EXPENSES 144,096 161,500 OWNERS’ EQUITY Share capital 1,242,879 1,242,879 Treasury shares (9,040) (9,203) NET INCOME FOR THE PERIOD BEFORE NET ALLOWANCE FOR CREDIT LOSSES / IMPAIRMENT AND TAXATION 72,270 95,118 Share premium 18,720 18,829 Net allowance for credit losses / impairment (10,377) (13,475) Perpetual tier 1 capital 400,000 400,000 Reserves 166,939 165,551 NET INCOME FOR THE PERIOD BEFORE TAXATION 61,893 81,643 Cumulative changes in fair values 31,924 31,929 Foreign currency translations (928,276) (861,313) Taxation (20,677) (24,674) Retained earnings 541,547 519,587 NET INCOME FOR THE PERIOD 41,216 56,969 Proposed appropriations - 37,286 Attributable to: Equity attributable to parent’s shareholders and Sukuk holders 1,464,693 1,545,545 Equity holders of the parent 23,995 34,992 Non-controlling interest 696,428 710,442 Non-controlling interest 17,221 21,977 41,216 56,969 Total owners’ equity 2,161,121 2,255,987 Basic and diluted earnings per share - US cents 1.94 2.84 TOTAL LIABILITIES, EQUITY OF INVESTMENT ACCOUNTHOLDERS AND OWNERS’ EQUITY 23,962,164 23,831,238

INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN OWNERS’ EQUITY INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS For the three months ended 31 March 2019 (Reviewed) For the three months ended 31 March 2019 (Reviewed)

Equity attributable Three months ended to parent's shareholders Non-controlling 31 March 2019 31 March 2018 and Sukuk holders interest Total owner’s equity US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 At 1 January 2019 1,545,545 710,442 2,255,987 Net cash from (used in) operating activities 340,842 (34,487) Dividends (37,286) - (37,286) Net cash (used in) from investing activities (154,092) 154,255 Net movement in treasury shares 54 - 54 Net cash used in financing activities (76,795) (57,265) Net movement in other reserves 1,388 1,168 2,556 Foreign currency translation adjustments (82,669) (72,277) Net movement in cumulative changes in fair values (5) 60 55 Foreign currency translations (66,963) (15,707) (82,670) Net income for the period 23,995 17,221 41,216 NET CHANGE IN CASH AND CASH EQUIVALENTS 27,286 (9,774) Dividends of subsidiaries - (12,557) (12,557) Cash and cash equivalents at 1 January 2,917,794 2,861,182 Allocation of Zakah (2,235) - (2,235) Movement related to subsidiaries’ tier 1 capital 200 (4,607) (4,407) CASH AND CASH EQUIVALENTS AT 31 MARCH 2,945,080 2,851,408 Net movement in non-controlling interest - 408 408 At 31 March 2019 1,464,693 696,428 2,161,121

At 1 January 2018 1,740,205 770,456 2,510,661 Transition adjustment on adoption of FAS 30 as of 1 January 2018 (102,660) (49,177) (151,837) Restated balance as of 1 January 2018 1,637,545 721,279 2,358,824 Dividends (24,134) - (24,134) Bonus shares issued - - - Net movement in treasury shares (54) - (54) Saleh Abdullah Kamel Adnan Ahmed Yousif Net movement in cumulative changes in fair values 1,769 730 2,499 Foreign currency translations (48,772) (21,696) (70,468) Chairman Member of the Board and President and Chief Executive Net income for the period 34,992 21,977 56,969 Dividends of subsidiaries - (16,461) (16,461) Allocation of Zakah (3,962) - (3,962) Net movement in non-controlling interest - 50,000 50,000 At 31 March 2018 1,597,384 755,829 2,353,213

The above Interim Condensed Consolidated Financial Statements, have been extracted from the Interim Condensed Consolidated Financial Statements reviewed by Ernst & Young-Bahrain. These statements are available in full detail on the website indicated below.

Al Baraka Banking Group B.S.C. Your Partner Bank 3 continents 17 countries 700 branches Al Baraka Headquarters - Bahrain Bay, P.O. BOX 1882, Manama - Kingdom of Bahrain (Licensed as an Islamic Wholesale Bank by CBB) albaraka.com 03 MONDAY, MAY 13, 2019 big story It’s a total waste Manama produces 150 tonnes of food waste daily 150 tonnes of food was wasted in the Capital Governorate every day during the first three months of 2019

47,575 tonnes of domestic waste was collected by the Capital Municipality during the past three months

Representative picture

TDT | Manama ing Ramadan if people are not much food is being wasted and Mohammed Zafran cautious. The Capital Munici- what they can do to improve the early 150 tonnes of food pality collected 47,575 tonnes of situation,” the representative Households produce more was wasted in the Cap- domestic waste during the past said. ital Governorate every three months. N Northern governorate waste than industry day during the first three months of 2019, according to a statistics Plastic ranks second Meanwhile, the Northern gov- ahraini households are pro- Last year, of the total waste by the Capital Governorate. Plastic emerged as the second ernorate announced that 22000 Bducing more waste than the produced, 559,053 tonnes were “High amount of household most contributor to household tonnes of household waste were country’s commercial, industri- from households, 313,362 were waste was collected in the first waste. collected from there in the first al and green waste combined, commercial, 82,006 were in- three months of this year,” a mu- In response, the municipality two months of this year. according to the official sta- dustrial. Biodegradable green nicipality representative said. said it recently organised an ex- This is in addition to the 4,000 tistics. waste mainly agricultural, gar- “During analysis, it was found hibition to raise awareness on tonnes of construction waste The statistics released by the den or park waste, amounted that around 30 per cent of it was reducing food wastage at The and 6500 tonnes of agricul- Ministry of Works, Municipali- to 125,306. food waste.” Avenues Bahrain. tural waste collected during ties Affairs and Urban Planning The highest amount of waste The representative further “The aim was to raise aware- January and February from said that the country produc- produced was categorized as warned that this could rise dur- ness among families on how the Governorate. es around 1,700,100 tonnes of building waste, it amounted to waste a year. 684,610 tonnes.

In pictures, an awareness event held in The Avenues Bahrain Bhora Community distributes food packages to 400 labourers

TDT/Manama worldwide Dawoodi Bohra com- Harpreet Kaur munity.” ameat-ul-Bohra Islamia also “As the name suggests, its core Jknown as the Bhora Commu- aim is to raise and elevate socie- nity in the Kingdom distributed ty’s less fortunate in every aspect Food packages containing rice, of life where no individual is pulses, milk powder, tea bags, “The event was taken up by neglected overlooked or mar- sugar, salt, spices and oil bottles a sub-sect of the communi - ginalised”. to 400 labourers in three Labour ty named “Dana Committee” “Project Rise deals with a Camps. which translates to “Food Grain wide spectrum of initiatives “Community members dis- committee” that is solely com- and activities including but not tributed food to 400 people at mitted to zero wastage by dis- limited to healthcare, nutrition, three labour camps located in tributing excess food.” hygiene, environmental respon- Sitra,” Dawood Fakhruddin, “The event comes under the sibility and conservation as well Dana committee coordinator banner Project Rise, which is a as education,” said Dawood told Tribune, philanthropic initiative by the Fakhruddin. In pictures, Bhora Community members distributing food packages

DTN_03_03082018.pdf 04 MONDAY, MAY 13, 2019

INTERIM CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 31 MARCH 2019

INTERIM CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION INTERIM CONDENSED CONSOLIDATED INCOME STATEMENT (Expressed in thousands of United States Dollars unless otherwise stated) (Expressed in thousands of United States Dollars unless otherwise stated)

The above Interim Condensed Consolidated Statement of Financial Position, Interim Condensed Consolidated Income Statement, Interim Condensed Consolidated Statement of Changes in Owners’ Equity and Interim Condensed Consolidated Statement of Cash Flows have been extracted from the Interim Condensed Consolidated Financial Information of Ithmaar Holding B.S.C. for the three month period ended 31 March 2019, which were approved for issue by the Board of Directors and reviewed by PricewaterhouseCoopers ME Limited, Kingdom of Bahrain, who expressed an unqualified review conclusion on 12th May 2019.

HRH Prince Amr Mohamed Al Faisal Elham Hasan Ahmed Abdul Rahim Chairman Director CEO

Ithmaar Holding B.S.C., C.R.: 15210-20, P.O. Box 2820, Seef District, Kingdom of Bahrain. Tel: (+973) 17584000, Fax: (+973) 17584017, Website: www.ithmaarholding.com

Licensed as an Investment Firm Category 1 by the Central Bank of Bahrain 04 MONDAY, MAY 13, 2019 05 MONDAY, MAY 13, 2019

INTERIM CONDENSED CONSOLIDATED FINANCIAL RESULTS FOR THE THREE MONTHS ENDED 31 MARCH 2019 world

Three months ended At 31 March 2019 At 31 December 2018 At 31 March 2018 (Reviewed) (Audited) (Reviewed) 31 March 2019 31 March 2018 (Reviewed) (Reviewed) ASSETS INCOME Cash and balances with banks and central banks 594,894 596,234 583,478 Income from unrestricted investment accounts 50,250 42,467 Commodity and other placements with banks, 498,425 285,627 444,563 Less: return to unrestricted investment accounts and impairment provisions (33,090) (24,976) financial and other institutions Indians vote in penultimate phase Group’s share of income from unrestricted investment accounts as a Mudarib 17,160 17,491 Murabaha and other financings 3,160,251 3,264,865 3,535,510 Income from murabaha and other financings 46,123 34,468 Reuters | New Delhi Musharaka financing 554,811 495,626 391,805 as signs Modi’s Bharatiya Ja - going to win.” rity,” said a 36-year-old first-time Share of profit after tax from associates 9,251 27,748 Investment in mudaraba 5,760 5,760 5,695 oters in north India lined nata Party (BJP) may be losing Some voters in the capital, voter who declined to be named. Income from investments 25,351 26,292 up early yesterday to ground and have begun nego- New Delhi, said they were back- “The de-monetisation has af- Sukuk and investment securities 1,114,482 1,756,695 1,455,469 Other income 28,082 8,150 cast their ballots in the tiations over a post-election al- ing Modi because they were won fected jobs growth, but over time Investment in associates 586,334 611,194 592,593 Total income 125,967 114,149 V second-to-last round of a sev- liance even before polling ends over by his tough stance on se- the positive effects of GST and Restricted investment accounts - - 72,103 Less: profit paid to banks, financial and other institutions - net (49,892) (41,992) en-phase general election, with on May 19. Votes will be counted curity. de-monetisation would take care Assets acquired for leasing 406,363 410,765 384,587 Operating income 76,075 72,157 Prime Minister Narendra Modi on May 23. Indian warplanes attacked of jobs,” he said. Insurance and related receivables 128,598 120,034 - EXPENSES facing a diverse group of opposi- The president of the main op- what the government said was Political analysts say state- Other assets 248,489 211,319 229,523 Administrative and general expenses (46,588) (42,981) tion parties seeking to deny him position Congress party, Rahul a terrorist training camp in Pa- based and caste-driven parties Investment in real estate 259,315 270,066 249,307 Depreciation and amortization (7,572) (11,093) a second term. Gandhi, said the main issues in kistan in February, soon after a could be decisive in determining Development properties 269,388 269,388 - Total expenses (54,160) (54,074) More than 100 million people the election were unemploy- suicide car bomb attack in the the make-up of the next gov - across seven states were voting ment, economic hardship in the disputed Kashmir region killed ernment. “Regional parties will Assets classified as held-for-sale - - 66,267 Net income before provision for impairment and overseas taxation 21,915 18,083 on Sunday. The 39-day-long poll countryside, the de-monetisa- 40 police officers. play a bigger role compared to Fixed assets 65,396 63,216 120,242 Provision for impairment – net (4,366) (5,998) kicked off on April 11 with Modi tion of bank notes and a new The aggressive response the previous 5 years or even 15 Intangible assets 124,261 127,867 159,751 Net income before overseas taxation 17,549 12,085 as front-runner after an escala- sales tax. stirred nationalist passions that years,” said K.C. Suri, a political Total assets 8,016,767 8,488,656 8,290,893 Overseas taxation (8,929) (7,274) tion of tension with neighbour- “It was a good fight,” Gandhi pollsters said could favour Modi science professor at the Univer- LIABILITIES, EQUITY OF UNRESTRICTED INVESTMENT NET INCOME FOR THE PERIOD 8,620 4,811 ing Pakistan. A girl looks at an armed security person standing guard as her mother waits in a said after he cast his vote. in the election. sity of Hyderabad. “They will ACCOUNTHOLDERS, MINORITY INTEREST AND OWNERS’ Attributable to: But opposition parties have queue to cast her vote outside a polling station during the sixth phase of general “Narendra Modi used hatred, “I have voted for Modi’s sound regain their importance in na- EQUITY Equity holders of Ithmaar 7,106 1,655 taken heart at what they see election in Sepahijala district in Tripura we used love. And I think love is foreign policy and national secu- tional politics.” Customers’ current accounts 1,559,733 1,476,108 1,715,821 Minority interests 1,514 3,156 Due to banks, financial and other institutions 1,071,305 1,541,346 1,082,017 8,620 4,811 Due to investors 1,699,151 1,694,977 1,806,679 Basic and diluted earnings per share US cts 0.24 US cts 0.06 Other liabilities 462,754 566,122 466,325 Insurance related reserves 136,659 134,873 - Myanmar plane in emergency touchdown as landing gear fails Total liabilities 4,929,602 5,413,426 5,070,842 Equity of unrestricted investment accountholders 2,628,748 2,622,311 2,823,584 INTERIM CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS Yangon, Myanmar (Expressed in thousands of United States Dollars unless otherwise stated) UB-103 -- an Embraer-190 model pilot tried repeatedly to drop the are now sending engineers to Minority interest 337,894 336,563 162,991 -- was grounded at around 9 am landing gear at the front of the Mandalay to check on the air- Total liabilities, equity of unrestricted investment Three months ended Myanmar pilot saved the in Mandalay (0230 GMT), a city plane -- first through its comput- craft, Ye Htut Aung said, add- accountholders and minority interest 7,896,244 8,372,300 8,057,417 Aday after his aircraft’s popular among foreign tourists, er system, then manually. ing that all jets get a daily flight Share capital 757,690 757,690 757,690 31 March 2019 31 March 2018 landing gear failed, forcing the with all 89 people on board in- “They tried hard twice by fly- check. Passenger Soe Moe said: (Reviewed) (Reviewed) Treasury shares (30,149) (30,149) (30,149) jet into an emergency landing cluding seven crew members, ing around twice and asked to “Smoke came out a little when Reserves 137,351 140,290 231,774 OPERATING ACTIVITIES with no front wheels on Sunday safe. An unverified video circu- check whether the nose wheel we landed... All passengers are Accumulated losses (744,369) (751,475) (725,839) Net income before overseas taxation 17,549 12,085 morning, an official said. lated on social media showing a dropped or not,” Ye Htut Aung okay.” The incident comes just Total owners’ equity 120,523 116,356 233,476 The nailbiting touchdown -- graceful landing before the nose said, calling it a “technical fault”. days after a Biman Bangladesh Adjustments for: in which nobody was injured of the jet tipped over and ground “So they had to land with the Airlines plane crash-landed and Total liabilities, equity of unrestricted investment Depreciation and amortization 7,572 11,093 accountholders, minority interest and owners’ -- was the second instance of to a halt. back wheels... The pilot could slid off a runway while landing equity 8,016,767 8,488,656 8,290,893 Share of profit after tax from associates (9,251) (27,748) a malfunctioning flight in less Ye Htut Aung, deputy director land it skillfully,” he said. “There in Yangon airport during a storm A general view shows a Myanmar National Airlines passenger plane after an Provision for impairment – net 4,366 5,998 than a week within the country. general of Myanmar’s Civil Avi- were no casualties.” on Wednesday, leaving 11 pas- The Myanmar Airlines flight ation Department, told AFP the emergency landing at Mandalay international airport Myanmar National Airlines sengers injured. INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN OWNERS’ EQUITY Income from other investments (25,351) (26,292) FOR THE THREE MONTH PERIOD ENDED 31 MARCH 2019 Loss on sale of fixed assets 28 43 (Expressed in thousands of United States Dollars unless otherwise stated) Operating income/(loss) before changes in operating (5,087) (24,821) assets and liabilities Reserves Sri Lanka town under curfew after attacks Investment Investments in real estate Foreign Balances with banks maturing after ninety days and including with central Share Treasury Share Statutory General fair value fair value currency Total Accumulated Total owners’ banks relating to minimum reserve requirement (1,091) (12,321) Colombo, Sri Lanka after a resident misunderstood capital shares premium reserve reserve reserve reserve translation reserves losses equity Changes in operating assets and liabilities: a Facebook post as a threat ri Lankan troops in a north- against Christians. At 1 January 2019 (Audited) 757,690 (30,149) 149,085 38,418 50,727 (6,924) 3,187 (94,203) 140,290 (751,475) 116,356 Murabaha and other financings 103,102 (131,567) Sern town fired shots into the Gunasekera said said the cur- Net income for the period ------7,106 7,106 Musharaka financing (62,965) (39,777) air and police imposed a curfew few would be lifted at dawn Movement in fair value of sukuk and investment securities - - - - - (834) - - (834) - (834) Other assets (4,301) (11,608) Sunday after mobs attacked a today. The latest unrest came BAHRAIN AIRPORT COMPANY (S.P.C.) wishes to invite proposals for the following Public Tender: mosque, in renewed religion as Catholic churches resumed Movement in fair value of investment Customers’ current accounts 91,003 (15,421) in real estate ------794 - 794 - 794 tensions in the wake of the their public Sunday masses for Due to banks, financial and other institutions (467,779) (46,296) Tender Closing Movement in fair value of associates - - - - - (2,367) - - (2,367) - (2,367) Easter terror attacks. the first time after the April Tender Initial Foreign currency translation adjustments - - - - - 6 (291) (247) (532) - (532) Due to investors 16,508 (19,028) Police spokesman Ruwan 21 bombings at three churches Tender Title Tender No. Doc. Fees Bond Day/ Date Time At 31 March 2019 (Reviewed) 757,690 (30,149) 149,085 38,418 50,727 (10,119) 3,690 (94,450) 137,351 (744,369) 120,523 Other liabilities (98,275) 43,477 Gunasekera said that the mobs and three luxury hotels left 258 in Chilaw, 80 kilometres (50 people dead. Supply And Installation Increase in equity of unrestricted investment accountholders 11,779 13,957 BD 15 miles) north of the capital The attacks were blamed on a of Furniture for BAC BAC/IDM/65/2019 BD 500 4 th June 2019 1:30 non-refundable pm Taxes paid (10,025) (15,669) Colombo, also attacked Mus- local group which had pledged Offices At Wing D INTERIM CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN OWNERS’ EQUITY Net cash used in operating activities (427,131) (259,074) lim-owned businesses. an oath of allegiance to Abu FOR THE THREE MONTH PERIOD ENDED 31 MARCH 2018 The violence erupted in Chi- A Sri Lankan Army soldier stands Bakr al-Baghdadi, the leader of INVESTING ACTIVITIES guard outside the St. Theresa’s church (Expressed in thousands of United States Dollars unless otherwise stated) law, a Catholic-majority town, the Islamic State group. Companies with the required experience are kindly requested to collect the appropriate tender Net changes in: Documents at Bahrain Airport Company (Building 124, Road 2403, Muharraq 224 Gulf Air Building Reserves Investment Assets acquired for leasing 4,402 (36,827) 1st Floor Wing B) Procurement Department Tel: 17353258, 17353296 during the following working Investments in real estate Foreign hours (8:00am – 2:00pm) after payment of tender fees specified above. Share Treasury Share Statutory General fair value fair value currency Total Accumulated Total owners’ Sukuk and investment securities 652,800 365,764 capital shares premium reserve reserve reserve reserve translation reserves losses equity Sale/(purchase) of fixed assets (4,444) 2,466 Deposit each Tender Submission in the tender box provided at the Bahrain Airport Company, At 1 January 2018 (Audited) 757,690 (30,149) 149,085 38,418 50,727 38,773 3,450 (46,692) 233,761 (605,972) 355,330 Net cash provided by investing activities 652,758 331,403 Impact of FAS 30 ------(121,522) (121,522) Procurement Department on the above closing date before 01:30 pm. Along with an initial bond for FINANCING ACTIVITIES the amount specified above or at the rate of 1% of the quotation value whichever amount is the Revised balance at 1 January 2018 757,690 (30,149) 149,085 38,418 50,727 38,773 3,450 (46,692) 233,761 (727,494) 233,808 Minority interest 532 - lesser, provided that no initial Bond’s value shall be less than BD 500/-, in the form of a Certified Cheque, Bank Guarantee or Insurance Policy valid for the duration specified in the tender Net income for the period ------1,655 1,655 Net cash provided by financing activities 532 - documents. Movement in fair value of sukuk and Foreign currency translation adjustments (14,216) (12,164) investment securities - - - - - 1,771 596 - 2,367 - 2,367 Net increase in cash and cash equivalents 211,943 60,165 Movement in fair value of associates - - - - - (270) - - (270) - (270) Articles of the Decree by Law No. 36 for 2002, regarding the regulation of Government Tenders and Cash and cash equivalents at the beginning of the period 641,151 792,217 Foreign currency translation adjustments - - - - - (10) (803) (3,271) (4,084) - (4,084) Purchases, together with its executive regulations issued in Decree No. 37 for 2002, must be At 31 March 2018 (Reviewed) 757,690 (30,149) 149,085 38,418 50,727 40,264 3,243 (49,963) 231,774 (725,839) 233,476 Cash and cash equivalents at the end of the period 853,094 852,382 observed www.tenderboard.gov.bh

The following conditions must also be observed: The above Interim Condensed Consolidated Statement of Financial Position, Interim Condensed Consolidated Income Statement, Interim Condensed Consolidated Statement of Changes in Owners’ Equity and Interim Condensed Consolidated Statement of Cash Flows have been extracted from the Interim Condensed Consolidated Financial Information of Ithmaar Holding B.S.C. for the three month period ended 31 March 2019, which were approved for issue by the Board of Directors and reviewed by PricewaterhouseCoopers ME Limited, Kingdom of Bahrain, 1. Enclose a copy of the Commercial Registration Certiﬁcate for the current year, which must who expressed an unqualified review conclusion on 12th May 2019. include the Tender Subject as one of its activities. 2. Submit their Proposed Minimum Annual Guarantee and Proposed Fee Percentage (according to conditions) as per the criteria outlined. 3. Enclose a copy of a valid Certiﬁcate of Compliance with the Employment Percentage for Bahraini HRH Prince Amr Mohamed Al Faisal Elham Hasan Ahmed Abdul Rahim Manpower issued by Ministry of Labour. Chairman Director CEO 4. All documents submitted as part of the tender (original or copies) must bear the stamp of the bidding Company / Establishment. 5. Kindly provide a business card when collecting the RFP document

This advertisement is considered as complementary to the Tender Documents. Ithmaar Holding B.S.C., C.R.: 15210-20, P.O. Box 2820, Seef District, Kingdom of Bahrain. Tel: (+973) 17584000, Fax: (+973) 17584017, Website: www.ithmaarholding.com

Licensed as an Investment Firm Category 1 by the Central Bank of Bahrain MONDAY, MAY 13, 2019 06

Bangladesh rescues 23 Rohingya girls from traffickers Pakistan PM slams attack as bid to damage economy Islamabad, Pakistan Desperate for a better life and an economic future, refugees in Bangladesh security forces. including in particular teenage girls easily fall prey to human traffickers n attack on a luxury hotel “All four terrorists were killed roaming in the overcrowded camps in the southwestern city and security forces had taken of Gwadar was a bid to Such attempts complete control of the hotel A especially in Dhaka, Bangladesh teenagers hiding in a room be- “sabotage prosperity”, Pakistani building,” a local police official hind a tailoring shop. prime minister Imran Khan said Balochistan are an in Gwadar said via telephone. wenty-three teenage Ro- “They were promised jobs yesterday, as police confirmed effort to sabotage our His account was confirmed Thingya girls were rescued in Malaysia and brought from all the attackers had been killed. economic projects by a security source in Islam- after being brought from refu- refugee camps in Cox’s Ba - At least one person was shot and prosperity. We abad. The military had said on gee camps to the capital Dhaka zar,” he said, referring to the dead Saturday after gunmen shall not allow these Saturday that there were three to be sent to Malaysia by air, Rohingya settlements in Bang- stormed a luxury hotel in the gunmen. Bangladesh police said yes- ladesh’s southeastern coastal southwestern Pakistani city of agendas to succeed Mohammad Aslam, a police terday. district. Gwadar, the centrepiece of a official in Gwadar, told AFP Sat- Dhaka police also arrested The girls -- aged between multi-billion dollar Chinese in- IMRAN KHAN urday that only staff were pres- four human traffickers includ- 15 and 19 -- could have been frastructure project. ent in the building at the time of PAKISTANI PRIME MINISTER ing a Rohingya couple and re- potential victims of forced A Baloch separatist group, the the attack. covered over 50 Bangladeshi prostitution, the official Balochistan Liberation Army The BLA is one of a myriad passports from them on Sat- said. (BLA), claimed responsibility for of insurgent groups fighting in urday. “We have filed cases against the attack via Twitter. these agendas to succeed,” Khan demned the incident. tightly-guarded Balochistan Police spokesman Mokh- the four arrested persons and “Such attempts especially in said in a statement issued by his Local police said four gun- province, which has been lesur Rahman said they raid- sent the girls back to their Balochistan are an effort to sab- office. men who had stormed the hotel, rocked by separatist, Islamist ed a residence in the northern camps in Cox’s Bazar,” Rah- otage our economic projects and The Chinese embassy in shooting dead a security guard, and sectarian violence for part of the city and found the man said. prosperity. We shall not allow Islamabad also strongly con- had been killed overnight by years. Gunmen kill six during mass in Burkina Faso church

Ouagadougou, Burkina Faso small cafe before heading to the pastor and five worshippers. them of having collaborated local health centre, which they Burkina Faso has suffered with the authorities. unmen killed a priest and looted, burning the chief nurse’s from increasingly frequent and Religious leaders are not the five parishioners during vehicle. deadly attacks attributed to a only people targeted by the Gmass Sunday in an attack “There is an atmosphere of number of jihadist groups, in- extremists. Last month, jihad- on a Catholic church in Dablo, panic in the town,” said Zongo. cluding the Ansarul Islam group, ists attacked a village school northern Burkina Faso, security “People are holed up in their the Group to Support Islam and in Maitaougou, in the eastern sources and a local official said. homes, nothing is going on. The Muslims (GSIM) and Islamic province of Koulpelogo, killing “Towards 9:00 am, during shops and stores are closed. It’s State in the Greater Sahara. five teachers and a municipal mass, armed individuals burst practically a ghost town,” he The raids began in 2015 in worker. into the Catholic church,” the added. the north before targeting the Former colonial ruler France mayor of Dablo, Ousmane Zon- Security reinforcements were capital Ouagadougou and other has deployed 4,500 troops in go, told AFP. “They started firing sent from Barsalogho, about 45 regions, notably in the east. Mali, Burkina Faso, Niger as the congregation tried to flee.” kilometres (30 miles) south of Nearly 400 people have been and Chad in a mission code - The attackers -- between 20 Dablo, and were combing the Representative picture killed since 2015 -- mainly in named Barkhane to help lo - and 30 according to a security area, a security source told AFP. hit-and-run raids -- according cal forces flush out jihadist source -- managed to trap some Dablo is located in the northern The operation was ordered woman and a South Korean. to an AFP tally. groups. of the worshippers, Zongo add- province of Sanmatenga. to free French hostages Patrick Jihadist groups target both Around 4.3 million people ed. “They killed five of them. The attack came two days af- Picque and Laurent Lassimouil- Christian, clerics targeted Muslim and Christian clerics, have been driven from their The priest, who was celebrating ter French special forces freed las who disappeared while on Sunday’s church strike came mainly in the north. homes in the worsening violence mass, was also killed, bringing four foreign hostages in the holiday in the remote Pendjari two weeks after a similar attack According to security sources, that has engulfed the entire Sa- the number of dead to six.” north of the country in an over- National Park in Benin on May 1. against a Protestant church in the jihadists do not consider cer- hel region, including one million The gunmen then set fire to night raid that cost the lives of The team also found two other Silgadji, also in the north, when tain Muslim clerics sufficiently over the past year, according to the church, several shops and a two soldiers. female captives, an American gunmen on motorbikes killed a radical and sometimes accuse UN humanitarian officials.

Landmine explosion kills seven children in Afghanistan Lithuanians elect new president Vilnius, Lithuania Ghazni, Afghanistan tipped as a contender to be the least four of them belonged to next president of the European one family. ithuanians voted for a Council. landmine explosion Years of conflict have left Af- Lnew president on Sunday But pre-election surveys Akilled seven children and ghanistan strewn with landmin- with concerns over income suggest only three stand a wounded two others in south- es, unexploded mortars, rockets inequality and poverty dom- chance of making it to an ex- ern Afghanistan on Saturday, and homemade bombs -- and inating round one of a tight pected May 26 run-off that officials said, as war ord - many are picked up by curious race in the Baltic eurozone would coincide with European nance again claimed civilian children. state. Parliament elections. lives. Last month, seven children Voter turnout tallied at 56.45 Centre-left Prime Minis- The blast occurred in Ghazni were killed and 10 more wound- percent at the close of voting ter Saulius Skvernelis, con- province, south of the capi - ed in the eastern province of on Sunday, according to the servative ex-finance minister tal Kabul, when the children Laghman when a mortar shell Central Elections Commis- Ingrida Simonyte and inde- stepped on a landmine while exploded while they were play- sion, which also said it expect- pendent economist Gitanas playing near a main road, pro- ing with it. ed to publish partial official Nauseda lead the pack, and vincial spokesman Aref Noori According to the United Na- results in the night or early on each has focused primar - said. Afghan security forces stand at the site of an attack by Taliban militant tions, 3,804 civilians -- including Monday. ily on bread and butter “The mine was planted by the more than 900 children-- were Nine candidates are vy - issues. Taliban on a main road to inflict comment. flict casualties on civilians. killed in Afghanistan in 2018, ing to succeed two-term in- Simonyte is popular with casualties on security forces,” The insurgents often use Amanullah Kamrani, a mem- with another 7,000 wounded. dependent incumbent Dalia wealthy, educated urban vot- he said. roadside bombs and landmines ber of Ghazni provincial coun- It was the deadliest year to date Grybauskaite. The politician ers while Skvernelis’ populist The Taliban did not immedi- to target Afghan security forces, cil, said the children were aged for civilians in Afghanistan’s nicknamed the “Iron Lady” approach resonates with the ately respond to a request for but the lethal weapons also in- between seven and nine and at conflict. for her strong resolve has been rural poor. MONDAY, MAY 13, 2019 MONDAY, MAY 13, 2019 06 07

Bangladesh rescues 23 Rohingya girls from traffickers Pakistan PM slams attack Hindujas top 2019 list of Britain’s wealthiest London, United Kingdom the queen would still sit at -- or Rich List 2019 top 10 be very close to -- the top of the £22.0bn -- Sri and Gopi Hinduja (industry, finance) he Hinduja brothers are Rich List, a position she occu- £18.7bn -- David and Simon Reuben (property, internet) as bid to damage economy once again the wealthiest pied from 1989 to 1994.” Tpeople in Britain, accord- The sovereign is the £18.2bn -- Jim Ratcliffe (chemicals) Islamabad, Pakistan ing to The Sunday Times news- 17th-wealthiest aristocrat in £14.4bn -- Len Blavatnik (investment, music, media) Desperate for a better life and an economic future, refugees in Bangladesh security forces. paper’s Rich List 2019. Britain, with the Duke of West- £12.6bn -- James Dyson and family (household goods, technology) including in particular teenage girls easily fall prey to human traffickers n attack on a luxury hotel “All four terrorists were killed London-based Sri and Gopi minster and the Grosvenor roaming in the overcrowded camps in the southwestern city and security forces had taken Hinduja, of the sprawling Hin- family coming top with £10.1 £12.3bn -- Kirsten and Jorn Rausing (inheritance, investment) of Gwadar was a bid to Such attempts complete control of the hotel duja Group of companies, have billion. They own 300 acres £12.0bn -- Charlene de Carvalho-Heineken (inheritance, brewing, banking) A especially in Dhaka, Bangladesh teenagers hiding in a room be- “sabotage prosperity”, Pakistani building,” a local police official a fortune worth £22.0 billion (120 hectares) of prime central £11.3bn -- Alisher Usmanov (mining, investment) hind a tailoring shop. prime minister Imran Khan said Balochistan are an in Gwadar said via telephone. ($28.6 billion, 25.5 billion euros), London. wenty-three teenage Ro- “They were promised jobs yesterday, as police confirmed effort to sabotage our His account was confirmed up £1.4bn on last year. The 28-year-old duke topped £11.2bn -- Roman Abramovich (oil, industry) Thingya girls were rescued in Malaysia and brought from all the attackers had been killed. economic projects by a security source in Islam- The Indian-born brothers pre- the young rich list of people un- £10.9bn -- Mikhail Fridman (industry) after being brought from refu- refugee camps in Cox’s Ba - At least one person was shot and prosperity. We abad. The military had said on viously topped the respected der 30, which included singer gee camps to the capital Dhaka zar,” he said, referring to the dead Saturday after gunmen shall not allow these Saturday that there were three annual Rich List, which ranks Ed Sheeran in fifth place with to be sent to Malaysia by air, Rohingya settlements in Bang- stormed a luxury hotel in the agendas to succeed gunmen. the 1,000 wealthiest people in Brothers Srichand and Gopichand Hinduja have a combined net worth of £22bn, £160m -- the highest without (£583m), Elton John (£320m) prime minister. Bangladesh police said yes- ladesh’s southeastern coastal southwestern Pakistani city of Mohammad Aslam, a police Britain, in 2014 and 2017. the Sunday Times estimates inherited wealth -- golfer Rory and Mick Jagger (£275m). Prime Minister Theresa terday. district. Gwadar, the centrepiece of a official in Gwadar, told AFP Sat- Jim Ratcliffe, the boss of pet- McIlroy sixth with £138m, foot- The Sunday Times said that May’s “zombie government has Dhaka police also arrested The girls -- aged between multi-billion dollar Chinese in- IMRAN KHAN urday that only staff were pres- rochemicals firm Ineos, fell from tion as he prepares to move Dy- tied to the crown -- remained baller Gareth Bale seventh with after a year of turmoil on the convinced many of Britain’s four human traffickers includ- 15 and 19 -- could have been frastructure project. ent in the building at the time of first place to third after a report- son’s head office from England at £370 million, making her the £94m and actor Daniel Radcliffe stock market, the super-rich wealthy that an ardent Marxist PAKISTANI PRIME MINISTER ing a Rohingya couple and re- potential victims of forced A Baloch separatist group, the the attack. ed £2.9bn drop to £18.15bn. to Singapore. joint 356th-richest person in her eighth with £90m. now feared the prospect of the is now within touching distance covered over 50 Bangladeshi prostitution, the official Balochistan Liberation Army The BLA is one of a myriad The list features a record 151 The Brexit-backing business- kingdom. Footballer Sergio Aguero and main opposition Labour Party of Downing Street,” the broad- passports from them on Sat- said. (BLA), claimed responsibility for of insurgent groups fighting in sterling billionaires with a com- man climbed seven places to be- “We take the view that the singer Harry Styles rounded out coming to power and forming a sheet said. urday. “We have filed cases against the attack via Twitter. these agendas to succeed,” Khan demned the incident. tightly-guarded Balochistan bined wealth of nearly £525 bil- come the fifth-richest person in Crown Estate belongs to the the top 10 with £58m. hard-left government. “We have spoken to individ- Police spokesman Mokh- the four arrested persons and “Such attempts especially in said in a statement issued by his Local police said four gun- province, which has been lion -- a 9.2 percent rise on last Britain with an estimated £12.6 state and is not a personal asset,” Britain and Ireland’s wealthi- It said they were planning to uals on this list who are now lesur Rahman said they raid- sent the girls back to their Balochistan are an effort to sab- office. men who had stormed the hotel, rocked by separatist, Islamist year. billion. The Sunday Times said. est rock star fortunes are those pull billions of pounds out of moving family trusts overseas ed a residence in the northern camps in Cox’s Bazar,” Rah- otage our economic projects and The Chinese embassy in shooting dead a security guard, and sectarian violence for Inventor James Dyson Queen Elizabeth II’s person- “Were it to be counted (as it of Paul McCartney and his wife Britain in the event of Labour and arranging for properties to part of the city and found the man said. prosperity. We shall not allow Islamabad also strongly con- had been killed overnight by years. reached his highest-ever posi- al wealth -- as apart from that once was), it is most likely that Nancy Shevell (£750m), U2 leader Jeremy Corbyn becoming be owned by offshore entities.” Gunmen kill six during mass in Burkina Faso church

trends that will benefit the Republican Party as long as it maintains its hold on the least populated states and will burden the Democratic Party as long as it represents most of the densest, most diverse and fastest-growing major metropolitan areas in The Senate the country. JAMELLE BOUIE In 1790, the largest state was Virginia, with 747,610 people, and the smallest was he Senate is a problem for Democrats. Delaware, with 59,094 people. Because of Well, it’s two problems. the Senate’s equal representation of states, T The first is short term. The odds Delawareans had more than 12 times the that the Democratic Party will win a Senate voting power of Virginians — a large disparity, is as much majority in 2020 are slim. To get to 50 seats but not a yawning one. Today, the largest state — which is enough only if they win the White is California, with nearly 40 million residents, House — they need a net gain of three seats. and the smallest is Wyoming, with just under US President Donald Trump (C) speaks during event on But while there are 22 Republicans up for 600,000 people, a disparity that gives a per- ending surprise medical billing at the White House re-election next year, only two of them are in son in Wyoming 67 times the voting power Democratic-leaning states, and one of those of one in California. get worse, as whites become a plurality of incumbents — Susan Collins of Maine — is These population disparities will only get all Americans but remain a majority in most incredibly popular with her constituents. worse. By 2040, according to an analysis of states. of a problem There are almost-swing states that Demo- Census Bureau data by the Weldon Cooper The Republican coalition of rural whites, crats could win, but the strongest candidates Centre for Public Service at the University of exurban whites and anti-tax suburbanites have either declined to run (Stacey Abrams of Virginia, half the population will live in eight may not be large enough to win the national Georgia) or set their eyes on the presidency states, with eight other states representing popular vote in a head-to-head matchup with (Beto O’Rourke and Julián Castro of Texas). the next 20 percent of the population. The Democrats. But it covers a much larger part And there are states that Democrats hold, like remaining 34 states will hold 30 percent of of the country’s landmass, giving it a power- Alabama, that will fall back to Republicans the population. In the Senate, this would give ful advantage in the Senate. And while this as Trump unless everything breaks in the incumbent’s them 68 seats. Over all, half the country’s coalition — or its Democratic counterpart of favour. population would control 84 of the 100 seats liberal whites and the overwhelming majority If, somehow, Democrats win a Senate main the chamber. of nonwhites — isn’t set in stone, it could be jority and defeat President Trump, they’ll As it stands now, the Senate is highly un- years, even decades, before we see meaning- have to make fundamental changes to the democratic and strikingly unrepresentative, ful change in the demographic contours of rules of the chamber — like ending the fili- with an affluent membership composed our partisan divides. buster — if they want their agenda to move mostly of white men, who are about 30 per- Politics is unpredictable and events matter, If Democrats don’t do forward. cent of the population but hold 71 of the seats. but it’s also clear that Republicans are on And if they can’t win a majority, Mitch Mc- Under current demographic trends this will the verge of a durable structural advantage Connell may cripple a Democratic presidency in the Senate that will make Democratic something about it, from the start, blocking judicial and executive If, somehow, Democrats win majorities rare outside of the occasional branch nominations in an even more extreme a Senate majority and defeat “wave” election. winning the presidency in replay of his blockade of President Barack President Trump, they’ll have to There are no immediate solutions to this Obama’s final Supreme Court nominee, Mer- make fundamental changes to problem. But progressives — who have the rick Garland. Without the Senate in hand, the rules of the chamber — like most to lose if the Senate becomes an even 2020 won’t be enough Democrats could win the immediate fight ending the filibuster — if they want larger obstacle to their preferred policies — against Donald Trump in 2020 but lose the have started to brainstorm about reforms that larger battle against the Republican Party that their agenda to move forward might make the Senate more democratic and supported and enabled him. representative without changing the Consti- The second problem is a set of long-term tution itself. As the world tiptoes towards the Fourth Industrial Revolution, Dubai is embracing AI

he world is racing towards the again, propel human civilisation forward. numerous industry sectors. future. Technologies that once This revolution, however, is powered Artificial intelligence is gathering mo- Tseemed futuristic or even exag- not by steam but by smart technologies, mentum around the world. A recent study gerated are now real and increasingly most notable among which is, perhaps, by accountancy firm Pricewaterhouse- commonplace. Experts have begun artificial intelligence, or AI. The staple an- Coopers estimated that artificial intelli- referring to our present era as the tagonist of many sci-fi classics, AI has not gence will contribute up to $15.7 trillion DR AISHA BINT BUTTI BIN BISHR Fourth Industrial Revolution, which only become a reality but also stands to to the global economy in 2030 – more has built on its predecessors to, once drastically improve all of our lives across than the current output of China and India combined. Another study by the Economist Intelligence Unit and Google looked at the national economy in the UAE, predicting that AI would contribute $122 billion to the nation’s GDP by 2030. The UAE, I am proud to say, has long Artificial led the region in terms of embracing and deploying emerging technologies across the nation. In October 2017, Sheikh Mo- intelligence has hammed bin Rashid, Vice President and Prime Minister of the UAE and Ruler of grown into a Dubai, announced the National Artificial Intelligence Strategy 2031, appointing vast sector of its Omar Al Olama as the Minister of State for Artificial Intelligence and making the UAE the first country in the world to have own, expanding a minister dedicated to the development of this particular technology. at staggering The strategy aims to make the UAE a fast adopter of emerging AI technologies speeds and across government entities, create policies and legislation for fair and ethical redesigning our AI development and attract top talent to experiment and work in a sophisticated and secure ecosystem. There is a vision everyday life of making the UAE a world leader in AI by 2031, creating new economic and social opportunities for residents, visitors, gov- ernments and businesses. The UAE also recently hosted the AI People gather around a robot that dances and talks at the ‘Gitex’ Everything summit, the world’s largest conference focusing on AI, where experts,

Hon. Chairman Najeb Yacob Alhamer | Editor-in-Chief Mahmood AI Mahmood | Chairman & Managing Director P Unnikrishnan | Advertisement: Update Media W.L.L | Tel: 38444692, Email: [email protected] | Newsroom: Tel: 38444680, Email: [email protected] Subscription & circulation: Tel: 38444698/17579877 | Email:[email protected] | Website: www.newsofbahrain.com | Printed and published by Al Ayam Publishing TODAY 1787 1934 1940 1981 DAY IN Arthur Phillip sets sails Great dustbowl Winston Churchill says “I have noth- Pope John Paul II is shot and HISTORY with 11 ships of criminals storm sweeps ing to offer but blood, toil, tears and critically wounded by Turkish to Botany Bay, Australia across US prairies sweat” in his first speech as Prime gunman Mehemet Ali Agca in St Minister to British House of Commons Peter’s Square, Vatican City

One path involves statehood. In his book on to the project. But finding ways to expand icans have long been grossly underrepre - “It’s Time to Fight Dirty: How Democrats the Senate with new members is the right sented. And in addition to states, the United Can Build a Lasting Majority,” David Faris, idea, and a recent report from the Roosevelt States has dominion over a number of other TOP a political scientist at Roosevelt University Institute, a progressive think tank, offers an political units with little or no representation in Chicago, calls for at least eight new states. approach that doesn’t rely on extreme forms in Congress. Not only is this unfair in prin- The first is Washington, D.C. The second is of constitutional hardball. ciple, but excluding those districts and terri- 4 Puerto Rico, assuming its inhabitants agree to To accommodate the demographic trends tories also serves to exacerbate the Senate’s TWEETS statehood. And the next six would be formed of the next few decades, the institute calls for problems with representation, since most of from America’s superstate, California. “If expanding the Senate to include other federal those areas are majority nonwhite. the state were more or less evenly divided units besides states, for the sake of greater Other democracies — Australia, Brazil, 01 between left and right, its comparative lack democracy and representation: “A modern France, Finland and Denmark, for example — of power in the federal government would Senate should reflect a modern federalism grant equal representation to federal districts be less of an issue,” Faris writes. “But Cal- encompassing not only states and the federal and overseas territories. New Zealand, notes ifornia is now one of a handful of the most government but also the district, territories the Roosevelt Institute, “has had reserved left-leaning states in the entire union, and and tribes.” seats for the Maori Indigenous population in US President Donald Trump (C) speaks during event on Californians’ lack of voting power and Sen- Under the Roosevelt Institute proposal, its unicameral legislature since 1867.” ending surprise medical billing at the White House ate representation means that the country is Washington, D.C., the Atlantic territories, What’s more, it’s far from the most radical illary Clinton is de- pulled inexorably to the right.” the Pacific territories and the Native tribes change made to the Senate. That distinction Hlusional. get worse, as whites become a plurality of It’s a radical solution, and while it might would each receive two senators and a voting would go to the 17th Amendment to the She had the nerve all Americans but remain a majority in most work, it has one clear downside — Repub- member in the House of Representatives. Constitution, which allowed direct election to say Donald Trump states. licans could respond in kind with similar Individual units could still pursue statehood, of senators. This move, which decoupled the would not accept the re- The Republican coalition of rural whites, schemes for conservative megastates like but the lack of that recognition wouldn’t pre- interests of a state’s senators from the state’s sults of the 2016 election, exurban whites and anti-tax suburbanites Texas and, to a lesser degree, Florida. And clude representation in Congress. legislature, was a fundamental change to the but now she is the one may not be large enough to win the national that’s assuming California voters would sign The logic is straightforward. Native Amer- Senate, virtually obliterating the direct link refusing to accept the popular vote in a head-to-head matchup with the framers envisioned for the Senate and the results! Democrats. But it covers a much larger part states. If Congress “was willing to renege on I think it’s time to of the country’s landmass, giving it a power- a central purpose of one of its chambers,” the go back to the forest, ful advantage in the Senate. And while this Roosevelt report argues, “a mere expansion Hillary! coalition — or its Democratic counterpart of of the Senate’s numbers for the purpose of @AndrewPollackFL liberal whites and the overwhelming majority representational equality is modest in com- of nonwhites — isn’t set in stone, it could be parison.” 02 years, even decades, before we see meaning- The Democratic Party’s singular focus on ful change in the demographic contours of Donald Trump makes sense: Beating him our partisan divides. removes the most immediate threat to the Politics is unpredictable and events matter, nation’s political health. But America’s prob- but it’s also clear that Republicans are on lems are also structural, and reform, whether the verge of a durable structural advantage short-term or long-run, depends on an active in the Senate that will make Democratic Senate that represents the entire United majorities rare outside of the occasional States. Given a Republican Party whose po- yria’s war is perhaps “wave” election. litical interests lie in restricting the scope of Sthe best-documented There are no immediate solutions to this our democracy, it’s up to Democrats to act. war in history, and the problem. But progressives — who have the They need to win the Senate so that they can crime of torture is likely most to lose if the Senate becomes an even fix the Senate. the best-documented of larger obstacle to their preferred policies — its crimes — yet Assad have started to brainstorm about reforms that (Jamelle Bouie is an American journalist and flatout denies it is hap- might make the Senate more democratic and columnist for The New York Times and political pening. How can there representative without changing the Consti- analyst for CBS News. He was formerly chief be real, lasting piece as tution itself. The United States Capitol Building in Washington DC political correspondent for Slate Magazine) this continues? @MaryamSaleh 03 As the world tiptoes towards the Fourth Industrial Revolution, Dubai is embracing AI numerous industry sectors. tems that manage the tension between Artificial intelligence is gathering mo- Artificial intelligence is gathering innovation potential and societal values. low to the Congress mentum around the world. A recent study momentum around the world. A We also recently launched our AI eth- Bin Bhadohi, Uttar by accountancy firm Pricewaterhouse- recent study by accountancy firm ics board, made up of leaders from the Pradesh. Their dis - Coopers estimated that artificial intelli- PricewaterhouseCoopers esti- technology industry, academia, and gov- trict President Neelam gence will contribute up to $15.7 trillion ernment policy experts and practitioners. Mishra has accused to the global economy in 2030 – more mated that artificial intelligence In an environment where no single pro- Priyanka Gandhi of ex- than the current output of China and will contribute up to $15.7 trillion fession holds all the answers, the board tremely bad behaviour India combined. Another study by the to the global economy in 2030 is overseeing the future development of and stepped down. Economist Intelligence Unit and Google – more than the current output our AI guidelines and toolkit, as well as Neelam Mishra happens looked at the national economy in the UAE, of China and India combined considering how we enable regulation in to be the daughter-in- predicting that AI would contribute $122 the future. law of Pandit Shyam - billion to the nation’s GDP by 2030. In short, to simply say Dubai is “on dhar Mishra of Nehru’s The UAE, I am proud to say, has long board” with AI and the Fourth Industrial Cabinet. led the region in terms of embracing and Revolution is an understatement. The @MrsGandhi deploying emerging technologies across emirate has gone far beyond that, embrac- the nation. In October 2017, Sheikh Mo- ing the technology while the rest of the hammed bin Rashid, Vice President and world approached it extremely cautiously. 04 Prime Minister of the UAE and Ruler of The leadership granted infinite support Dubai, announced the National Artificial and encouragement to government and Intelligence Strategy 2031, appointing with other Dubai government entities. private entities alike – going so far as to Omar Al Olama as the Minister of State These examples cross all aspects of city actively attract promising AI experts and for Artificial Intelligence and making the services, from police and security to land start-ups from abroad – to establish a UAE the first country in the world to have A man shakes a robot’s hand at Gitex Technology Week development, education and environmen- robust infrastructure and ecosystem that a minister dedicated to the development tal services. would allow the artificial intelligence The President of India of this particular technology. decision-makers, government officials, Smart Dubai’s mission is to promote the Progressing through to development of sector to thrive here. Jcan vote like any other The strategy aims to make the UAE a business leaders and entrepreneurs gath- use of technology to maximise human these initiatives, we realised that, in a city I feel proud and incredibly fortunate citizen. Some previous fast adopter of emerging AI technologies ered to find the ideal formula to work to- benefit and happiness – and in alignment like Dubai, which consists of people from to be part of such a forward-thinking Presidents have voted, across government entities, create pol- gether and launch initiatives, research and with the goals of the national strategy, more than 200 different nationalities and administration. Smart Dubai’s vision for some have chosen not icies and legislation for fair and ethical development projects, and partnerships one of the emerging technologies we are ethnicities, we needed to ensure that any the emirate goes beyond embracing tech- to. President Kovind has AI development and attract top talent to with AI at their core. working with is, without a doubt, artificial AI application being developed in the city nology and strives, instead, to stand out repeatedly urged fellow experiment and work in a sophisticated Artificial intelligence has grown into intelligence. was completely ethical for all residents in how we use it to maximise human citizens to vote. He felt and secure ecosystem. There is a vision a vast sector of its own, expanding at In 2017, Smart Dubai launched the city’s and visitors. With that in mind, in January benefit and spread happiness. Today we it appropriate to demon- of making the UAE a world leader in AI by staggering speeds and redesigning our AI lab to identify and develop cases for im- this year Smart Dubai launched the city’s are confidently on our way to making strate by example 2031, creating new economic and social everyday life as it automates one activity plementation across all industry sectors official principles and guidelines for an Dubai a global benchmark for the devel- @MalikAshok opportunities for residents, visitors, gov- after another and lays the groundwork for in Dubai. Throughout last year, we ran 20 ethical implementation of AI. We believe opment and implementation of emerging ernments and businesses. even more breakthroughs and services in workshops identifying more than 100 pos- we are the first city to set out such a vol- technologies. The UAE also recently hosted the AI the not-so-distant future. sible uses of AI within Dubai government. untary approach that will help businesses Disclaimer: (Views expressed Everything summit, the world’s largest As the government entity tasked with Today, 43 shortlisted cases are being built and government create fair, interpretable, (Dr Aisha bint Butti bin Bishr is the direc- by columnists are personal and need not necessarily reflect our conference focusing on AI, where experts, making Dubai the happiest city on Earth, into concepts and pilots in partnership, accountable and ultimately trusted sys- tor general of Smart Dubai) editorial stances)

to US$120.52m as of 31 March creased profits. Ithmaar Holding 2019, compared to US$116.36m • as of 31 December 2018. Ithmaar Bank records profit reported a net profit “On behalf of the Ithmaar Ithmaar Bank reported a net of US$8.62 million Holding Board of Directors, I profit of BD2.80m in Q1, com- am pleased to announce that the pared to a net profit of BD2.03m Ithmaar Bank Ithmaar Holding’s financial re- for the same period in 2018. reported• a net profit sults show significant improve- The bank’s net profit attrib- ments in profit, and reconfirm utable to equity holders was of BD2.80m that our strategic focus on our BD1.67m, compared to the core retail banking business is BD0.83m net profit reported for TDT | Manama paying off,” Ithmaar Holding the same period in 2018. Chairman, Prince Amr Al Faisal, Income before overseas tax- thmaar Holding, a Bah- who is also the Ithmaar Bank ation grew to BD6.29m, an in- rain-based financial institu- Chairman, said. crease of 34 pc compared to the Ition, and its wholly-owned “Ithmaar Holding’s income BD4.69m reported for the same subsidiary, Ithmaar Bank, a Bah- before overseas taxation in - period last year. rain-based Islamic retail bank, creased to US$17.55m, a 45pc The Bank’s operating in - reported profits for the first increase from the US$12.09m come grew to BD21.42m, a quarter of 2019. reported for the same period 4.2pc increase compared to Ithmaar Holding reported a last year. Operating income in- the BD20.57m reported for the net profit of US$8.62 million for creased to US$76.08m, a 5.4pc same period last year. Total the first quarter, an increase of increase from the US$72.16m income grew to BD40.60m, a 79 per cent compared to the net reported for the same period last 10.5pc increase compared to profit of US$4.81m in the same I am pleased to announce that the The results of both the Investment year,” he said. the BD36.75m reported last year period in 2018. Ithmaar Holding’s financial results Firm (Ithmaar Holding) and the Ithmaar Holding Chief Ex- mainly due to growth in core Net profit attributable to eq- ecutive Officer, Ahmed Abdul income. uity holders was US$7.10m, an show significant improvements Islamic Retail Bank (Ithmaar Bank) Rahim, who is also the Ithmaar “Meanwhile, despite chal- increase of 329pc compared to in profit, and reconfirm that our clearly demonstrate that efforts to Bank Chief Executive Officer, lenging market conditions, the the US$1.66m in the year-ago strategic focus on our core retail turn the Group around are paying said the results of both the In- equity of unrestricted invest- quarter. banking business is paying off off, with both entities reporting vestment Firm (Ithmaar Hold- ment account holders stood at Earning per share (EPS) in- increased profits. ing) and the Islamic Retail Bank BD0.997 billion as at 31 March creased to US cents 0.24 com- (Ithmaar Bank) clearly demon- 2019, compared to BD0.995 bil- PRINCE AMR AL FAISAL AHMED ABDUL RAHIM pared to US cents 0.06 in the strate that efforts to turn the lion as at 31 December 2018 and prior-year quarter. ITHMAAR HOLDING, ITHMAAR BANK CHAIRMAN ITHMAAR HOLDING, ITHMAAR BANK CHIEF EXECUTIVE OFFICER Group around are paying off, BD1.063 billion as at 31 March Total owners’ equity increased with both entities reporting in- 2018,” said Abdul Rahim.

Emirates CCO resigns Pakistan to get $6 billion from IMF over the next 3yrs Reuters | Dubai Islamabad, Pakistan nance advisor Abdul Hafeez mirates Chief Commercial Sheikh the country is set to re- EOfficer Thierry Antinori akistan and the IMF have ceive $6 billion from the IMF in has resigned, a spokeswom- Preached a new agreement addition to $2 to $3 billion from an said on Sunday, days after securing a $6 billion bailout for the World Bank and Asian De- the Gulf airline announced its the cash-strapped country, of- velopment Bank over the next weakest profit in a decade. ficials said yesterday, following three years. Antinori, also an executive months of painstaking negoti- “We have a $12 billion gap vice president, was responsi- ations between the two sides. in our annual payments and ble for commercial operations, The agreement marks Pa - we don’t have the capacity to products, the frequent flyer kistan’s 22nd bailout with the pay them,” Sheik said in a tele- program and cargo division, Thierry Antinori Fund, as the country strug - vised address as he announced according to Emirates’ web- gles to stave off a looming bal- the new agreement with the site. ance-of-payments crisis while fund. The spokeswoman declined stand at a travel exhibition in its economy teeters due to low Analysts have warned that to comment when asked why Dubai on April 29. growth, soaring inflation, and Pakistani Muslims buy Iftar food before breaking their fast on the first day of any fresh IMF deal would likely Antinori resigned and when it Adnan Kazim, divisional mounting debt. the holy month of Ramadan in Rawalpindi come with myriad restrictions was effective. senior vice president, strategic “The programme aims to sup- that could hobble Prime Minis- Antinori spoke to media in planning, revenue optimisa- port the authorities’ strategy proving the business environ- said Ramirez Rigo, head of the ter Imran Khan’s grand prom- his capacity as an Emirates tion & aeropolitical affairs, has for stronger and more balanced ment, strengthening institu- IMF delegation, in a statement ises to build an Islamic welfare executive on April 24 in Dubai been appointed acting CCO, the growth by reducing domestic tions, increasing transparency, released late yesterday. state, as the country is forced to and was seen at the Emirates spokeswoman said. and external imbalances, im- and protecting social spending,” According to Pakistan’s fi- tighten its purse strings. IMTA launches Mazda Ramadan offers TDT | Manama car is exchanged. nternational Motor Trading This offer is valid until the IAgency (IMTA), the sole au- end of Ramadan and terms and thorised distributor for Mazda conditions apply. passenger vehicles in Bahrain, Commenting on the promo- announced launching an ex- tion, IMTA President Suzan clusive promotion on new 2019 Salman Kanoo said: “It is a re- models to celebrate the Holy flection of our commitment to Month of Ramadan. placing customers at the fore- The new 2019 Mazda CX9 front of innovative solutions and model will be available at a start- ensuring premium quality at a ing price of BD11,400*; the CX-5 good price. Ramadan is a very will be offered from BD8,600* special time for our customers onwards and the CX-3’s starting and communities in the Middle price is BD7,600*. East, and we want to make it The Mazda 3 2019 is available even more special for them by at a special price of BD6,250* offering more value.” and the Mazda 6 will start at During Ramadan, Mazda BD7,900*. five years or 100,000km service with three months deferred in- chance to win prizes in a raffle model. There will be a free eval- showrooms will be open from All the prices are inclusive of package, free insurance, regis- stalment and a special finance draw. uation for old cars with great 8 am to 1 pm and from 8 pm VAT. tration, window tinting and rust rate of interest of 1.99 per cent. A trade-in facility is available deals provided by IMTA with to midnight. They will remain Besides, IMTA is offering free proofing, a special finance deal The offer also provides a from IMTA for any make and hassle-free documentation if a closed on Friday. MONDAY, MAY 13, 2019 11

King Abdullah Bin Abdulaziz Academic Medical Centre tender awarded TDT | Manama Al Fouzan Trading and General Con- struction Company is a Saudi company he construction works of that has undertaken several projects the King Abdullah Bin Abdulaziz including that of university hospitals TAcademic Medical Centre will in Saudi Arabia. begin soon, a top AGU official said. The College of Medicine and Med- Al Fouzan Trading and General Con- ical Science in AGU is also following struction Company have been award- the directives of the Prime Minis - ed a tender to begin the construction ter HRH Prince Khalifa bin Salman works. Al Khalifa to train national medical The details were revealed by Dr cadres. Khalid Abdulrahman Al Ohaly, The The centre, Dr Al Ohaly said, will Arabian Gulf University (AGU) Pres- provide advanced training opportuni- ident. ties to AGU’s College of Medicine and The University, Dr Al Ohaly con - Medical Science students. firmed, will soon sign a contract with The hospital, which includes 288 the company to begin the construction beds, will have several research and works, scheduled to complete within 30 excellence centres, as well as a college months of signing the contract. Officials at the site of construction of medicine.

Deal now or it will be ‘far worse’, says Donald Trump Washington, United ABG reports Q1 results States TDT | Manama resident Donald Trump taxes, total net income reached sify income sources”. Pwarned China yester- US$ 41m during the first quar- For his part, Abdulla Ammar day that it should strike a l Baraka Banking Group ter of 2019, a decline of 28pc Al Saudi, Vice Chairman of trade deal with the United BSC (ABG) achieved a compared to US$ 57m for the ABG, said: “The financial results States now, otherwise an Afirst-quarter net income same period in the previous achieved by the Group and its agreement would be “far attributable to ABG’s sharehold- year. units in the first quarter of 2019, worse for them if it has to ers of US$ 24 million, while total Net income attributable to despite all unfavorable condi- be negotiated in my second net income reached US$ 41m, to- the shareholders of the Group tions, confirmed that they have term.” tal operating income US$ 216m was US$ 24m, a decrease of 31pc established a strong presence, Two days of talks ended for the same period, and total compared to US$ 35m for the rich financial, technical and hu- Friday with no deal. “I think assets increased to US$ 24 bil- same period in the previous man resources, and extensive that China felt they were lion at the end of year. experience in their markets, being beaten so badly in the March 2019. Earnings per share reached enabling them to generate sus- recent negotiation that they The first quarter of 2019 saw US Cents 1.94 for the first quar- tainable returns, which their may as well wait around a slowdown in the performance ter of 2019 compared to US size affected sometimes by those for the next election, 2020, of economic activities in some of Cents 2.84 for the same period conditions.” to see if they could get the main markets in which the last year. With regard to the Group’s lucky & have a Democrat Group operates such as Turkey, Operating assets (financing plans to expand its branch net- win -- in which case they Algeria, Tunisia and Sudan for and investments) amounted to work, Adnan Ahmed Yousif, would continue to rip-off various reasons, which affected US$ 18bn as at the end of March Member of the Board of Direc- the USA for $500 Billion a the volume of business generat- 2019 compared to US$ 17.9bn tors and President & Chief Ex- year,” Trump said in a tweet ed by the Group’s units in these in December 2018, increasing ecutive of Al Baraka Banking Saturday. markets. by 1pc. Customer accounts in- Group, said: “The Group’s units “The only problem is that At the same time, ABG said, cluding due to banks and finan- have continued their careful they know I am going to there was stability or narrow The unfavourable geopolitical and cial institutions as at the end of and well-planned expansion win (best economy & em- movements in the domestic economic conditions continued in the March 2019 reached US$ 19.8bn, programs, where the number of ployment numbers in U.S. currencies of these countries first quarter of 2019 in a number of main an increase of 1pc compared to new branches opened by these history, & much more), and against the US dollar, which re- US$ 19.6bn level as at end of De- units has reached 3 branches the deal will become far flected positively on the asset countries where our units operate. Despite cember 2018. during the first quarter of 2019, worse for them if it has to items, but its positive effects on this, we were able to not only maintain our Sheikh Saleh Abdullah Kamel, bringing the total number of be negotiated in my second the income items were not yet good profits and operational positions, Chairman of Al Baraka Banking branches to 700 at the end of term. Would be wise for clear due to the difference in the but also to enhance our precautionary Group, said “The results of the March 2019.” them to act now, but love accounting method in treating measures in the context of sound policies Group for the first quarter of The Group said it is also plan- collecting BIG TAR- the local currency conversion and strategies developed by the Group and 2019 are considered acceptable, ning to enter new markets in IFFS!” to the US dollar between assets implemented by our units taking into account the geopo- the coming period through the items and income items. “We litical and economic conditions presence in the Indonesian and expect these positive effects to ADNAN AHMED YOUSIF undergone by many countries Chinese markets, expansion in emerge in the coming quarters.” MEMBER OF THE BOARD OF DIRECTORS AND PRESIDENT & CHIEF EXECUTIVE OF AL where our banking units op - East Asia, as well as studying “The first quarter also saw the BARAKA BANKING GROUP erate. Our units were able to the expansion in the continent settlement of some large syn- achieve these results while at of Africa through the presence dicated funding amounts from the same time maintaining the in several countries, notably some units, all of which were Total operating income US$ 257m for the same period quality of its assets and the Kenya, Tanzania and Uganda. budgeted in the budget we set reached US$ 216m in Q1, de - in 2018. After deducting oper- soundness of liquidity, besides “We will announce the details for this year.” creasing by 16pc compared to ating expenses, provisions and continuing their efforts to diver- of these projects in due course.”

Hundreds of students and parents attended the American University of Bahrain’s (AUBH) first Open Day at the Four Batelco announced its collaboration with the Ministry of Labour and Social Development to support families in need by Seasons Hotel, Bahrain Bay, after its admission process for the first term started in September 2019. The second AUBH providing them with cash through Batelco’s digital wallet ‘bwallet’ as part of the company’s Ramadhan programme. The Open Day will be held at the Four Seasons Hotel, Bahrain Bay on 16 May 2019 from 9 pm to 12 am. There will be a initiative, Batelco said, was part of its ongoing efforts and sincere desire to contribute to the community and address presentation, starting at 9:30 and ending at 10, and the opportunity to discuss enrollment with AUBH advisors. The May their needs. 16th Open Day is offered for students wishing to attend the September 2019 term. MONDAY, MAY 13, 2019 12

Expert Afghan jeweler Khalil Nuri poses for a picture in his shop at the Grand Hadi Ekhlas, engraver, poses for a picture in his workshop at the Grand Bazaar in Bazaar in Istanbul Istanbul

Businessman Haji Yakup Burhan poses for a picture in his restaurant Mehmet Yasin Hamidi, Afghan Chairman of Royalist real-estate agency poses for a picture

Hadi Ekhlas, engraver, holds one of his work on his hand at his workshop at the People walk inside the Grand Bazaar in Istanbul Hadi Ekhlas, engraver, carves a stone with a drill Grand Bazaar in Istanbul Refugee entrepreneurs thrive in Turkey ping green tea. Many refugees arriving in who helps him with marketing, To attract more investment at Turkey bring with them diverse and runs one of the 42 Afghan Afghan refugee entrepreneurs a time when the Turkish econ- skills and experience that allow shops in the Grand Bazaar. Many refugees omy was struggling last year, them to make a contribution to “I plan to expand my business • appear to be increasingly the government in Septem - the country’s workforce. in the near future. I’d also like to arriving in Turkey ber slashed from $1 million to Hadi Ekhlas, an engraver from teach my skills to other Turks bring with them diverse finding success in Turkey, $250,000 the threshold at which Afghanistan’s Hazara ethnic here,” he said. skills and experience Turkish citizenship is offered to group, left the war-torn nation In another corner of the where they bring to the foreigners buying property. eight years ago. He first went Grand Bazaar, Khalil Nuri, an Beylikdüzü, Turkey It sparked an 82-percent in- to neighbouring Pakistan to sell expert Afghan jeweller, sells local economy, not only crease in foreigners buying real his skills. rings, necklaces, pendants -- just estate in the first quarter of this He then moved to Turkey, about anything that can be found hen Afghan business- their savings, but sought- year, the Turkish Statistical In- where he now engraves Islamic in Kabul’s many curiosity shops. man Haji Yakup Bur- after know-how, whether in stitute (TUIK) said. and Ottoman scripts on gem- “I am a jeweller and an expert Whan fled the violence Afghans likely account for a stone rings and semi-precious in handicrafts and I wanted to of his home country 30 years small percentage of this hike -- stones -- a skill he learned from continue my profession here,” ago, he brought with him his restaurants, commerce or precise figures are unavailable his grandfather -- in Istanbul’s said Nuri, who fled Afghanistan family -- and all his money. skilled crafts and specialities. -- but not all those fleeing the Grand Bazaar, one of the world’s and has been doing business for He headed to Saudi Arabia, war-ravaged country are desti- oldest covered markets. the past 12 years in Istanbul. where he opened a restaurant tute. Mehmet Yasin Hamidi, an “In the past, some Turkish Meanwhile, Burhan said that but, as refugees, his children had Turkey hosts nearly four Afghan who runs the Royalist re- traders would import stones he hoped his business continued difficulty getting into a school. million refugees, with Syrians al-estate agency in Beylikduzu, with engravings from other to do well “because there are a Then he moved to the United making up the largest group, on Istanbul’s outskirts, told AFP countries, but now I am making lot of Afghans living here”. Arab Emirates, but Dubai’s costs but Afghans number more than that their sales of homes had wthem here and taking orders,” “There are also people who seemed impossible. 145,000, according to Amnesty doubled this year compared to Ekhlas said. want to give the taste of Afghan So, two years ago, he moved to KNOW WHAT International figures released the same period last year. Ekhlas has a Turkish partner, cuisine a try.” Turkey and opened a restaurant last year. “People cannot protect their in Istanbul’s Esenyurt neigh- Some people in Turkey view lives and money in Afghanistan,” bourhood, taking advantage of refugees as a burden, but a dif- Hamidi, who has lots of Afghans the country’s relatively open Turkey hosts ferent picture emerges in Bur- among his clients, said. business environment for ref- nearly four million han’s bustling Istanbul suburb, “If you have money, you or ugees. refugees, with where refugees like him have your children could get kid - “I have 15 people working for made significant investment in napped. The businessmen are me in this restaurant. They are Syrians making up the Turkish economy. threatened there. That is why Afghans, Iranians and Turks. the largest group, they bring their money here.” “I have invested about but Afghans number Citizenship investment $120,000 (107,000 euros) in this more than 145,000, Inside Burhan’s restaurant, Rare skills restaurant so far,” Burhan, 52, according to Amnes- a TV blares Afghan channels Construction of new housing told AFP at his Afghan Kebab ty Internationa showing Turkish soap operas has exploded in Beylikduzu in establishment. over the hum of customers eat- recent years to meet a growing “Over 60 per cent of our cus- only their savings, but sought-af- ing the popular Afghan dish Qa- demand for real estate invest- tomers are Afghans living here. ter know-how, whether in res- beli Palaw -- rice with lamb meat ment by foreigners. The rest are Arabs, Iranians and taurants, commerce or skilled and mixed with caramelised car- The Association of Housing Turks,” he said. crafts and specialities. rots, raisins and almond slivers. Developers and Investors says Afghan refugee entrepreneurs In turn, Turkey offers refu- “We are the only Afghan res- that foreigners bought $4.6 bil- appear to be increasingly finding gees simplified administrative taurant in this neighbourhood lion of Turkish property in 2018 Afghan employees of Afghan Kebab restaurant are at work on at Esenyurt success in Turkey, where they procedures for setting up a new for now,” he told AFP, sitting and the figure is expected to district in Istanbul. bring to the local economy, not business. cross-legged on a mattress, sip- jump to $10 billion this year. 13 MONDAY, MAY 13, 2019

6-PEGASUS: PONY WITH A BROKEN WING (PG) (DRA- OASIS JUFFAIR MA/FAMILY) NEW SAAR *- JONATHAN SILVERMAN, CHARISMA CARPENTER, TOM 1-BRIGHTBURN (15+) (THRILLER/HORROR) NEW ARNOLD 1-BRIGHTBURN (15+) (THRILLER/HORROR) NEW *- ELIZABETH BANKS, DAVID DENMAN, JACKSON A. DUNN DAILY AT: 1.00 + 5.15 + 9.30 PM *- ELIZABETH BANKS, DAVID DENMAN, JACKSON A. DUNN DAILY AT: 2.45 + 7.15 + 11.45 PM DAILY AT: 7.45 + 9.45 + 11.45 PM DAILY AT (VIP): 1.45 + 6.15 + 10.45 PM 7-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- TURE) 2-LONG SHOT (15+) (COMEDY/ROMANTIC) NEW *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN 2-LONG SHOT (15+) (COMEDY/ROMANTIC) NEW *- CHARLIZE THERON, SETH ROGEN, JUNE DIANE RAPHAEL *- CHARLIZE THERON, SETH ROGEN, JUNE DIANE RAPHAEL DAILY AT: 1.00 + 4.30 + 8.00 + 11.30 PM DAILY AT: 9.00 + 11.30 PM DAILY AT: 12.15 + 4.45 + 9.15 PM DAILY AT (3D): 12.00 + 3.30 + 7.00 + 10.30 PM DAILY AT (VIP): 11.15 AM + 3.45 + 8.15 PM 3-STUDENT OF THE YEAR 2 ( ) (HINDI/COMEDY/ 8-DUMBO (PG) (ADVENTURE/DRAMA/FAMILY) ROMANTIC) NEW 3-STUDENT OF THE YEAR 2 () (HINDI/COMEDY/RO- *- COLIN FARRELL, MICHAEL KEATON, DANNY DEVITO *- TIGER SHROFF, TARA SUTARIA, ANANYA PANDEY MANTIC) NEW DAILY AT: 11.30 AM + 1.45 + 4.00 + 6.15 + 8.30 + 10.45 PM FROM THURSDAY 9TH 7.00 PM ONWARDS *- TIGER SHROFF, TARA SUTARIA, ANANYA PANDEY DAILY AT: 8.00 + 11.00 PM FROM THURSDAY 9TH 7.00 PM ONWARDS 9-SHAZAM! (PG-15) (ACTION/COMEDY/ADVENTURE) DAILY AT: 11.45 AM + 2.45 + 5.45 + 8.45 + 11.45 PM *- ZACHARY LEVI, MARK STRONG (II), ASHER ANGEL 4-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- DAILY AT: 1.45 + 6.30 + 11.15 PM TURE) 4-MAHARSHI (PG-13) (TELGU) NEW *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN 10-THE CURSE OF LA LLORONA (15+) (HORROR/ DAILY AT: 7.45 + 11.15 PM *- MAHESH BABU, POOJA HEGDE, ALLARI NARESH THRILLER) DAILY AT: 12.45 + 4.00 + 7.15 + 10.30 PM *- LINDA CARDELLINI, RAYMOND CRUZ, PATRICIA VELASQUEZ 2-LONG SHOT (15+) (COMEDY/ROMANTIC) NEW 5-100 (PG-13) (TAMIL) NEW DAILY AT: 11.15AM + 1.45 + 4.15 + 6.45 + 9.15 + 11.45 PM DAILY AT: 11.45 AM + 4.30 + 9.15 PM AL HAMRA *- CHARLIZE THERON, SETH ROGEN, JUNE DIANE RAPHAEL *- ATHARVA, HANSIKA MOTVANI, YOGI BABU DAILY AT: 12.00 + 2.30 + 5.00 + 7.30 + 10.00 PM + 12.30 MN 12-NADI ELREGAL EL SERI (PG-15) (ARABIC/COMEDY) 11-EXTREMELY WICKED, SHOCKINGLY EVIL, AND VILE DAILY AT: 11.00 AM + 4.45 + 10.30 PM 1-MAHARSHI (PG-13) (TELGU) NEW *- KARIM ABDULAZIZ, GHADA ADEL, MAJDE ALKIDDAWI (15+) (CRIME/DRAMA/BIOGRAPHY) NEW *- MAHESH BABU, POOJA HEGDE, ALLARI NARESH 3-STUDENT OF THE YEAR 2 () (HINDI/COMEDY/RO- DAILY AT: 12.30 + 2.45 + 5.00 + 7.15 + 9.30 + 11.45 PM *- ZAC EFRON, LILY COLLINS, HALRY JOEL OSMENT DAILY AT: 11.45 AM + 3.00 + 6.15 PM 6-KEE (PG-15) (TAMIL) NEW MANTIC) NEW DAILY AT: 10.45 AM + 3.00 + 7.15 PM + 11.30 PM *- JIIVA, GOVIND PADMASOORYA, NIKKI GALRANI *- TIGER SHROFF, TARA SUTARIA, ANANYA PANDEY 13-WONDER PARK (PG) (ANIMATION/ADVENTURE/ 2-UYARE (PG-15) (MALAYALAM) FROM FRIDAY 10TH 2.30 PM ONWARDS FROM THURSDAY 9TH 7.00 PM ONWARDS COMEDY) 12-MASHA AND THE BEAR THE NEW ADVENTURES (G) DAILY AT: 2.00 + 7.45 PM (ANIMATION/ADVENTURE/COMEDY) *- PARVATHY THIRUVOTH, ASIF ALI, TOVINO THOMAS DAILY AT: 12.00 + 3.00 + 6.00 + 9.00 PM + 12.00 MN *- BRIANNA DENSKI, JENNIER GARNER, KEN HUDSON DAILY AT: 9.30 PM + (12.00 MN THURS/FRI) CAMPBELL DAILY AT: 11.00 AM + 12.45 + 2.30 + 4.15 + 6.00 PM 7-AYOGYA (PG-15) (TAMIL) NEW 4-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- DAILY AT: 11.15 AM + 1.15 + 3.15 + 7.15 + 9.15 + 11.15 PM *- VISHAL, RAASHI KHANNA, PRATHIBAN TURE) 14-CAPTAIN MARVEL (PG-13) (ACTION/ADVENTURE) WADI AL SAIL FROM FRIDAY 10TH *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN SEEF (I) DAILY AT: 10.30 AM + 5.00 + 11.30 PM DAILY AT (ATMOS): 1.00 + 4.30 + 8.00 + 11.30 PM *- BRIE LARSON, GEMMA CHAN, SAMUEL L. JACKSON DAILY AT: 11.00 AM + 4.00 + 9.00 PM 1-BRIGHTBURN (15+) (THRILLER/HORROR) NEW DAILY AT (IMAX 3D): 1.30 + 8.30 PM 1-STUDENT OF THE YEAR 2 ( ) (HINDI/COMEDY/RO- *- ELIZABETH BANKS, DAVID DENMAN, JACKSON A. DUNN 8-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- DAILY AT (IMAX 2D): 10.15 AM + 5.00 PM + 12.00 MN MANTIC) NEW TURE) 15-LITTLE (PG-15) (COMEDY) DAILY AT: 7.30 + 9.30 + 11.30 PM DAILY AT (VIP I): 12.15 + 3.45 + 7.15 + 10.45 PM *- TIGER SHROFF, TARA SUTARIA, ANANYA PANDEY *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN *- REGINA HALL, ISSA RAE, MARSAI MARTIN DAILY AT (VIP II): 1.15 + 4.45 + 8.15 + 11.45 PM FROM THURSDAY 9TH 7.00 PM ONWARDS DAILY AT (ATMOS): 1.00 + 4.30 + 8.00 + 11.30 PM DAILY AT: 12.15 + 2.30 + 4.45 + 7.00 + 9.15 + 11.30 PM 2-LONG SHOT (15+) (COMEDY/ROMANTIC) NEW DAILY AT: 12.30 + 12.45 + 4.00 + 4.15 + 7.30 + 7.45 + 11.00 + 11.15 DAILY AT: 11.30 AM + 2.30 + 5.30 + 8.30 + 11.30 PM DAILY AT: 1.30 + 8.00 PM *- CHARLIZE THERON, SETH ROGEN, JUNE DIANE RAPHAEL PM DAILY AT: 9.30 PM + 12.00 MN 16-GLASS (PG-15) (THRILLER) 2-SETTERS ( ) (HINDI/DRAMA/THRILLER) NEW 9-DUMBO (PG) (ADVENTURE/DRAMA/FAMILY) *- JAMES MCAVOY, BRUCE WILLIS, SAMUEL L. JACKSON 5-DUMBO (PG) (ADVENTURE/DRAMA/FAMILY) *- VIJAY RAAZ, SONNALI SEYGALL, AFTAB SHIVDASANI 3-STUDENT OF THE YEAR 2 ( ) (HINDI/COMEDY/ *- COLIN FARRELL, MICHAEL KEATON, DANNY DEVITO *- COLIN FARRELL, MICHAEL KEATON, DANNY DEVITO DAILY AT: 1.30 + 6.30 + 11.30 PM DAILY AT: 10.30 AM + 4.00 + 9.30 PM ROMANTIC) NEW DAILY AT (KIDS CINEMA): 4.30 + 6.45 + 9.00 + 11.15 PM DAILY AT: 11.45 AM + 2.00 + 4.15 + 6.30 + 8.45 + 11.00 PM *- TIGER SHROFF, TARA SUTARIA, ANANYA PANDEY 3-MAHARSHI (PG-13) (TELGU) NEW FROM THURSDAY 9TH 7.00 PM ONWARDS 6-THE INTRUDER (15+) (THRILLER) SEEF (II) *- MAHESH BABU, POOJA HEGDE, ALLARI NARESH DAILY AT: 8.15 + 11.15 PM 10-MISSING LINK (PG) (ANIMATION/ADVENTURE/ *- MEAGAN GOOD, DENNIS QUAID, MICHAEL EALY DAILY AT: 10.30 AM + 1.45 + 5.00 + 8.15 + 11.30 PM COMEDY) 1-BRIGHTBURN (15+) (THRILLER/HORROR) NEW DAILY AT: 12.00 + 2.00 + 4.00 + 6.00 + 8.00 + 10.00 PM + 12.00 4-BREAKING & EXISITING (15+) (COMEDY/ROMANTIC/ *- HUGH JACKMAN, ZOE SALDANA, ZACH GALIFIANAKIS MN *- ELIZABETH BANKS, DAVID DENMAN, JACKSON A. DUNN 4-100 (PG-13) (TAMIL) NEW DRAMA) NEW DAILY AT (KIDS CINEMA): 10.30 AM + 12.30 + 2.30 PM DAILY AT: 12.00 + 2.00 + 4.00 + 6.00 + 8.00 + 10.00 PM + 12.00 *- ATHARVA, HANSIKA MOTVANI, YOGI BABU *- MILO GIBSON, JORDAN HINSON, ADAM HUBER 7-SHAZAM! (PG-15) (ACTION/COMEDY/ADVENTURE) MN 11-UYARE (PG-15) (MALAYALAM) DAILY AT: 2.30 + 8.15 PM DAILY AT: 9.45 PM *- ZACHARY LEVI, MARK STRONG (II), ASHER ANGEL *- PARVATHY THIRUVOTH, ASIF ALI, TOVINO THOMAS 2-LONG SHOT (15+) (COMEDY/ROMANTIC) NEW DAILY AT: 11.30 AM + 2.00 + 4.30 + 7.00 + 9.30 PM + 12.00 MN DAILY AT: 12.45 + 3.30 + 6.15 + 9.00 + 11.45 PM 5-KEE (PG-15) (TAMIL) NEW 5-PRIMAL RAGE: THE LEGEND OF KONG (18+) (AC- *- CHARLIZE THERON, SETH ROGEN, JUNE DIANE RAPHAEL TION/THRILLER/HORROR) NEW DAILY AT: 11.30 AM + 2.00 + 4.30 + 7.00 + 9.30 PM + 12.00 MN *- JIIVA, GOVIND PADMASOORYA, NIKKI GALRANI 12-ORU YAMANDAN PREMA KATHA (PG-15) (MALAY- 8-ESCAPE ROOM (PG-15) (THRILLER) FROM FRIDAY 10TH 2.30 PM ONWARDS *- CASEY GAGLIARDI, ANDREW JOSEPH MONTGOMERY, ALAM) *- TAYLOR RUSSELL, LOGAN MILLER, DEBORAH ANN WOLL JAMESON PAZAK 3-BREAKING & EXISITING (15+) (COMEDY/ROMANTIC/ DAILY AT: 11.45 AM + 5.30 + 11.15 PM *- DULQUER SALMAN, SOUBIN SAHIR, SAMYUKTHA MENON DAILY AT: 11.30 AM + 1.30 + 3.30 + 5.30 + 7.30 + 9.30 + 11.30 PM DRAMA) NEW DAILY AT: 7.30 + 11.45 PM DAILY AT: 2.30 + 8.30 PM 6-AYOGYA (PG-15) (TAMIL) NEW *- MILO GIBSON, JORDAN HINSON, ADAM HUBER 6-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- 9-THE CURSE OF LA LLORONA (15+) (HORROR/ *- VISHAL, RAASHI KHANNA, PRATHIBAN 13-ATHIRAN (PG-15) (MALAYALAM) THRILLER) DAILY AT: 12.15 + 2.15 + 4.15 + 6.15 + 8.15 + 10.15 PM + 12.15 MN TURE) *- LINDA CARDELLINI, RAYMOND CRUZ, PATRICIA VELASQUEZ FROM FRIDAY 10TH *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN *- FAHADH FAZIL, SAI PALLAVI, ATUL KULKARNI 4-PRIMAL RAGE: THE LEGEND OF KONG (18+) (AC- DAILY AT: 1.00 + 6.30 PM + 12.00 MN DAILY AT: 11.45 AM + 5.45 + 11.45 PM DAILY AT: 11.45 AM + 1.45 + 3.45 + 5.45 + 7.45 + 9.45 + 11.45 PM TION/THRILLER/HORROR) NEW DAILY AT: 8.00 + 11.30 PM *- CASEY GAGLIARDI, ANDREW JOSEPH MONTGOMERY, 7-AVENGERS: ENDGAME (PG-15) (ACTION/ADVEN- JAMESON PAZAK TURE) 7-THE INTRUDER (15+) (THRILLER) *- MEAGAN GOOD, DENNIS QUAID, MICHAEL EALY CITYCENTRE 10-COLD PURSUIT (15+) (ACTION/CRIME/DRAMA) DAILY AT: 10.45 AM + 1.00 + 3.15 + 5.30 + 7.45 + 10.00 PM + 12.15 *- BRIE LARSON, ROBERT DOWNEY JR., KAREN GILLAN *- LIAM NEESON, EMMY ROSSUM, LAURA DERN MN DAILY AT: 12.30 + 4.00 + 7.30 + 11.00 PM DAILY AT: 7.45 PM + 12.15 MN 1-BRIGHTBURN (15+) (THRILLER/HORROR) NEW DAILY AT: 11.30 AM + 2.00 + 4.30 + 7.00 + 9.30 PM + 12.00 MN *- ELIZABETH BANKS, DAVID DENMAN, JACKSON A. DUNN 5-STRAY (PG-13) (THRILLER/DRAMA) NEW 8-UYARE (PG-15) (MALAYALAM) 8-EXTREMELY WICKED, SHOCKINGLY EVIL, AND VILE *- KAREN FUKUHARA, MIYAVI, CHRISTINE WOODS (15+) (CRIME/DRAMA/BIOGRAPHY) DAILY AT: 11.00 AM + 1.00 + 3.00 + 5.00 + 7.00 + 9.00 + 11.00 PM 11-THE UPSIDE (PG-15) (COMEDY/DRAMA) *- PARVATHY THIRUVOTH, ASIF ALI, TOVINO THOMAS + 1.00 AM *- KEVIN HART, BRYAN CRANSTON, NICOLE KIDMAN DAILY AT: 7.45 + 9.45 + 11.45 PM *- ZAC EFRON, LILY COLLINS, HALRY JOEL OSMENT DAILY AT: 11.00 AM + 1.30 + 4.00 + 6.30 + 9.00 + 11.30 PM DAILY AT: 10.00 PM

SITUATIONS VACANT MOVIE REVIEW NOTICE URGENTLY REQUIRED Filipino Beautician. Age between 22 to 35 year, with knowledge of manicure It is notified for the information that Student of the Year 2: a fun film and housekeeping. my Original Qualifying Examination Contact 39865012. Email: [email protected] Certificate of Main, Secondary, with a weak script Examination of Year 2016 and Roll No. 8100816 issued by CBSE has tudent of the Year 2 is a Nandini Ramnath of Scroll.in, 2019 Indian Hindi-lan- who gave the film two stars out been actually lost. Sguage teen drama film of five, wrote, “The sequel that Name of the candidate Chythra Chandran written by Arshad Sayed and nobody wanted is neither an directed by Punit Malhotra. improvement over the original Mullookaran Tel. 33716112 A sequel to the 2012 film Stu- nor a downgrade of it”, refer- dent of the Year, it stars Tiger ring to it as a “glammed-up ver- Shroff, Tara Sutaria and Ananya sion” of Jo Jeeta Wohi Sikandar Panday. The film follows Rohan, (1992). Ramnath felt that Pan- a college student who switches day showed potential in the “all to a better university to rekindle games and no fun” film. NOTICE his relationship with his child- In a more positive review, Ro- hood sweetheart who studies nak Kotecha of The Times of In- Change of Commercial Name there. When Rohan is rusticat- dia gave the film three stars out The management of registration announced in the ed, he returns to his old college of five, writing that it “doesn’t Ministry of Industry, Commerce and Tourism that and vows to lead his team to have that Ishq wala love, but Owners of Medallon Plaza Consultancy- registered victory in an inter-college cup there is ample dosti, high school under CR No. 124608-1 submitted a request to against his former college. drama and cool stuff to keep you change their commercial name The film received generally Tara Sutaria, Tiger Shroff and Ananya Panday in ‘Student of the Year 2’ going”. mixed reviews from critics, with Taran Adarsh of Bollywood From: Medallon Plaza Consultancy - the script and unreal situation Analysis gave it three stars out things around him are caving Hungama praised the sceeen- Bahraini Partnership Company receiving criticism. of five, writing, “This is the kind in, his ballerina grace is intact”. play for being “praiseworthy To: GMDA Consultancy - Student of the Year 2 was re- of film, which draws inspiration Kunal Guha of Mumbai Mir- as its peppered with some en- Bahraini Partnership Company leased to generally mixed re- from the Archie comics with ror gave two and a half stars out tertaining, dramatic and even For those who have any objection, you can submit views from critics; it also re- Tiger being Archie, flanked by of five and wrote it “excessively moving moments”. He wrote, your objection to the above management, 15 days ceived a mixed reception from a Veronica (Ananya) and Betty leans on tested formula”, but “On the whole, Student of the the public. Criticism was pri- (Tara)”. She concludes, “Apart follows, “There’s just something Year 2 is an entertaining and from the date of advertising marily directed to the script and from Will Smith’s miss-if-you- winning about a man with mod- an enjoyable fare which will Office 232, K City Business Center, Building 21, Road 357, Block 304, Salah Aldin Alayoobi Avenue, Manama, unreal setting of the film. blink appearance, watch [the est means, forcing his privileged strike a chord in the audience’s Kingdom of Bahrain Meena Iyer of Daily News and film] for Tiger. Even when adversary to eat dust”. hearts”. 14 MONDAY, MAY 13, 2019

GRAND EID DRAW $ 250,000 JUNE 2019 TERMS AND CONDITIONS APPLY. CONDITIONS AND TERMS

Bahrain Bourse and Bahrain Clear’s Ghabga Pakistan Club’s Iftar dinner

America’s first Ramadan break-fast Ramadan cooking The United States’ first iftar took place at the home of the Ingredients Berber Skillet Bread third President Thomas Jefferson For the garlic starter n 1805, the month of Ram- • cup (104 grams) plus 1/2 cup (70 grams) Iadan fell in December. Far regular semolina flour (pasta flour) from his friends, family and • ¾ cup (85 grams) all-purpose flour home, one Tunisian man was • 2 garlic cloves, peeled attempting to observe it in For the bread Washington, D.C. This was the • 2 ⅔ cups (400 grams) extra-fine semolina statesman Sidi Soliman Mel- flour limelli, who was spending six • ½ teaspoon (1 1/2 grams) dry yeast months in the United States, on • 2 ½ teaspoons (15 grams) fine salt a diplomatic mission. • cup (52 grams) regular semolina flour or Observing this holy month all-purpose flour, for handling the dough and its daily fasts in such a for- • Moroccan Almond-Argan Butter, for serving eign environment must have been a challenge. Preparation President Thomas Jefferson looked after his Muslim visitor For the garlic starter For the bread graciously, going so far as to re- 1. Make the starter: In a glass or ceramic bowl, When ready to cook, gently arrange a dinner party around combine 2/3 cup semolina flour with the flatten each disk, then prick Mellimelli’s fast. In doing so, all-purpose flour. Gradually stir in 3/4 cup the tops all over with a fork. America’s third president be- water to make a wet dough. Mix in garlic, cover, Heat an 8- or 10-inch nonstick came the country’s first ever wrap in a towel and leave in a warm place, like skillet or griddle (or two, if you host of an iftar meal. an unheated oven, for a day. have them) over medium-high On December 7, Jefferson’s 2. Uncover the starter, add 1/4 cup water and the heat. Sprinkle the pan’s sur- secretary visited Mellimelli to remaining 1/2 cup semolina flour, and mix. face with flour, then pick up invite him to a 3:30 p.m. dinner Cover, wrap in a towel, and leave for 12 to 24 a dough round and flip it into with the President. When he hours. The starter will get a crusty top and the pan, paper side up. arrived, Mellimelli was praying blossom underneath. Scoop out 1/2 cup starter Peel off the paper and adjust on his mat. “Rising from the and discard the rest, including garlic cloves the heat so that the bread siz- ground, he addressed the Secre- An 1800 portrait of Thomas Jefferson (otherwise, as it continues to ferment, the smell zles gently. When it is browned tary in the same manner as if he would drive you out of your home). and blistered on the bottom, had just come in from another being in the midst of Rama - ditional iftar, nor what Mel - 3. Make the bread: In a food processor fitted with about 5 minutes, flip the bread the metal blade, combine extra-fine semolina out onto a plate, then slide it room,” senator William Plumer dan, during which the Turks limelli would have been used flour, the 1/2 cup of starter, the yeast and salt. back into the pan to cook the reported. “He replied he could fast when the sun is above the to, without sweet dates to start Pulse once or twice. Add 1 cup warm water and other side. not eat this month until after horizon.” the meal or the Tunisian dishes process for 15 to 20 seconds to knead. Let rest Cook about 2 minutes, shak- sunset.” That night, Mellimelli was a he was familiar with. But this 10 minutes. Pulsing food processor, trickle in ing the skillet often to pre - That could very easily have little late—he may have decid- gesture of hospitality must have another 1/4 cup water. Sprinkle a work surface vent sticking. When browned, been that. Instead, Jefferson ed to say his evening prayers seemed an outstretched hand at with flour and turn dough onto it. Cover with firm and fragrant, slide onto postponed the meal by around at home, before attending the what was perhaps a very lonely an upside-down bowl for 10 minutes. Cut 4 a platter and serve immedi- 90 minutes to “precisely at sun- dinner—but sat down and broke time—a recognition that Jeffer- 1-foot squares of waxed or parchment paper ately, or cover with a towel set.” (Modern calculations sug- his fast with them. They shared son and his peers respected and and sprinkle with flour. Divide dough in four to keep warm while you cook gest this was likely just before 5 copious dishes, and talked valued Mellimelli’s religious and put each piece on a piece of a floured paper, the remaining breads. Serve p.m.) John Quincy Adams, who through Mellimelli’s interpret- practice, and would do whatev- turning to coat. Press each into an 8-inch circle. with Moroccan almond-argan also attended the dinner, noted er. er they could to accommodate Cover with kitchen towels and let rise 1 hour. butter. that this move was due to “it It was, by no stretch, a tra- him, and it. 15 MONDAY, MAY 13, 2019 sports

Rangers beat champions Celtic in Old Firm finale Hami seizes championship lead AFP | Glasgow Lewis Hamilton goes back to top of the drivers’ championship after he led home a Mercedes one-two for teven Gerrard’s Rangers Sgave their fans reason for the fifth time this season optimism with a 2-0 win over Scottish Premiership champions Celtic at Ibrox Valtteri Bottas yesterday in the final Old • Firm derby of the season. finished second with Next term will see Celt- Max Verstappen third ic bidding for a ninth suc- KNOW WHAT cessive title but this loss to Hamilton took their arch Glasgow rivals lead• on turn one and suggested the Hoops may not have things all their own stayed in front It was Hamilton’s third win this year, the 76th way. of his career and his Rangers went ahead as AFP | Barcelona early as the second minute fourth in Spain follow- through captain James Tav- ewis Hamilton beat Valt- ing victories in 2014, ernier’s low free-kick before teri Bottas in the Span- 2017 and 2018 Scott Arfield doubled their Lish Grand Prix yesterday lead midway through the to replace his team-mate as taking his chance to pass the second half. world championship leader as flat-spotted Vettel, then swept The Light Blues’ victory Mercedes’ extended their re- up to third. meant both sides had won cord start to the season with a Almost invisibly, Hamilton two derbies each this sea- fifth 1-2 finish. then began to pull clear. From son. The defending five-time 1.7 seconds after three, his lead It also saw treble-chasers world champion seized the in- was 2.2 in six and three seconds Celtic’s lead at the top of itiative at the start in Barcelona Mercedes’ British driver Lewis Hamilton competes in the Spanish Formula One Grand Prix by lap 10. Bottas could not match the table cut to six points, and led from lights to flag with his thrust through traffic and by although given Neil Len- a consummate demonstration of hero Carlos Sainz of McLaren, hard first four races. Naturally start to draw level with pole- lap 20, when Vettel pitted, the non’s side had wrapped up his speed and race-craft at the Daniil Kvyat of Toro Rosso and we have a great car, but we don’t man Bottas and seize the initia- champion was clear by seven the title last week that was Circuit de Catalunya. Romain Grosjean in the second always get along. I’m grateful tive as they began the long run seconds. mainly of statistical interest. It was his third win this year, Haas. in the race that we managed to to Turn One. In that time, on lap 12, Fer- the 76th of his career and his It was the 16th time that Ham- settle our differences.” This left Bottas to respond, rari told Vettel to let Lerclerc fourth in Spain following victo- ilton won a Grand Prix after Bottas said: “I lost it there, but he had to defend against an pass him for fourth, the Mone- ries in 2014, 2017 and 2018. leading every lap of the race. at the start. The clutch was attack on his left from Vettel gasque moving up to third when Juventus lose their Responding to being outpaced Hamilton’s triumph hoisted strange – bite and release, bite down the third-longest straight Verstappen pitted on lap 23. By by Bottas in qualifying, Hamil- him back to the top of the stand- and release. I’ve never had that on the F1 calendar. Hamilton’s the time Hamilton had been in stripes as new kit ton came home 4.074 seconds ings with 112 points, including before.” surge gave him the inside line and out after lap 27, the order unveiled ahead of the Finn who was sec- one for fastest lap, ahead of Bot- while Vettel locked up as he resumed: Hamilton ahead of ond ahead of Max Verstappen tas on 105. Steely attempted to pass Bottas and Bottas by eight seconds with AFP | Milan of Red Bull, four-time champion “I have to put it down to this Verstappen said: “It was a hec- swerved left to avoid a collision. Verstappen, Leclerc and Vettel Sebastian Vettel and his Ferrari incredible team,” said Hamilton. tic first corner – I just backed out Bottas had to move quickly chasing. erie A champions Ju - team-mate Charles Leclerc. “This is history in the making to of it and it gave me a good posi- too as Leclerc cut in from the Notably, both Ferrari stops Sventus yesterday un- Pierre Gasly was a solid sixth have five 1-2’s. I am very proud tion. From there, the Mercedes right, the Ferraris narrowly took 4.4 seconds while the veiled their new home kit in the second Red Bull ahead of of that! were just too quick today.” missing each other as the order Mercedes men were stationary for the 2019-20 season, Kevin Magnussen of Haas, home “It’s definitely been a bit of a Hamilton made a near-perfect settled in Turn Two. Verstappen, for 2.8 and 2.6 respectively. which for the first time in over a century removes the iconic black-and-white stripes traditionally worn by players. Ackermann stuns Viviani The club was founded in 1897, but players have worn black and white stripes of for Giro stage two win various types since 1903. AFP | Fucecchio, Italy first stage win on his Giro de- Next season Cristiano but. Ronaldo and his teammates erman champion Pascal The 25-year-old had warmed will wear a half-and-half GAckermann won a high up for the three-week race jersey with white on the speed bunch sprint to claim around the Italian peninsula by right and black on the left. victory on stage two of the Giro winning the Eschborn-Frank- The team debuted the d’Italia yesterday, edging home furt, a World Tour race in his new jersey against Roma favourite Elia Viviani at the native Germany earlier this in Serie A yesterday in the line. month. His Bora team have Stadio Olimpico. Slovenian Primoz Roglic re- claimed 21 wins this season, “The daring new design tains the overall lead as the but just one by Slovak team evokes the past, whilst ig- peloton finished together af- leader Peter Sagan. niting the future of the club ter a 205km run from Bolo - Ackermann said his victory New Millennium School-DPS students after winning the title in the CBSE Cluster (Bahrain Chapter) Inter-School through the evolution of gna to Fuceccio, with Acker- boded well for the teams am- Under-19 Tennis Championship, 2019. In the final, NMS-DPS overwhelmed by defeating Indian School (4-1 in Singles and the iconic black and white mann, of the Bora-hansgrohe bitions at the three week race. 3-1 in Doubles) and emerged as winners stripes,” the team said. team, crossing the line in 4hrs “I feel so happy. It was my 44mins and 43sec. first chance to win a stage and Ackermann finished just we achieved it straight away. ahead of Viviani and Austral- It’s good for the next three ian Caleb Ewan, to claim his weeks. Belotti brace keeps Torino in European chase

AFP | Milan elite European football next sent for a second yellow card back into season alive after Atalanta, AC after celebrating by pulling his the game ndrea Belotti scored the Milan and Lazio had already jersey over his head. on 81 Awinner with a spectacular won their games on Saturday. Belotti almost scored after the min- overhead kick as Torino came Walter Materazzi’s side over- break but Sassuolo goalkeep- utes from behind to see off ten-man take Roma -- who were to host er Andrea Consigli denied his with Be- Sassuolo 3-2 yesterday to keep champions Juventus later yes- over-head kick. lotti sealing victory the pressure on their rivals for terday -- and are now in sixth The Torino captain grabbed with another over- Champions League football position three points adrift of the equaliser on 56 minutes, head kick which next season. Inter Milan who occupy fourth but Sassuolo charged back with this time found the Torino skipper Belotti missed place and host Chievo today. Jeremie Boga racing down the back of the net a a penalty after 17 minutes in Medhi Bourabia put Sassuo- flank forcing a Salvatore Sirigu minute later for Turin but made up with two lo ahead after 27 minutes, but save, only for Pol Lirola to turn his eighth goal in second half goals. the visitors played a man down in the rebound with a back-heel the last ten league Torino needed a win to keep for most of the game when the flick. games, to bring his Team Bora rider Germany’s Pascal Ackermann jubilates as he finishes first their hopes of a first foray into Moroccan midfielder was then Simone Zaza pulled Torino tally to 15. Andrea Belotti MONDAY, MAY 13, 2019 16 Man City retain title Manchester City pip Liverpool to Premier League title with crushing win at Brighton English Premier League Sadio Mane double Brighton 1 4 Manchester City defeats• Wolves but Burnley 1 3 Arsenal Liverpool’s title Crystal Palace 5 3 Bournemouth wait goes on Fulham 0 4 Newcastle United Leicester City 0 0 Chelsea Cardiff mark Liverpool 2 0 Wolverhampton top-flight• departure with victory at Manchester United 0 2 Cardiff City Manchester United Southampton 1 1 Huddersfield Town Tottenham Hotspur 2 2 Everton Chelsea secure Watford 1 4 West Ham United third• place in Premier League with goalless Italian Serie A draw at Leicester Torino 3 2 Sassuolo Frosinone 1 3 Udinese AFP | London Sampdoria 1 2 Empoli SPAL 1 2 Napoli anchester City retained the Premier League ti- German Bundesliga tle in style yesterday, Manchester City’s Vincent Kompany lifts the Premier League Trophy M Eintracht Frankfurt 0 2 1. FSV Mainz 05 holding their nerve to come first English top-flight title since recent weeks, showing they have from behind against Brighton 1990, before the Premier League added steel to their style. and see off a charging Liverpool era even started. The outcome was cruel on Spanish La Liga after a thrilling campaign. City fans’ nerves were shred- Liverpool, who are second be- Pep Guardiola’s team thumped ded even further when Glenn hind only United in the all-time Athletic Bilbao 3 - 1 Celta de Vigo Brighton 4-1 away to finish on 98 Murray put Brighton in front KNOW WHAT list of English champions with Atletico de Madrid 1 - 1 Sevilla points -- the second-highest from a corner in the 27th min- 18 titles, although the last came Barcelona 2 - 0 Getafe total in Premier League history ute, resulting in a huge roar at in 1990. -- as Liverpool beat Wolves 2-0 Anfield. The Merseysiders’ points tally Girona 1 - 2 Levante Manchester City are Leganes 0 - 2 Espanyol at Anfield to finish a single, ago- But those cheers were quickly the first side to retain is the third-highest in Premier nising, point adrift. muted, with Guardiola’s side lev- League history. Rayo Vallecano 1 - 2 Real Valladolid City, who strung together 14 el just 83 seconds later, Aguero the title since their bit- Jurgen Klopp’s side travelled Real Betis 2 - 1 Huesca league wins at the end of the staying onside and keeping his ter rivals Manchester to face City at the Etihad in Jan- season, are the first side to retain cool to finish after a brilliant ball United managed the uary with the chance to open Real Sociedad 3 - 1 Real Madrid the title since their bitter rivals from David Silva. feat in 2009 up a 10-point lead but the de- Valencia CF 3 - 1 Alaves Manchester United managed Ten minutes later, the un - fending champions won 2-1 in Villarreal 1 - 0 Eibar the feat in 2009, and remain on marked Aymeric Laporte rose League records in romping to what turned out to be the pivotal course for the first domestic tre- to head in Riyad Mahrez’s cor- the title last season, becoming match of the campaign. ble in English football history. ner to complete the turnaround the first team in English top- Liverpool suffered a blip in Club World Cup But Guardiola’s team of aris- for City. flight history to reach 100 points late January and February, held Rennes 1 1 Guingamp tocrats did not have it all their Guardiola’s side continued and finishing a record 19 points to a series of draws, but they Lille 1 0 Bordeaux own way on a day of drama on to dominate at the start of the clear of closest rivals Manches- found their form again and re- *Scores as of closing England’s south coast in keeping second half and were rewarded ter United. lentlessly harried City, finishing with an astonishing season in when Mahrez smashed in a third This term has been a totally with nine straight league wins. of Premier League action, Tot- Ole Gunnar Solskjaer’s Man- which the lead switched hands goal with 27 minutes to go. different campaign, with Guar- Klopp’s team will have to tenham made mathematically chester United finished their time after time. Ilkay Gundogan then blasted diola’s men forced to dig deep to put the disappointment behind certain of a place in the top four, season with a whimper, losing Liverpool drew first blood home a free-kick to put the re- see off the relentless challenge of them as they prepare to face drawing 2-2 against Everton. 2-0 at home to relegated Cardiff. yesterday, with Sadio Mane sult beyond doubt. Liverpool, who have lost just one Premier League rivals Spurs in Arsenal beat Burnley 3-1 while There were also wins for Crys- striking in the 17th minute to Premier League game all season. the Champions League final in fellow Europa League finalists tal Palace, Newcastle and West put them mathematically top of Record-breakers The champions have ground Madrid on June 1. Chelsea were held to a goalless Ham. Southampton and Hud- the table and on course for their City broke a host of Premier out a number of 1-0 victories in Elsewhere on the final day draw at Leicester. dersfield drew 1-1.

Mumbai claim record fourth IPL title with one-run triumph ‘Inspirational’ Djokovic wins third

AFP | Hyderabad, India and fellow pace bowler Jasprit Bumrah who took 2-14, were Madrid title and 33rd Masters asith Malinga kept his decisive. Lnerve with the final ball as West Indies batsman Kieron AP | Madrid Mumbai Indians beat Chen- Pollard smashed an unbeaten nai Super Kings by one run to 41 off 25 balls to set up the ovak Djokovic joined Rafael clinch a record fourth Indian Mumbai total after they elect- NNadal as a 33-time Masters I was not playing my Premier League title yester- ed to bat first. champion yesterday when he best after winning the day. “The team that panics less swept to a 6-3, 6-4 win over Ste- Australia Open but I After Shane Watson hit a does better. It was a team per- fanos Tsitsipas to claim a third started this week well, blistering 80, Chennai needed formance,” said Pollard as the Madrid Open title. not dropping a set all two runs off the last ball to Mumbai players celebrated on The world number one domi- overtake Mumbai’s 149-8 but the pitch. nated a clearly exhausted oppo- through. I’ve played the Sri Lankan veteran bowled Watson batted through the nent less than 24 hours after the some of my best tennis Shardul Thakur lbw to claim Chennai innings until he was 20-year-old Greek had stunned here the landmark win. run out in the final over going five-time champion Nadal in a NOVAK DJOKOVIC Malinga gave away 49 runs for a reckless second run. He semi-final which ended around in his four overs but the last smashed four sixes and eight midnight on Saturday. two overs by the Sri Lankan fours in his 59-ball knock. Djokovic and Nadal will now Serbia’s Novak Djokovic kisses his trophy few physical reserves after a attempt to claim a 34th Mas- long semi-final struggle with ters title in Rome this week in dropping a set all through. I’ve volley into the corner. Nadal. a key indicator ahead of Roland played some of my best tennis Tsitsipas hailed Djokovic who “I needed to step up, Stefanos Garros which gets under way here.” will hold all four Slam titles if is very talented. But he finished on May 26. Tsitsipas, who beat Djokovic he goes on to claim a second around midnight -- he had a Djokovic never let Tsitsipas in their previous meeting last French Open next month. very late night and a very long get into gear in a final which summer in Canada, was broken “It’s inspiring what you do, match. lasted just over 90 minutes once in each set, enough of a simply amazing. You deserve it,” “This was a big week for me “This is a very important win margin for the top seed to take the Greek told the Serb. and I’m looking forward to con- for me, especially for my con- the trophy, his second of the sea- “You had a great week. It was tinuing like this in Rome. fidence,” 15-time Grand Slam son after the Australian Open. also a great one for me, with “The Masters 1000s are the winner Djokovic said. The Serb still needed four good memories and good crowd biggest ATP events, right along- “I was not playing my best af- match points to get the job done support.” side the Grand Slams. This is ter winning the Australia Open with Tsitsipas finally beaten Djokovic said he was likely about as important and good Mumbai Indians cricketers celebrate after winning the final but I started this week well, not when Djokovic sent a winning facing an opponent lacking a as it gets.”