TWITTER CELEBS @newsofbahrain OP-ED 10 A universal theatre with boundary-less actors INSTAGRAM Ariana Grande, Pete /nobmedia 13 Davidson engaged LINKDIN WEDNESDAY newsofbahrain JUNE 2018 Singer Ariana Grande and comedian Pete Davidson WHATSAPP 200 FILS 38444680 ISSUE NO. 7776 reportedly got engaged af- ter several weeks of dating. FACEBOOK /nobmedia “It’s a recent engagement. They’re just two people MAIL [email protected] who found love quickly and make each other hap- WEBSITE newsofbahrain.com py all the time. P 17 Ariana Grande, Pete Davidson engaged 17 SHOW SPORTS 20 Neymar is star attraction as fans swarm to training Blocs announce alliance in Iraq Ex-minister Habib Qassem passes away Baghdad TDT|Manama ationalist cleric Mo- cluding Al Mahd Investment Nqtada Al Sadr and Ira- abib Ahmed Qassem, Company, Bahrain Steel Mixing nian-backed militia chief former Minister of Company, Bahrain Electricity Hadi Al Amiri, who won HCommerce and Agricul- Supply and Distribution Compa- first and second place re- ture, and one of the most prom- ny, Capital Growth Management spectively in Iraq’s May inent businessmen in Bahrain Company and Quality Wire parliamentary election, an- passed away yesterday. Products Company. nounced yesterday an alli- One of the highly successful He was Chairman of the Al ance between their political businessmen in the Kingdom, Mahd School. The Minister blocs. Habib Qassem started his career of Commerce and Agriculture The announcement came as an English language teacher from 1976 to 1995, he also served at a joint press conference at the Ministry of Education. as a member of the Advisory in the Shiite holy city of Na- He later discovered his pen- Body of the Supreme Council jaf, state television said. chant for business and contrib- of the Cooperation Council for Earlier in the day, Prime uted towards the establishment A file picture shows Habib Qassem receiving a honour from HH Shaikh Isa bin the Arab Gulf States from 1997 Minister Haider Al Abadi of many leading companies in- Habib Qassem Salman Al Khalifa, the late Amir. to 2007. said he opposed any repeat of the May 12 parliamentary election, and warned that anyone who tried to sabo- tage the political process would be punished, after al- legations of electoral fraud raised tensions. Risky romance Greece-Macedonia name row ends Trump-Kim summit ends with promise, light on substance Athens on how effective Trump had been at reece has reached a The joint statement obtaining Washington’s pre-summit goal Gdeal on the name of its • of getting North Korea to undertake com- northern neighbour, which said Trump “committed to plete, verifiable and irreversible steps to called itself Macedonia at provide security guarantees” scrap a nuclear arsenal that is advanced the break-up of the former to North Korea. enough to threaten the United States. Yugoslavia. Critics at home said the US president After 27 years of talks - Kim said after the summit had given away too much at a meeting and many protests - they • that gave international standing to Kim. have settled on the name he and Trump had “decided The North Korean leader is deeply isolat- Republic of North Macedo- to leave the past behind”. ed, his country accused by rights groups nia, or Severna Makedonija of widespread human rights abuses and in Macedonian. under UN sanctions for its nuclear and Greece had objected to Singapore ballistic missile programs. the name Macedonia, fear- If implemented, the halting of the joint ing territorial claims on its S President Donald Trump made military exercises would be one of the eponymous northern re- a stunning concession to North most controversial moves to come from gion. UKorean leader Kim Jong Un yes- the summit. The drills help keep US forc- It had vetoed the neigh- terday about halting military exercises, es at a state of readiness in one of the bour’s bid to join Nato and pulling a surprise at a summit that baf- Trump meets Kim Jong-un in a carefully choreographed encounter in Singapore yesterday. world’s most tense flashpoints. the European Union. fled allies, military officials and lawmak- “We will be stopping the war games The new name will now ers from his own Republican Party. South Korea and Japan. North Korea The summit, the first between a sitting which will save us a tremendous amount need to be approved by the At a news conference after the historic has long sought an end to the war games. US president and a North Korean leader, of money, unless and until we see the fu- Macedonian people and meeting with Kim in Singapore, Trump The two leaders promised in a joint was in stark contrast to a flurry of North ture negotiation is not going along like it Greek parliament. announced he would halt what he called statement after their meeting to work Korean nuclear and missile tests and angry should. But we’ll be saving a tremendous “very provocative” and expensive regular toward the “denuclearisation” of the exchanges of insults between Trump and amount of money, plus I think it’s very military exercises that the United States Korean Peninsula, and the United States Kim last year that fueled worries about war. provocative,” Trump said. holds with South Korea. promised its Cold War foe security guar- Noting past North Korean promises to His announcement was a surprise even That was sure to rattle close allies antees. But they offered few specifics. denuclearise, many analysts cast doubt to President Moon. IN A FIRST DON’T MISS IT UAE crypto firm wins CBB’s regulatory sandbox licence Diversification blockchain startup, also sandbox, companies are re - key for growth A regulatory sandbox makes it the first and only quired to adhere to CBB regu- 02 • DID cryptocurrency exchange in lations including Know Your is a framework and the Middle East and North Customer (KYC), Anti-Money process that facilitates Tobacco tax Africa to receive a regulatory Laundering and Countering Fi- the development of the KNOW sandbox licence. nancing of Terrorism, as well as revenue up by financial technology A regulatory sandbox is a follow appropriate disclosure, 03 74pc framework and process that protection and compensation (fintech) industry in a facilitates the development requirements related to their safe and calculated way. Sandbox provides a virtual of the financial technology customers. space for companies to (fintech) industry in a safe Alsehli added: “The wild fluc- ‘Allergic reaction TDT|Manama test their technology- and calculated way. ArabianChain tuations and phenomenal surge 05 not cause of based innovative Commenting on the mile- will start with a in valuation of cryptocurrencies girl’s death’ he Central Bank of Bah- solutions, and is open to stone, ArabianChain founder limited number like Bitcoin have continued to rain (CBB) has granted existing CBB licensees and and CEO Mohammed Alse- of select users to drive exponential growth in de- Ta regulatory sandbox li- other local and foreign hli said: “ArabianChain will test and optimize mand to trade and issue digital cence to Palmex, a professional start with a limited number the process and assets. The region has been ea- digital asset exchange powered firms. The testing duration of select users to test and op- gerly waiting for a regulator-ap- by ArabianChain Technology. is nine months, with a timise the process and then then expand to proved platform that makes it The move, effective July 15, maximum extension of expand to the rest.” the rest. possible for them to buy and sell according to the Dubai-based three months. Whilst in the regulatory ALSEHLI in a secure environment.” WEDNESDAY, JUNE 13, 2018 02 Diversification key for growth HRH the Premier receives Newsweek journalists US Newsweek magazine when he made hensive interview with HRH Premier on development efforts which entitled Tackling the latest regional the remark. the kingdom’s achievements in various it to rank high in international eco - • The delegation conducted a compre- fields, as well as on his visions towards nomic indicators, the Prime Minister and global developments, the challenges to the region and the said that Bahrain has a distinguished HRH the Premier said that The settlement of world. international conflicts of any experience in human and sustaina - the world is living in an HRH the Premier stressed the depth kind can only be achieved ble development, and is resolved to era of great blocs, which DID of the extensive contacts between continue its march to attain more Bahrain and the US on various de- through dialogue and achievements. requires strengthening the velopment fields, lauding the steady negotiations, and this is a Tackling the latest regional and glob- international community’s KNOW progress of bilateral relations which, necessary condition al developments, HRH the Premier said ability to face threats. he said, embodies the two friendly for peace. that the world is living in an era of great countries’ shared desire to constantly blocs, which requires strengthening HRH THE PREMIER Manama bolster their cooperation to achieve the international community’s ability Newsweek will issue a their common interests. to face threats and challenges that are The Prime Minister asserted that government’s keenness to develop and difficult to be faced unilaterally. he Kingdom aims to diversify special report on Bahrain, under the leadership of His Majesty support everything that would consol- “The settlement of international con- its revenue channels for the the first of its kind about King Hamad bin Isa Al Khalifa, the idate the kingdom’s economic standing flicts of any kind can only be achieved Toverall economic growth, said a country in the Middle kingdom had launched a develop - and competitive potentials, noting that through dialogue and negotiations, and HRH the Premier yesterday.