Bahrain Committed to Investing in Workforce Development TDT | Manama Role Bahraini Citizens Play in Development Across All Levels

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Bahrain committed to investing in workforce development TDT | Manama role Bahraini citizens play in development across all levels. the Kingdom’s comprehensive Prince Salman expressed his ahrain is firmly commit- development, led by HM King pride in meeting the Kingdom’s ted to investing in initi- Hamad bin Isa Al Khalifa, HRH youth during his Ramadan ma- Batives that aim to further Prince Salman said, “The grace jlis visits and highlighted their strengthen the skillset of Bah- of Allah, the collaborative ef- efforts in upholding traditional raini citizens, said Deputy King. forts of Bahrain’s citizens, and values. His Royal Highness Prince the continuous support extend- For their part, the Majlis hosts Salman bin Hamad Al Khalifa ed by Saudi Arabia, the UAE and and guests expressed their grat- was visiting the Majlis of HH Kuwait, the Kingdom was able itude for the Deputy King’s vis- Shaikh Mohammed bin Khalifa to overcome financial challeng- it and highlighted the Deputy Al Khalifa, the Majlis of the sons es.” King’s role in advancing Bah- of the late Rashid Abdulrahman The Deputy King noted the rain’s comprehensive develop- Royal order on Al Zayani, the Majlis of the Al importance of further enhanc- HRH Prince Salman during a Majlis, yesterday ment. adjourning session Kooheji family, and the Majlis of ing the role of the private sector King said that strengthening investments. His Highness Shaikh Isa bin the sons of the late Abduljabbar as the main driver of economic the Kingdom’s economic com- The Deputy King underlined Salman bin Hamad Al Khalifa Manama Al Kooheji. growth. petitiveness within various sec- the active role of the Kingdom’s accompanied the Deputy King Highlighting the crucial In this regard, the Deputy tors is vital to attracting new youth in advancing Bahrain’s during the Majlis visits. is Majesty King Ham- Had bin Isa Al Khalifa yesterday issued Royal Or- der 24/2019, adjourning the first session of the fifth Leg- King’s visit strengthened Bahrain-UK ties: PM islative term of the Shura and Representatives Coun- TDT | Manama ter of Works, Municipalities cils from Wednesday. Affairs and Urban Planning in DON’T MISS IT The Royal Order shall be is Royal Highness Prime this regard, and referred it to published in the Official HMinister Prince Khalifa the Ministerial Committee for Gazette. bin Salman Al Khalifa yesterday Financial, Economic and Fiscal hailed His Majesty King Hamad Balance Affairs. bin Isa Al Khalifa’s recent visit HRH the Prime Minister also Sand sale boosts Four lawmen to the United Kingdom saying, gave directives to ensure greater 03 state coffers “The visit would contribute in share for Bahraini contractors killed in Pakistan strengthening the friendly Bah- in development projects during HRH the PM chairing weekly Cabinet session, yesterday ‘Look out for bombing rain-UK relations.” the first quarter of 2019. The Prime Minister, chair- visit to Egypt and Kuwait. Fiscal Balance Programme.” In this regard, the session re- 04 Bahrain’ Quetta, Pakistan ing the regular weekly Cabinet The Premier lauded the “con- viewed the progress of 86 pro- session held at the Gudaibiya structive and fruitful” coop - Supporting shrimpers jects in the roads, sanitation and Batelco our police were killed Palace yesterday, stressed that eration of the Legislative and The session discussed pro- construction sectors with a total completes legal Fand nine other people King’s visit would open up wid- the Executive Branch during cedures to implement HRH cost of BD326 million. 11 wounded when militants er horizons of bilateral cooper- the discussion of the draft- Premier’s directives to support The Cabinet was also in - separation detonated a bomb hidden ation. This was announced in a law on approving the Gener- shrimpers, including a recom- formed that 93 projects, worth under a motorbike in the post-session statement by the al State Budget (2019-2020), mendation by the Ministerial BD 67m had been put up to ten- southwestern Pakistani city Cabinet Secretary-General, Dr saying, “This contributed to Committee for Development der, including 22 tenders with a of Quetta, police said yes- Yasser bin Isa Al-Nasser. speeding the approval of the and Infrastructure Projects. total cost of about BD36m and 26 terday. The Premier also lauded the budget and government’s It also reviewed a memoran- others that had been awarded outcomes of HM King’s recent efforts to implement the dum submitted by the Minis- at a total cost of about BD9.5m. Gulf on high alert Two Saudi tankers damaged in ‘sabotage attacks’ near UAE Serious development’ ‘Criminal acts’ he UAE warned that “carry- wait, Qatar and Iran itself, at he six-nation Gulf Coop- Ting out acts of sabotage on least 15 million barrels per day, Teration Council (GCC) -- commercial and civilian vessels are shipped through the Strait which includes Saudi Arabia Tankers suffered and threatening the safety and of Hormuz. and the UAE -- as well as the • lives of those on board is a se- The UAE had earlier categor- Arab League condemned Sun- “significant damage” rious development”. ically denied reports on social day’s incident. No one was hurt and Abu media of massive explosions “This is a dangerous esca- Four commercial Dhabi called on world powers in oil tankers off the coast of lation representing evil inten- vessels• were hit to help keep maritime traffic Fujairah, whose port on Mon- tions by those that planned on Sunday safe. Almost all the oil exports day was calm with no signs of and executed this operation,” of Saudi Arabia, Iraq, UAE, Ku- damage. GCC secretary general Abdul- latif al-Zayani said in a state- No casualties or The minister denounced the dle East. ment. any• oil spill reported attacks on vessels as acts that Fujairah port is the only Emi- Arab League chief Ahmed “aims to undermine the freedom rati terminal located on the Ara- Aboul Gheit said the “criminal Iran has repeatedly of maritime navigation, and the bian Sea coast, bypassing the acts were a dangerous viola- threatened• to security of oil supplies to con- Strait of Hormuz, through which tion of the freedom and safety Saudi oil tanker Al-Marzoqah, one of the four tankers damaged in alleged sumers all over the world.” most Gulf oil exports pass. of trade”. close the strait “sabotage attacks” in the Gulf. - AFP The attack came soon after The UAE said on Sunday that British foreign minister Jer- four commercial vessels of var- four commercial vessels of var- emy Hunt called for “a period TDT | Manama The vessels were targeted di crude oil from the port of Ras ious nationalities had been tar- ious nationalities had been tar- of calm”. “We are very wor- while on their way to cross into Tanura, to be delivered to Saudi geted by acts of sabotage off the geted by acts of sabotage off the ried about the risk of a conflict n a mysterious “sabotage the Arabian Gulf off the coast of Aramco customers in the US. emirate of Fujairah. emirate of Fujairah. happening by accident with an attacks”, two of Saudi Ara- Fujairah, said Khalid Al-Falih, “Fortunately, the attack didn’t It also followed a warning is- The UAE minister of state for escalation that is unintended Ibia’s oil tankers yesterday Saudi Minister of Energy, Indus- lead to any casualties or oil spill; sued recently by the US intel- foreign affairs, Anwar Gargash, on either side but ends with suffered “significant damages’ try and Mineral Resources. however, it caused significant ligence claiming that Iran has said the Emirates will probe some kind of conflict,” he said near the territorial waters of the One of the two vessels was on damage to the structures of the made plans to target US forces in the “deliberate sabotage” of the from a meeting of EU foreign United Arab Emirates. its way to being loaded with Sau- two vessels,” Al-Falih said. Iraq and elsewhere in the Mid- ships. ministers in Brussels. TUESDAY, MAY 14, 2019 02 Cabinet approves TRA fee amendment

A new fee for excellent• licensing for the fixed telecommunications infrastructure networks will be created

TDT | Manama

he Cabinet, chaired by His Royal Highness TPrime Minister Prince Khalifa bin Salman Al Khalifa yesterday at the Gudaibiya Pal- ace, approved the amendment of some provisions of the executive regulation on the fees imposed by the Telecommunications Regulatory Authority (TRA) on licences and other services. The move falls in line with the Fourth National Telecommuni- cations Plan, and its initiatives Prime Minister HRH Prince Khalifa bin Salman Al Khalifa during the Weekly Cabinet Session held yesterday to develop the Kingdom’s telecommunications infrastructure, Regulating Lyrica The session referred the draft ister and Chairman of the Min- Bahraini-Egyptian Committee. Understanding (MoU) between including the establishment of The session discussed a draft edict to the Ministerial Com- isterial Committee for Legal and The move was as outlined in the Bahrain’s Education and Train- a company for the fixed tele - resolution submitted by the mittee for Legal and Legislative Legislative Affairs. The draft presentation given by the Depu- ing Quality Authority (BQA) and communications infrastructure Minister of Health concerning Affairs. law was referred to the Legisla- ty Prime Minister and Chairman the Malaysian Qualifications network. the procedures for regulating tive Branch, following the con- of the Ministerial Committee for Register (MQR) for five years, in Under the amendment, a new and controlling the dispensing Universal Postal Union stitutional and legal procedures Legal and Legislative Affairs. light of the presentation given by fee for excellent licensing for of all pharmaceutical products The Cabinet endorsed a bill in force. The bill was referred to the the Minister of Transportation the fixed telecommunications containing “Lyrica”. to ratify the Universal Postal Legislative Branch, following and Telecommunications. infrastructure networks will The move is in line with the Union’s (UPU) documents ap- Bahrain-Egypt customs the constitutional and legal pro- The MoU aims to enhance co- be created and added to list 1 Kingdom’s keenness to control proved during the 24th, 25th and The session approved a draft- cedures in force. operation between the two sides of fees. the dispensing of all pharma- 26th conferences held in 2008, law to ratify a customs coopera- in matters relating to national The Cabinet endorsed ceutical products similar to the 2012 and 2016, respectively, as tion agreement, signed between MoU between BQA, MQR qualifications frameworks, as an edict to be issued in this drug, commonly known as “Lyr- highlighted in the presentation Bahrain and Egypt during the The session approved the re- well as professional develop- regard. ica”. given by the Deputy Prime Min- meeting of the 10th High Joint newal of the Memorandum of ment. 03 TUESDAY, MAY 14, 2019 big story Sand sale boosts state coffers

Sales were mostly to• companies in the construction business Nine local Government has licensed• 12 companies companies for sand extraction are extracting Licences were sand from awarded• after ensuring East Hidd, environmental safety while three • Govt charging 500 foreign fills per cubic meter companies are working from The environment was given a high the northeast level of importance of Bahrain before approving any areas for dredging. Sand is TDT | Manama a natural resource Mohammed Zafran Sand extraction in Bahrain ahrain’s government has that we use wisely pumped over BD 2 million ning Essam Khalaf in a written high level of importance before minister said that the govern- “Over 400,000 appointments Binto the state’s coffers by response to the Parliament. approving any areas for dredg- ment is planning a new cattle were fast-tracked last year using ESSAM KHALAF selling sand in the past year, it According to the Minister, ing,” the minister said adding: market in the Kingdom. the scheme,” the minister said. was revealed. the government has licensed 12 “Sand is a natural resource that These responses and more Thanks to the abundant na- companies for sand extraction. we use wisely.” Appointments fast-tracked are expected to be discussed tional resource, the sand sale has Nine local companies are ex- “By charging 500 fills per cu- The Parliament also recently at length in today’s Parliament injected 2,216,566 dinars into tracting sand from East Hidd, bic meter, we are making a good received a number for written session. Bahrain’s revenue stream in the while three foreign companies profit.” responses from ministers in Ten ministers are expected at ministers. year 2018. are working from the northeast “However, protecting the en- which one of them was about to attend today’s parliament Most of the questions, sources Sales were mostly to compa- of Bahrain. vironment and marine resources fast-tracking appointments. session which could be the last said, are aimed at the Minister of nies in the construction busi- The minister also confirmed is a priority and hence we are Health Minister Faeqa bint before the first legislative recess Education, at least six questions. ness. that the licences were awarded careful,” he said. Saeed Al Saleh stated that a new of the term. The Minister of housing will The details were revealed by after applying strict measures scheme has been implemented According to sources, par- have four questions to answer the Minister of Works, Munici- to ensure environmental safety. New Cattle market to shorten the time taken for liamentarians are ready with while the Works minister will palities Affairs and Urban Plan- “The environment was given a While replying to a query, the medical appointments. more than 23 questions aimed have three questions to answer. ‘Bahraini Hezbollah’: Court hears appeal TDT | Manama Court revoked the citizenships Best mazda deals Three major terrorist of 138 defendants, while others he Supreme Court of Ap- groups – Saraya Al received sentences of varying on ramadan Tpeals held the hearing in Ashtar (Al Ashtar jail terms. an appeal filed against a ver- Brigades), Saraya Al- Ninety-six of the 169 suspects dict issued in a case related to Mukhtar (The Chosen were awarded jail terms be - the forming of a terrorist group tween 39 and 10 years, while Brigades) and Saraya 23 received seven to one year known as “Bahraini Hezbol- Al Muqawama Al lah”. in jail. Thirty suspects were MAZDA cx-9 MAZDA cx-5 MAZDA cx-3 The appeal was filed by 91 of Sha’abya (Popular acquitted. MAZDA 6 MAZDA 3 the 169 accused sentenced in Resistance Brigades) The court also ordered the case, recently. were merged to form 96 defendants to pay fine of Advocate General, Consult- “Bahraini Hezbol- BD100,000 each. Twelve re -

ant and Terror Crime Prosecu- ceived a fine of BD500, while BD lah”. BD NOW NOW BD * tion Chief Dr Ahmed Al Ham- one of the defendants was asked * BD NOW 6,250 7,900 NOW * madi confirmed on April 16 that to pay BD231.8 as compensa- 7,600* 8,600 BD the case included 169 suspects. using explosives and firearms tion. NOW 11,400* The suspects were accused of without a license, financing a The group, according to in- establishing and joining a ter- terrorist group, transferring vestigators, was formed after rorist group, instigating a ter- and receiving funds, conceal- Iranian leaders ordered Iran’s 90 DAYS DEFERRED PAYMENT* rorist attack, attempted murder ing weapons, ammunition and Islamic Revolutionary Guards SPECIAL INTEREST RATE 1.99%* and training on the use of weap- explosives. Corps (IRGC) to merge Bah- ons and explosives, possessing, Tribune reported last month, rain-based terrorist groups un- CHANCE TO WIN RAFFLE DRAW* obtaining, manufacturing and the Fourth High Criminal der “Bahraini Hezbollah”. TRADE-IN AVAILABLE*

Bahrain condemns terrorist attacks in Burkina Faso, Nigeria TDT | Manama Faso and Borno State in Nigeria. The ministry also called for The Ministry of Foreign Af- concerted international efforts working hours in ramadan TUBLI TEL : 17 875 777 Follow us on ahrain yesterday strongly fairs expressed sincere condo- to eliminate this scourge that 8:00AM to 1:00pm Mazdabahrain 8:00PM to 12:00Am SITRA TEL : 17 706 010 Bcondemned the terrorist lences and wished the injured a threatens international peace friday closed attacks in Dablo city in Burkina speedy recovery. and security.

DTN_03_03082018.pdf TUESDAY, MAY 14, 2019 04 ‘Look out for Bahrain’ Global Startup Ecosystem Report (GSER) which has ranked Bahrain high on several key indicators asks the world to watch Bahrain for its FinTech developments

Ranks top 10 for the• largest share of female founders

Ranked in top 15 ecosystem• for availability of qualified talent

Bahrain among the• top performing ecosystems One of Bahrain’s The ecosystem key competitive created• by the Kingdom advantages in the valued at $594 million region is its educated, economically active Bahrain’s wage young population. We • have redoubled our support and liberal efforts to support tax regime hailed globally recognized training solutions to TDT | Manama broaden and deepen our pool of tech- ahrain has been ranked savvy professionals one of the top 10 ecosystems in the world with the B DR EBRAHIM MOHAMMED JANAHI largest share of female founders, according to a new ranking from CEO AT TAMKEEN accelerator and research group Startup Genome. The 2019 Global Startup Eco- system Report (GSER) also iden- tified the Kingdom as one of the Ebrahim Mohammed Janahi top 15 ecosystems in the world praised Bahrain’s global achieve- for the availability of qualified ments in demonstrating a sup- talent. portive startup ecosystem. While valuing the worth of “As our economies transition Ecosystem created by the King- to the fourth industrial revolu- dom as $594 million, the report tion, we — communities driving further highlights wage support the global startup revolution — and a liberal tax regime as rea- have a major role to play,” said sons a startup should move to JF Gauthier, Founder and CEO Bahrain. of Startup Genome. “Not only The report places Bahrain can startup ecosystems act as the among the top performing eco- top engine of job creation and systems among countries from economic growth, but our start- What makes Bahrain attractive? Europe and the Middle East to ups can also help solve many of Ranks number 1 globally in mobile broadband penetration (162.1 per 100 look out for in terms of FinTech. our society’s biggest challenges Tamkeen engaged Startup including climate change and population) and #2 globally for the percentage of internet users (98%). Genome to benchmark Bahrain inequality.” Bahrain Development Bank announced that the Al Waha Fund of Funds against more than 50 ecosys - Featuring new and exclusive successfully closed a $100 million fundraising round to invest in regional tems globally in 2019’s GSER. content, the 2019 GSER provides startups, making it the first active venture capital fund of funds in the The GSER is the world’s most insights and guidance to public region. comprehensive and widely-read and private leaders in dozens Ranks first globally in Islamic finance regulation in the Global Islamic research on startups based on of countries and cities — from Finance Report due to its standards on crowdfunding and open banking. data from thousands of startup Bahrain to New Zealand— about Government has reduced capital startup requirements from $50,000 founders and research on mil- how to cultivate vibrant startup to $100 for some businesses and introduced a regulation-exempt lions of companies. The report ecosystems. The report outlines “sandbox” for Fintech startups. was launched yesterday at The key success factors for startups, Next Web Conference. constituting the new science Bahrain’s private sector will soon launch a new $100 million fund Commenting on the report, for entrepreneurial ecosystem dedicated to the Fintech sector. In 2018, Waqfe raised $2 million from Tamkeen Chief Executive Dr development. investors. Winners of Manama Rose Show Stakes Crowned

TDT | Manama top elite competitors from all terest of HH Shaikh over the world. Nasser bin Hamad Al inners of the Manama Winning the event was Irish Khalifa, Represent- WRose Show Stakes Show- Sean Brian, who completed the ative of His Majesty jumping competition, held as event in 61.75, followed by Brit- the King for Chari- part of Royal Windsor Eques- ish Guy Williams and British ty Works and Youth trian Festival, were crowned Scott Brash in second and third Affairs and Presi - yesterday. places, respectively. dent of the Supreme Awards were presented by Dr Also, featuring was Bahrain’s Council for Youth and Khalid Ahmed Hassan, Manag- Khalid Hilal Al Khateri who Sports. er of Bahrain Royal Endurance finished in 72.82 seconds with Al Alawi pointed Team, Ghalib Al Alawi, Secre- four faults. out that the contest tary of Bahrain Royal Equestri- Commenting, Dr Khalid said came very strong, an and Endurance Federation that Manama Rose Show Stakes while Al Salehi ex- (BREEF) and Tawfiq Al Salehi, was a great opportunity to high- plained that the Fes- Director of the Media Office and light Bahrain and shed light on tival was a unique Information Centre of HH Shai- its modern achievements in the chance to continue kh Nasser bin Hamad Al Khalifa. bright era of HM King Hamad promoting Bahrain Held amid very high spectator bin Isa Al Khalifa in various at the international attendance, the event featured fields, hailing the care and in- level. Award distribution TUESDAY, MAY 14, 2019 04 TUESDAY, MAY 14, 2019 05

Smuggling narcotics into Attempted murder of policemen: prison: Court rejects appeal TDT | Manama of the prison with 44 pills ‘Look out for Bahrain’ in his mouth and pocket. he Court of Cassa- The defendant, report- Court rejects teenagers appeal Ttion rejected the ap- edly, handed over the Global Startup Ecosystem Report (GSER) which has ranked Bahrain high on several key indicators asks the world to watch peal of two brothers who drugs to his brother while Bahrain for its FinTech developments TDT | Manama were convicted twice of shaking hands at the in- The Bahraini man, a mi- of 300-400 men who were tak- On July 23, 2013, the Public attempting to smuggle nar- mates’ visiting area. ing part in an illegal gathering Prosecution accused the sus - cotics into the Reformation The latter hid the pills in he Supreme Court of Ap- nor, attacked police of- in Diraz. pects of premeditated murder and Rehabilitation Centre his mouth and later swal- • Ranks top 10 for peals has rejected the ap- ficers, along with others, The policemen were attacked, by attacking public servants (po- (Jau Prison). lowed them. the largest share of Tpeal of a Bahraini teenager using firearms, Molotov when security forces at the scene licemen) using birdshot shotguns The duo was earlier A guard noticed the inci- female founders who was convicted, along with cocktails, iron rods and attempted to disperse the crowd after luring them into an ambush. sentenced to five years of dent, which was recorded others, of attempted murder for locally-made projectiles for disrupting public security. The suspects were also accused imprisonment. The Court by the surveillance camer- attacking policemen. Three police officers were in- of participating in an illegal gath- also fined them BD3,000 as at the centre. Ranked in top 15 that were shot using fire According to court files, the extinguishers jured in the attack, Court files ering of more than five individu- each. When confronted, the ecosystem• for availability Bahraini man, a minor, attacked said. als to disturb public security with Court files say, one of prisoner confessed that he of qualified talent police officers, along with others, Investigations led to identifying Molotov cocktails. the defendants was already had convinced his broth- using firearms, Molotov cocktails, several suspects, out of which 31 Thirty-one defendants received serving a jail term, at the er to help him smuggle 24 Bahrain among iron rods and locally-made pro- extinguishers. individuals, including the appel- jail terms varying between five time of the incident, for tablets of Methadone and • jectiles that were shot using fire The suspect was among a crowd lant, were arrested. and 15 years. importing drugs. 20 tablets of Methamphet- the top performing While in prison, the man amine. ecosystems persuaded his brother to He was later taken to a One of Bahrain’s bring narcotic pills to him clinic, where the sheets The ecosystem key competitive Registration opens for using the prisoners’ visit- were removed from his gut. • advantages in the ing hours. The brothers’ appeals created by the Kingdom Court upholds death sentence ‘Make Music Bahrain’ The brother managed were rejected twice by the valued at $594 million region is its educated, economically active TDT | Manama to slip through a security court and confirmed the checkpoint at the entrance previously issued verdict. Bahrain’s wage young population. We for smuggling hashish ake Music Bahrain, a one-day • have redoubled our music festival organized by support and liberal efforts to support TDT | Manama M tax regime hailed ters with the help of an Iranian the French Embassy and Alliance globally recognized The case involved supplier.” Française, open to professional training solutions to he Supreme Court of Ap- seven suspects who Court files say the suspects or amateur, local or foreign musi- Man died of head injury TDT | Manama broaden and deepen Tpeals yesterday upheld the were sentenced by were caught following a joint cians, will be held this year on 21st our pool of tech- death sentences issued against the High Criminal operation led by the Interior of June 2019. TDT | Manama victim who was admitted ahrain has been ranked savvy professionals two men who were previously Ministry’s Police Aviation team The event will be held at Alliance Mohammed Zafran to the hospital since then,” found guilty of trafficking 68 Court on December and Coast Guard Command. française (Isa Town), from 4 pm. man who was report- the source said. one of the top 10 ecosys- 31, 2018 tems in the world with the kilograms of Hashish into Bah- Sixty-eight blocks of Hashish, to 11 pm. Aedly punched and The incident occurred B DR EBRAHIM MOHAMMED JANAHI rain from Iran through the sea. each weighing one kilogram, knocked to the floor during last Thursday. Another largest share of female founders, according to a new ranking from CEO AT TAMKEEN The case involved seven sus- were seized during the oper- a fight in Riffa died from a man was also reportedly accelerator and research group pects who were sentenced by defendant who received life ation. To participate submit head injury on Sunday. injured in the fight. “He Startup Genome. the High Criminal Court on imprisonment to pay a fine of It’s noteworthy that drug a recording of what Hardeep Singh Sekhon, injured his foot badly and The 2019 Global Startup Eco- December 31, 2018. BD13,000. traffickers are frequently ar- you wish to present an Indian national in his needed urgent medical system Report (GSER) also iden- Two of the defendants were Suspects were arrested fol- rested in Bahrain’s territorial twenties, died in Salmaniya care.” sentenced to death, one to life- lowing a tip-off received from waters while coming from Iran. and the completed Medical Complex (SMC) The four others are cur- tified the Kingdom as one of the Ebrahim Mohammed Janahi form you can ask at top 15 ecosystems in the world praised Bahrain’s global achieve- term, three to a one-year jail the Interior Ministry An - On February 19 this year, In- two-days after the row in rently detained at Riffa po- for the availability of qualified ments in demonstrating a sup- term and another to six months ti-Narcotics Department on an terior Ministry announced the scac.manama-amba@ which four others were lice station. talent. portive startup ecosystem. in prison. Chief Prosecutor Ad- attempt to smuggle narcotic arrest of five drug traffickers diplomatie.gouv.fr also involved, according to “The one with the bro- While valuing the worth of “As our economies transition nan Al Weda’ee confirmed. substances through Bahrain’s who were attempting to traffic before June 2nd sources. ken foot also had to return Ecosystem created by the King- to the fourth industrial revolu- Court also ordered the sus- territorial waters from Iran. more than BD1.6 million worth “The fight escalated to the station after receiv- dom as $594 million, the report tion, we — communities driving pects who were awarded cap- The information said, “Large of Hashish, Marijuana and from an argument. Most ing treatment. All involved further highlights wage support the global startup revolution — ital punishments to pay a fine quantities of narcotic substanc- Methamphetamine from Iran of them escaped with mi- are Indians from the state and a liberal tax regime as rea- have a major role to play,” said of BD10,000 each and the third es will be entering Bahraini wa- through the sea. nor injuries, except for the of Punjab,” the source said. sons a startup should move to JF Gauthier, Founder and CEO Bahrain. of Startup Genome. “Not only The report places Bahrain can startup ecosystems act as the among the top performing eco- top engine of job creation and systems among countries from economic growth, but our start- What makes Bahrain attractive? Europe and the Middle East to ups can also help solve many of Ranks number 1 globally in mobile broadband penetration (162.1 per 100 INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION INTERIM CONSOLIDATED STATEMENT OF PROFIT OR LOSS INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS look out for in terms of FinTech. our society’s biggest challenges population) and #2 globally for the percentage of internet users (98%). As at 31 March 2019 Three month period ended 31 March 2019 (Reviewed) Three month period ended 31 March 2019 (Reviewed) Tamkeen engaged Startup including climate change and (Reviewed) (Audited) Three months ended 31 March Three months ended 31 March Bahrain Development Bank announced that the Al Waha Fund of Funds Genome to benchmark Bahrain inequality.” 31 March 31 December 2019 2019 2018 2018 2019 2018 against more than 50 ecosys - Featuring new and exclusive successfully closed a $100 million fundraising round to invest in regional BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 OPERATING ACTIVITIES tems globally in 2019’s GSER. content, the 2019 GSER provides startups, making it the first active venture capital fund of funds in the ASSETS Income Islamic financing and interest income 2,056 2,065 GSER region. Cash and balances with Central Bank of Bahrain 2,378 2,218 The is the world’s most insights and guidance to public Placements with banks and other financial institutions 13,570 21,917 Islamic financing and interest expense (439) (463) Profit for the period 581 281 comprehensive and widely-read and private leaders in dozens Ranks first globally in Islamic finance regulation in the Global Islamic Islamic financing and loans to customers 81,509 85,866 Net islamic finance and interest income 1,617 1,602 Adjustments for: Investment securities 44,445 31,144 Depreciation 231 230 research on startups based on of countries and cities — from Finance Report due to its standards on crowdfunding and open banking. Investment in associates 322 259 Fee and commission income 73 92 Investment properties 11,905 12,000 Investment (loss) / income (2) 62 (Write-back) / allowance for expected data from thousands of startup Bahrain to New Zealand— about Rental income 437 498 Government has reduced capital startup requirements from $50,000 Property and equipment 1,834 1,155 credit losses - net (29) 65 founders and research on mil- how to cultivate vibrant startup Other assets 3,907 3,646 Other income 134 107 to $100 for some businesses and introduced a regulation-exempt lions of companies. The report ecosystems. The report outlines TOTAL ASSETS 159,870 158,205 Total operating income 2,259 2,361 Changes in fair value of investments “sandbox” for Fintech startups. LIABILITIES AND EQUITY Expenses classified as FVTPL 29 28 was launched yesterday at The key success factors for startups, Liabilities Staff costs (1,020) (1,115) Dividend income (50) (90) Other operating expenses (751) (900) Next Web Conference. constituting the new science Bahrain’s private sector will soon launch a new $100 million fund Term loans 50,353 50,607 Share of profit from associates (64) - Deposits 34,483 35,001 Commenting on the report, for entrepreneurial ecosystem dedicated to the Fintech sector. In 2018, Waqfe raised $2 million from Other liabilities 6,676 5,106 Total operating expenses (1,771) (2,015) Loss on foreign currency translation 10 5 Tamkeen Chief Executive Dr development. investors. Total liabilities 91,512 90,714 Write-back / (allowance) for expected credit losses - net 29 (65) Operating profit before changes in Equity Net operating profit for the period 517 281 Share capital 65,000 65,000 operating assets and liabilities 708 519 Statutory reserve 1,186 1,186 Share of profit from associates 64 - Other capital contribution 4,048 4,048 Changes in operating assets and liabilities: Other reserves 143 (150) Profit for the period 581 281 Placements with banks and other Accumulated losses (1,999) (2,580) financial institutions having Profit attributable to: Equity attributable to owners of the Bank 68,378 67,504 original maturities of more than 90 days 565 1,147 Non-controlling interest (20) (13) - Owners of the Bank 581 284 Winners of Manama Rose Show Stakes Crowned - Non-controlling interest - (3) Islamic financing and loans to customers 4,509 5,684 Total equity 68,358 67,491 581 281 Other assets (348) (170) TDT | Manama top elite competitors from all terest of HH Shaikh TOTAL LIABILITIES AND EQUITY 159,870 158,205 Deposits (518) (8,106) over the world. Nasser bin Hamad Al INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY Other liabilities 1,570 (382) Three month period ended 31 March 2019 (Reviewed) inners of the Manama Winning the event was Irish Khalifa, Represent- INTERIM CONSOLIDATED STATEMENT OF OTHER Net cash flow from / (used in) operating activities 6,486 (1,308) COMPREHENSIVE INCOME Equity attributable to owners of the Bank Rose Show Stakes Show- Sean Brian, who completed the ative of His Majesty Three month period ended 31 March 2019 (Reviewed) INVESTING ACTIVITIES W Non - jumping competition, held as event in 61.75, followed by Brit- the King for Chari- Share Statutory Other capital Other Accumulated controlling Total Additions to property and equipment (791) (44) capital reserve contribution reserves losses Three months ended 31 March Total Interest equity part of Royal Windsor Eques- ish Guy Williams and British ty Works and Youth BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 Purchase of investment securities (21,103) (3,575) trian Festival, were crowned Scott Brash in second and third Affairs and Presi - 2019 2018 As at 1 January 2019 65,000 1,186 4,048 (150) (2,580) 67,504 (13) 67,491 Proceeds from sale of investment securities 8,061 716 BD ’000 BD ’000 Additions to investment property (24) - yesterday. places, respectively. dent of the Supreme Total comprehensive income for the period - - - 293 581 874 - 874 Profit for the period 581 281 Dividend income received 50 90 Awards were presented by Dr Also, featuring was Bahrain’s Council for Youth and ------Other comprehensive income: Minority interest movement (7) (7) Net cash flow used in investing activities (13,807) (2,813) Khalid Ahmed Hassan, Manag- Khalid Hilal Al Khateri who Sports. Items that will be reclassified to profit or loss in As at 31 March 2019 65,000 1,186 4,048 143 (1,999) 68,378 (20) 68,358 er of Bahrain Royal Endurance finished in 72.82 seconds with Al Alawi pointed subsequent periods: FINANCING ACTIVITY Changes in fair value of investments Equity attributable to owners of the Bank Repayment of term loans (254) (233) Team, Ghalib Al Alawi, Secre- four faults. out that the contest classified as fair value Non - Share Statutory Other capital Other Accumulated controlling Total Net cash used in financing activity (254) (233) through other comprehensive income 293 (183) capital reserve contribution reserves losses Total Interest equity tary of Bahrain Royal Equestri- Commenting, Dr Khalid said came very strong, BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 BD ’000 NET CHANGE IN CASH AND CASH an and Endurance Federation that Manama Rose Show Stakes while Al Salehi ex- Total comprehensive income for the period 874 98 As at 31 December 2017 65,000 1,186 4,048 181 2,280 72,695 (10) 72,685 EQUIVALENTS (7,575) (4,354) (BREEF) and Tawfiq Al Salehi, was a great opportunity to high- plained that the Fes- Total comprehensive income attributable to: Impact due to recognition of expected credit Cash and cash equivalents at 1 January 12,753 16,524 Director of the Media Office and light Bahrain and shed light on tival was a unique - Owners of the Bank 874 101 losses under IFRS 9 - - - - (3,557) (3,557) - (3,557) - Non-controlling interest - (3) CASH AND CASH EQUIVALENTS Information Centre of HH Shai- its modern achievements in the chance to continue Impact due to reclassification of investment 874 98 AT 31 MARCH 5,178 12,170 kh Nasser bin Hamad Al Khalifa. bright era of HM King Hamad promoting Bahrain securities - debt under IFRS 9 - - - (20) 20 - - - Held amid very high spectator bin Isa Al Khalifa in various at the international The published figures are an extract from the interim consolidated financial Restated balance as at 1 January 2018 65,000 1,186 4,048 161 (1,257) 69,138 (10) 69,128 Additional information: statements reviewed by Ernst & Young and approved by Board of Directors on 12 attendance, the event featured fields, hailing the care and in- level. Award distribution May 2019 Total comprehensive income / (loss) Islamic financing and interest received 1,855 1,746 for the period - - - (183) 284 101 (3) 98 Islamic financing and interest paid 130 1,102 Sanjeev Paul Khalid Al Rumaihi As at 31 March 2018 65,000 1,186 4,048 (22) (973) 69,239 (13) 69,226 Chairman Chief Executive Officer The addition to property and equipment and other liabilities of BD 741 thousand is a non-cash item. TUESDAY, MAY 14, 2019 06

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at Gudaibiya Palace yesterday a delegation from the high management of Huawei Group, led by Vice President Mark Xueman and Chief Executive of Huawei Bahrain John Leu Weidong. HRH the Premier lauded Huawei’s success in developing modern technology His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at the Gudaibiya Palace yesterday in the telecommunication sector which has consolidated the company’s standing as one of the major international several members of the Ali bin Rashid Al-Amin, led by businessmen, Rashid Ali Al-Amin. They extended deepest thanks telecommunication companies. The Premier underlined keenness of the Kingdom of Bahrain to keep abreast of the fast- and gratitude to HRH the Prime Minister for offering condolences to them over the demise of their father. HRH Premier paced developments in the telecommunication and Information Technology (IT) field to back the government’s efforts lauded the contributions of the deceased to the commercial and investment fields in the Kingdom and praised his role in achieving the sustainable development goals in supporting the national economy through many pioneering projects

Under the patronage of His Highness Major-General Shaikh Nasser bin Hamad Al Khalifa, the Commander of the Royal Guard, a reception ceremony was held on Sunday at the Isa Airbase for a batch of the Special Duty Force The BDF yesterday held the graduation ceremony of a specialised Royal Bahraini Airforce (RBAF) military session in presence of Air Vice Marshal Shaikh Hamad bin participants in the Saudi-led Arab Coalition’s Operation Restore Hope. Abdullah Al Khalifa, Commander of the Royal Bahraini Airforce. The commander distributed the graduation certificates to the graduates as well as appreciative His Highness delegated Major-General Hamad Khalifa Al Nuaimi, Deputy prizes to the high-achievers Commander of the Royal Guard in honouring the Special Duty Force group

Indian Ladies Association’s (ILA) Sub Committee’s “Share Your Skills” (SYS) members, Meera Ravi, Rekha Uttam, and Arati Phadke, organised a workshop on “Safety of our Children” on 11th May. The PowerPoint presentation and discussion with parents was conducted by Rekha Utham, a trained counsellor and Sheena R., an experienced social worker with NGOs. The children’s session was conducted by professional storyteller Arati Phadke. The session was arranged for children age group 5 years to 11years with their parents. In pictures, parents and their children attended a workshop on the topic “Safety of our Children”

Bahrain’s ‘Nadana’ to stage dance-drama on Meluha TDT | Manama ma, which will have Palakkad adana’, a group of dedicat- Sreeram as music director, Dr RL ‘Ned artists of Bahrain, will Sampath Kumar of Chennai as a stage a dance drama on Meluha lyricist in Sanskrit. Achu Arun- in Bahrain towards mid-Jan- raj is the creative director of uary 2020, it was announced Meluha. yesterday. The illustrious characters of The effort, ‘Nadana’ said, is the dance drama are presented to showcase the ancient civili- by Smitha Vinod, Neetu Janard- zation of Meluha (The Magical hanan and Kumari Malavika Land of Peace and Love) in its Suresh among others. original glory. The ‘puja’ of the programme The show will be performed was initiated by PVR Pillai, Pres- by the Bahrain chapter of ident, Bahrain Kerala Samajam Surya, under Veteran Artist Kr- by lighting the lamp on Satur- ishnamoorthy. Vidya Sreekumar day. Meluha is produced by Steel will choreograph the dance dra- PVR Pillai, President, Bahrain Kerala Samajam, lighting the lamp during a ‘Puja’ of the programme Mark Bahrain. TUESDAY, MAY 14, 2019 07 TUESDAY, MAY 14, 2019 06 world New Zealand PM targets online hate

state or government from Brit- undermining or limiting free- Arden has been the ain, Canada, Ireland, Norway, dom of speech. It is about these • Jordan, Senegal, Indonesia. Top companies and how they op - driving force behind Christchurch executives from Twitter, Micro- erate.” the Paris summit massacre soft Google and Amazon will While some -- such as Zuck- underlined a also attend. erberg -- have called for better Wellington, New Zealand horrifying new But New Zealand media re- regulation to address the issue, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at Gudaibiya Palace yesterday a trend” in extremist ported that Facebook boss Mark Ardern said governments could delegation from the high management of Huawei Group, led by Vice President Mark Xueman and Chief Executive Zuckerberg will not be there -- not succeed without help from His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at the Gudaibiya Palace yesterday atrocities. It was of Huawei Bahrain John Leu Weidong. HRH the Premier lauded Huawei’s success in developing modern technology ew Zealand’s leader designed to be instead sending the company’s the tech sector. in the telecommunication sector which has consolidated the company’s standing as one of the major international several members of the Ali bin Rashid Al-Amin, led by businessmen, Rashid Ali Al-Amin. They extended deepest thanks Jacinda Arden will de- vice president of global affairs “Practical outcomes are what telecommunication companies. The Premier underlined keenness of the Kingdom of Bahrain to keep abreast of the fast- and gratitude to HRH the Prime Minister for offering condolences to them over the demise of their father. HRH Premier mand action to curb on- broadcast on and communications, former we’re seeking from this work,” lauded the contributions of the deceased to the commercial and investment fields in the Kingdom and praised his role N the internet. The paced developments in the telecommunication and Information Technology (IT) field to back the government’s efforts line extremism, citing the worst British deputy prime minister she told New Zealand’s News- in supporting the national economy through many pioneering projects in achieving the sustainable development goals mass killing in her country’s re- entire event was Nick Clegg. hub. cent history at a summit of world livestreamed... the Running alongside the G7’s “Not just governments regu- leaders and tech firms in Paris scale of this horrific “Tech for Humanity” meeting lating, but actually tech compa- Wednesday. video’s reach was in the French capital, Ardern nies taking ownership and re- A self-described white su - New Zealand Prime Minister Jacinda Ardern wearing a head scarf leaves the Al staggering said the Christchurch Call was sponsibility over their platforms premacist killed 51 Muslims Noor Mosque after a speaking event with Britain’s Prince William (not in picture), a voluntary code aimed to stop and the technological solutions in the Christchurch mosque in Christchurch NEW ZEALAND PRIME MINISTER terrorist content being uploaded that they hold the key to.” JACINDA ARDERN attacks on 15 March. During pledge -- named after the city -- the scale of this horrific video’s to social media platforms. Ardern said New Zealand the assault the man wore a designed to eliminate terrorist reach was staggering,” she said “(We’re) asking both nations had been “left reeling” by the head-mounted camera, broad- and violent extremist content in an opinion piece for the New and private corporations to Christchurch massacre, and it casting his actions online. online. York Times. make changes to prevent the wanted to prevent similar atroc- Arden has been the driving Ardern said the Christchurch Ardern said Facebook re - feeds. posting of terrorist content on- ities happening elsewhere. force behind the Paris summit, massacre underlined “a horri- moved 1.5 million copies of the Since the attack, Ardern has line, to ensure its efficient and “We have a reluctant duty of co-hosted with French Presi- fying new trend” in extremist video within 24 hours of the strongly criticised tech giants fast removal and to prevent the care, a responsibility that we dent Emmanuel Macron, follow- atrocities. attack, but she still found herself for not doing enough to combat use of live-streaming as a tool for now find ourselves holding,” she ing the tragedy. “It was designed to be broad- among those who inadvertent- online extremism. broadcasting terrorist attacks,” said. Participants will be asked to cast on the internet. The en - ly saw the footage when it au- Attendees at the Paris sum- she said. “That is what we will be taking commit to a “Christchurch Call” tire event was livestreamed... to-played on their social media mit reportedly include heads of She added: “This is not about forward this week in Paris.”

German police start autopsies Test flights begin at China’s mega-airport in mystery crossbow deaths Beijing, China eight runways -- involved four trials scheduled for August and Berlin, Germany Under the patronage of His Highness Major-General Shaikh Nasser bin wide-body planes, including an September. clues to the mysterious deaths Hamad Al Khalifa, the Commander of the Royal Guard, a reception ceremony hinese airlines conducted Airbus A380 super-jumbo, ac- The airport is set to be oper- of one man and two women in was held on Sunday at the Isa Airbase for a batch of the Special Duty Force Ctest flights on Monday at cording to the official Xinhua ational by September 30, Xin- erman forensic investiga- the Bavarian town of Passau The BDF yesterday held the graduation ceremony of a specialised Royal Bahraini Airforce (RBAF) military session in presence of Air Vice Marshal Shaikh Hamad bin participants in the Saudi-led Arab Coalition’s Operation Restore Hope. a new mega-airport in Beijing news agency. hua reported. Aimed at easing Gtors were performing au- near the Austrian border. Abdullah Al Khalifa, Commander of the Royal Bahraini Airforce. The commander distributed the graduation certificates to the graduates as well as appreciative His Highness delegated Major-General Hamad Khalifa Al Nuaimi, Deputy that is set to become one of the Images from state broadcaster the passenger load of Beijing’s topsies Monday on three peo- The corpses, all of German prizes to the high-achievers Commander of the Royal Guard in honouring the Special Duty Force group world’s busiest after it opens CCTV showed large planes from other two airports, Daxing will ple found dead in a hotel room citizens, were discovered by later this year. Air China and other Chinese The flights were meant to test operate at full capacity by 2025 with crossbow bolts in their hotel staff Saturday around The tests at Daxing Interna- regional carriers landing and the airport’s general support ca- and is expected to transport 72 heads and chests, police said. noon, alongside two cross- tional Airport -- which will have taxiing on the airport’s runways. pacity, CCTV said, with further million passengers annually. Detectives were hoping for bows.

CONDENSED CONSOLIDATED INTERIM FINANCIAL STATEMENTS FOR THE THREE MONTHS ENDED 31 MARCH 2019 (REVIEWED)

CONSOLIDATED STATEMENT OF FINANCIAL POSITION CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME CONSOLIDATED STATEMENT OF PROFIT OR LOSS For the financial year- For the financial year- For the year ended AS AT 31 MARCH 2019 (In thousands of U.S. Dollars) FOR THE THREE MONTHS ENDED 31 MARCH 2019 (In thousands of U.S. Dollars) FOR THE THREE MONTHS ENDED 31 MARCH 2019 31 March 2019 31 December 2018 31 March 2018 (In thousands of U.S. Dollars) to-date 31 March 2019 to-date 31 March 2018 31 December 2018 (reviewed) (audited) (reviewed) For the financial year- For the financial year- For the year ended (reviewed) (reviewed) (audited) to-date 31 March 2019 to-date 31 March 2018 31 December 2018 ASSETS (reviewed) (reviewed) (audited) Profit (loss) for the period 1,918 1,280 (52,202) Cash and bank balances 111,869 115,935 90,869 Investments 513,203 495,678 569,286 Gross premiums written 173,131 169,138 262,791 Other comprehensive income Accrued income 160,978 86,585 178,044 Outward reinsurance premiums (38,983) (35,722) (64,398) Insurance receivables Items that will be reclassified to profit or loss: 120,803 127,373 112,045 (79,444) Change in unearned premiums (78,410) 15,559 Changes on remeasurement of available for sale investments 7,015 (3,259) (4,994) Insurance deposits 27,317 27,603 26,708 Deferred policy acquisition costs 34,454 25,433 36,542 Transfers for recognition of gains on disposal of Net earned premiums 55,738 53,972 213,952 Reinsurers’ share of technical provisions 148,742 110,629 117,988 available for sale investments (391) (518) Claims and related expenses (44,177) (40,856) (175,226) (626) Other assets 44,774 44,078 34,781 Transfers for impairment loss recognised on available for Policy acquisition costs (15,296) (12,406) (58,089) Property and equipment 19,084 19,245 19,905 sale investments 223 - 206 Investment income attributable to insurance funds 7,000 2,854 5,963 TOTAL ASSETS 1,181,224 1,052,559 1,186,168 Operating expenses (2,774) (3,531) (13,263) Other comprehensive income for the period 6,612 (3,650) (5,306)

LIABILITIES AND EQUITY Underwriting result 491 33 (26,663) Total comprehensive income for the period 8,530 (2,370) (57,508)

2,254 LIABILITIES Investment income attributable to shareholders’ funds 3,359 4,086 Attributable to: Technical provisions 811,635 684,569 773,897 Operating expenses - non underwriting activities (1,483) (2,133) (9,281) Non-controlling interests 161 630 3,056 Borrowing cost (75) (251) (808) Insurance payables 70,744 69,305 52,456 Shareholders of parent company 8,369 (3,000) (60,564) Borrowings 7,000 7,000 39,000 Other income 160 1,825 5,165 8,530 (2,370) (57,508) Other liabilities 58,441 66,811 40,803 Other expenses and provisions (534) (448) (24,701)

TOTAL LIABILITIES 947,820 827,685 906,156 Proﬁt (loss) for the period 1,918 1,280 (52,202)

EQUITY CONSOLIDATED STATEMENT OF CASH FLOWS Attributable to: Attributable to shareholders of parent company FOR THE THREE MONTHS ENDED 31 MARCH 2019 (In thousands of U.S. Dollars) Non-controlling interests 165 778 3,049 Share capital 220,000 220,000 220,000 For the financial year- For the financial year- For the year ended Shareholders of parent company 1,753 502 (55,251) Indian Ladies Association’s (ILA) Sub Committee’s “Share Your Skills” (SYS) members, Meera Ravi, Rekha Uttam, and Arati Phadke, organised a workshop on “Safety of our Children” on 11th May. The PowerPoint presentation and discussion with Treasury stock (14,793) (14,793) (14,793) to-date 31 March 2019 to-date 31 March 2018 31 December 2018 Reserves 42,238 35,670 37,628 1,918 1,280 (52,202) (reviewed) (reviewed) (audited) (Accumulated losses) retained earnings (42,706) (44,507) 11,099 parents was conducted by Rekha Utham, a trained counsellor and Sheena R., an experienced social worker with NGOs. The children’s session was conducted by professional storyteller Arati Phadke. The session was arranged for children age group 5 Earnings (losses) per share attributable to shareholders CASH FLOWS FROM OPERATING ACTIVITIES 204,739 196,370 253,934 (basic and diluted): (US cents) 0.9 0.3 (27.9) Non-controlling interests Premiums received 63,749 87,413 233,874 28,665 28,504 26,078 Reinsurance premiums paid years to 11years with their parents. In pictures, parents and their children attended a workshop on the topic “Safety of our Children” (13,978) (38,518) (54,829) TOTAL EQUITY 233,404 224,874 280,012 Claims and acquisition costs paid (63,163) (59,349) (193,960) Reinsurance receipts in respect of claims 3,629 26,685 TOTAL LIABILITIES AND EQUITY 1,181,224 1,052,559 1,186,168 13,032 Investment income 129 455 37 Interest received 767 877 2,820 CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE THREE MONTHS Dividends received 285 413 1,300 ENDED 31 MARCH 2019 (In thousands of U.S. Dollars) (Accumulated losses) Total equity Operating expenses paid (4,693) (6,238) (21,162) Share capital Treasury stock Reserves retained earnings Non-controlling interests (reviewed) Other income (expenses), net 408 1,932 (3,055) Insurance deposits paid, net (97) (815) (1,928) Balances at 31 December 2018 220,000 (14,793) 35,670 (44,507) 28,504 224,874 Purchase of trading investments (2,815) (3,775) (14,355) Net profit for the period - - - 1,753 165 1,918 Sale of trading investments 1,730 1,474 19,127 Net cash used in operating activities (4,646) (12,502) (5,446) Changes on remeasurement of available for sale investments - - 7,019 - (4) 7,015 Bahrain’s ‘Nadana’ to stage dance-drama on Meluha Transfers for recognition of gains on disposal of available for sale investments - - (626) - (626) - CASH FLOWS FROM INVESTING ACTIVITIES Transfers for impairment loss recognised on available for sale investments - - 223 - - 223 Maturity/sale of investments 38,747 50,018 178,798 TDT | Manama Total comprehensive income for the period - - 6,616 1,753 161 8,530 Purchase of investments (40,748) (31,445) (110,110) ma, which will have Palakkad Transfer of net depreciation on revalued property - - (48) 48 - - Term deposits with bank (16,025) (12,121) 13,708 Interest received 2,290 2,512 10,223 Balances at 31 March 2019 220,000 (14,793) 42,238 (42,706) 28,665 233,404 adana’, a group of dedicat- Sreeram as music director, Dr RL Investment income 53 836 135 Balances at 31 December 2017 25,448 220,000 (14,793) 41,178 10,549 282,382 Collateralised cash deposits 385 (5,256) (11,201) Purchase of property and equipment ed artists of Bahrain, will Sampath Kumar of Chennai as a Net (loss) profit for the year - - - (55,251) 3,049 (52,202) - (25) (103) ‘N Purchase of intangible assets - (62) (211) stage a dance drama on Meluha lyricist in Sanskrit. Achu Arun- Changes on remeasurement of available for sale investments - - (4,850) - (144) (4,994) Investment in associate - - (100) Transfers for recognition of (gains) losses on disposal of available for sale investments - - (669) - 151 (518) Net cash (used in) provided by investing activities (15,298) 4,457 81,139 in Bahrain towards mid-Jan- raj is the creative director of Transfers for impairment loss recognised on available for sale investments - - 206 - - 206 CASH FLOWS FROM FINANCING ACTIVITIES uary 2020, it was announced Meluha. Total comprehensive (loss) income for the year - - (5,313) (55,251) 3,056 (57,508) Borrowings - 5,000 (27,000) Transfer of net depreciation on revalued property - - (195) 195 - - Borrowing cost (132) (749) (1,338) (14) (133) (374) yesterday. The illustrious characters of Balances at 31 December 2018 220,000 (14,793) 35,670 (44,507) 28,504 224,874 Dividends paid The effort, ‘Nadana’ said, is the dance drama are presented Balances at 31 December 2017 220,000 (14,793) 41,178 10,549 25,448 282,382 Net cash (used in) provided by financing activities (146) 4,118 (28,712) Net profit for the period - - - 502 778 1,280 Net (decrease) increase in cash and cash equivalents (20,090) (3,927) 46,981 to showcase the ancient civili- by Smitha Vinod, Neetu Janard- Changes on remeasurement of available for sale investments - - (3,227) - (32) (3,259) Effect of exchange rate on cash and cash equivalents (1) 2 (11) - - (275) - (116) (391) zation of Meluha (The Magical hanan and Kumari Malavika Transfers for recognition of gains on disposal of available for sale investments Cash and cash equivalents, beginning of period 109,908 62,938 62,938 Total comprehensive income for the period - - (3,502) 502 630 (2,370) Cash and cash equivalents, end of period 89,817 59,013 109,908 Land of Peace and Love) in its Suresh among others. Transfer of net depreciation on revalued property - - (48) 48 - - Term deposits with bank 22,052 31,856 6,027 original glory. The ‘puja’ of the programme Balances at 31 March 2018 220,000 (14,793) 37,628 11,099 26,078 280,012 Cash and bank balances, end of period 111,869 90,869 115,935 The show will be performed was initiated by PVR Pillai, Pres- These condensed consolidated interim financial statements were approved by the Board of Directors on 13 May 2019 and signed on its behalf by: by the Bahrain chapter of ident, Bahrain Kerala Samajam Saeed Mohammed AlBahhar Ahmed Saeed AlMahri Samuel Verghese Surya, under Veteran Artist Kr- by lighting the lamp on Satur- Chairman Director Acting Chief Executive Officer The above condensed consolidated interim financial statements have been extracted from the condensed consolidated interim financial statements reviewed by KPMG Fakhro. ishnamoorthy. Vidya Sreekumar day. Meluha is produced by Steel The reviewed condensed consolidated interim financial statements are available on Arig’s website www.arig.net will choreograph the dance dra- PVR Pillai, President, Bahrain Kerala Samajam, lighting the lamp during a ‘Puja’ of the programme Mark Bahrain. Arab Insurance Group (B.S.C.) - a reinsurance firm regulated by the Central Bank of Bahrain REMEMBER YOUR DREAMS AND FIGHT FOR THEM. QUOTE YOU MUST KNOW WHAT YOU WANT FROM LIFE. OF THE THERE IS JUST ONE THING THAT MAKES YOUR DAY DREAM BECOME IMPOSSIBLE: THE FEAR OF FAILURE TUESDAY, MAY 14, 2019 PAULO COELHO

TOP 4 Trump feels a chill wind TWEETS from the East 01 ernie Sanders, “The BEconomy is doing well, and I’m sure I don’t have to give Trump any credit - I’m sure he’ll take all the credit that he wants.” Wrong Bernie, the Economy is doing Both the US GREAT, and would have ANDREW HAMMOND CRASHED if my opponent (and yours), Crooked and China Hillary Clinton, had ever onald Trump is facing significant won! foreign policy challenges from Ven- @realDonaldTrump had wanted Dezuela to Iran, but it is Asia-Pacific that may loom largest after setbacks in trade talks with China and the impasse in nuclear 02 to do a deal diplomacy with North Korea underscored the need for a more coordinated US strategy toward the region. It was the Washington-Beijing negotiations at or before that hit the headlines after Trump increased tariffs from 10 percent to 25 percent on about $200 billion in Chinese goods, after first onest concern for next month’s imposing measures last July. Beijing has Hothers is the key punched back by taxing $110 billion of US factor in improving our products. Chinese one-hundred yuan banknotes are arranged for a photograph in Hong Kong, China day to day lives. When G20 in The setback in the talks could yet herald you are warm-hearted, a full-blown trade war between the world’s asserted that “China … has been very tough Given Trump’s mercurial nature, it there is no room for an- two largest economies; both sides had wanted on our country. We probably lost last year remains possible that the current ger, jealousy or insecuri- Japan next to do a deal at or before next month’s G20 in $500 billion in trade to China.” impasse is merely a prelude to a ty. Healthy, happy fami- Japan, but achieving this goal is now much It is to this narrative that Trump may lies and a healthy peace- less certain. yet return if he judges it in his political deal being agreed soon that he will ful nation are dependent To be sure, the talks have made significant interests, especially in the context of his shower in such superlatives as the on warm-heartedness. month, but progress, with both sides poring over a doc- 2020 re-election campaign and fulfilling “greatest agreement ever.” However, @DalaiLama ument thought to run to 150 pages. While his pledge to “Make America Great Again.” there is a growing chance that the Beijing has denied it, Trump asserts that the This includes reducing the US global trade talks will collapse, leading to an 03 achieving main blockage to a deal is China backtracking deficit and cracking down on trade practic- unpredictable phase in relations. on provisions previously agreed on issues es perceived to be unfair. such as state subsidies, intellectual property It is conceivable, in relation to China, that this goal is rights and currency manipulation. the president could claim to have delivered Given Trump’s mercurial nature, it remains this agenda by being “tough” on Beijing possible that the current impasse is merely with tariffs rather than reaching a new now much a prelude to a deal being agreed soon that trade deal. He rehearsed these arguments he will shower in such superlatives as the last week, asserting that China “broke the oe Biden let China get “greatest agreement ever.” However, there deal ... they can’t do that. So they’ll be pay- Jaway with cheating is a growing chance that the talks will col- ing ... nothing wrong with taking in more when he was Vice Pres- less certain lapse, leading to an unpredictable phase in than $100 billion a year.” ident, and he continues relations. It is not just Washington’s diplomacy to naively dismiss China Beijing is well aware that Trump’s rhetoric with China that is now much less certain, between Washington and Beijing, the latter today. China is stealing could again become hostile, as it was during but with Pyongyang too. Last Thursday the will have less incentive to assist, not least from American business- much of 2016 and 2017. He has previously North Korean regime completed its second given its long-standing reluctance to take too es, hurting our workers, missile test in less than a week. This came sweeping measures against Pyongyang for and @realDonaldTrump after the US-North Korea summit in Vietnam fear of squeezing it so hard that it becomes is right to fight back! in February ended in a diplomatic disaster, significantly destabilized. @GOPChairwoman after months of painstaking negotiations had From the vantage point of Beijing, this been expected to yield a deal, when Trump risks Pyongyang behaving even more unpre- walked out of talks with Kim Jong Un. To be dictably, and the outside possibility of the 04 sure, there are historical precedents for such sudden implosion of the regime. This is not high-profile negotiations to collapse and then in Chinese interests for at least two reasons. recover, such as the US-Soviet negotiations Firstly, if the communist regime in the between Ronald Reagan and Mikhail Gor- North falls it could undermine the legitimacy bachev in 1986 and 1987. of the Chinese Communist Party too. In ad- However, it appears the gaps between dition, Beijing fears that the collapse of order Trump and Kim remain substantial. The in its neighbour could lead to instability on he comments of the North Koreans have asserted post-Vietnam the North Korea-China border, a large influx Tphilosopher and that they will not change their position, and of refugees that it would need to manage, guide of the Congress also disputed Trump’s account that the rea- and ultimately the emergence of a pro-US President have angered son the talks collapsed was that Pyongyang successor state. Punjab. The memories asked for full sanctions roll-back. Any decisive breakthrough in US-China of 1984 massacres haunt If the talks are to be rejuvenated, it is like- talks may now require the personal inter- several people and our ly that outside powers such as China and vention of Trump and Xi at the G20, or a Government has worked Russia will have to row in to put pressure special summit in China or the United States. towards ensuring justice on North Korea. And it is here that Trump Failure to secure a trade agreement will not by punishing the perpe- finds himself in a bind given the flailing trade just be a setback for bilateral relations, but trators. negotiations with Beijing. also undermine other US goals in the region, @narendramodi Part of the reason Kim originally came to including prospects of getting North Korean the negotiating table in 2018 was the tighten- diplomacy back on track. US President Donald Trump (L) shakes hand with China’s President Xi Jinping at the end of a press conference at the ing of the screws on him by China, especially (Andrew Hammond is an Associate at LSE Disclaimer: (Views expressed by columnists are personal and Great Hall of the People in Beijing on the trade front. But if a new chill develops IDEAS at the London School of Economics) need not necessarily reflect our editorial stances)

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 1804 1811 1836 1863 DAY IN The Lewis and Clark Expedition Paraguay: Pedro Juan Caballero, The Treaties American Civil War: HISTORY departs from Camp Dubois and Fulgencio Yegros and José Gaspar of Velasco are The Battle of Jack- begins its historic journey by Rodríguez de Francia start actions signed in Velasco, son takes place traveling up the Missouri River. to depose the Spanish governor Texas.

TOP US sanctions are strangling the TWEETS4 01 effort to rebuild Old Aleppo The Old City of Aleppo, a UNESCO World Heritage Site, was for several years the front line in a battle for control of the city between Syrian government forces in the west and rebel forces in the east ernie Sanders, “The BEconomy is doing JWANAH QUDSI which means that an attempt to rebuild what lanthropy created by the leader of the Nizari gratitude, and to ask if the AKTC was going to well, and I’m sure I don’t the eight-year-long war in Syria has destroyed Ismaili Shiites, is one of the few international work on their area next. have to give Trump any could meet with potential restrictions. organizations able to carry out projects with But on top of existing OFAC sanctions, the credit - I’m sure he’ll n the middle of Aleppo, at the top of a This is personal for me: I grew up watching the Syrian government’s approval while — so US House recently passed the Caesar Syria take all the credit that tall hill, the ancient Citadel looms over my father (an architect) dedicate his life to far — avoiding restrictions set by international Civilian Protection Act, which the White he wants.” Wrong Bernie, Ihalf-destroyed buildings along narrow preserving the Old City. And then I watched sanctions. House supports, and which the Economy is doing cobblestone roads. People bustle around the from afar as the war tore it apart. On this In my pre- would further tighten re- GREAT, and would have castle’s majestic entrance and fill reopened cold April afternoon, I made my way to the vious visits, I Sanctions on Syria, however, cover more strictions on Syria’s finan- CRASHED if my opponent cafes, but most of the centuries-old neigh- hollowed-out buildings outside the Great would walk than just fuel; the US Treasury Depart- cial institutions. Thierry (and yours), Crooked bourhood, which is roughly the size of Cen- Mosque of Aleppo to meet with Thierry through the ment’s Office of Foreign Assets Control worries that this would Hillary Clinton, had ever tral Park, remains a ghost town. Grandin, my father’s friend of almost 40 years rubble in (OFAC) targets transactions with any jeopardize funding for won! The Old City of Aleppo, a UNESCO World and an architect and conservationist who has the Old City, future projects by entities @realDonaldTrump Heritage Site, was for several years the front worked on the Old City since the 1980s. marvel at instrument of the government of Syria, such as the AKTC. “I don’t line in a battle for control of the city between Thierry is managing many of the Aga Khan the magni- “including the Central Bank of Syria,” want to promise him an- Syrian government forces in the west and Trust for Culture’s reconstruction and con- tude of the making financial transfers in or out of ything I can’t deliver,” he 02 rebel forces in the east. After the fighting servation projects in the Old City, including destruction the country close to impossible. Sanc- told me after yet another there ended in December 2016, UNESCO esti- the rebuilding of the Ayyubid Palace inside and wonder tions also delay imports of vital goods hopeful shopkeeper asked mated that 60 percent of the neighbourhood the Citadel after its destruction by a mortar if anything like medicine and suffocate the poten- him about the pace of re- was severely damaged and 30 percent of it shell. The AKTC, a nondenominational phi- would ever construction. was entirely destroyed. Now, reconstruction be restored. tial for private business in the country. Meanwhile, alongside has begun. But sanctions are strangling the The Al-Mad- the careful restorative publicly funded effort, and private owners ina Souq of work of the AKTC, private onest concern for have an incentive to hastily rebuild without Aleppo, once owners and leaseholders Hothers is the key keeping the historic nature of the area. the largest are rebuilding with more factor in improving our I’ve visited my hometown several times covered ba- haste and less concern for day to day lives. When since the battle ended. Last month, I drove zaar in the world, was heavily damaged dur- historical accuracy. “Many shopkeepers who you are warm-hearted, past lines of cars snaking for several blocks ing the war, with large parts of it destroyed lost the papers proving they own a property there is no room for an- near gas stations. Motorists were sleeping by fire. or hold a lease are renovating as an informal ger, jealousy or insecuri- inside them, waiting for their turn to get their This time, Thierry led me to a bright, re- way of proving their ownership,” Thierry said, ty. Healthy, happy fami- newly reduced weekly ration of fuel, which constructed section of the souq, bustling with alluding to a postwar Syrian law that gives lies and a healthy peace- amounts to a gallon a day, from stations that workers paving new cobblestone roads as owners one year to claim property or lose it. ful nation are dependent ran dry shortly after opening. US sanctions others discussed the feasibility of solar panels “A lot of the reconstruction is well done,” on warm-heartedness. against Iran, Syria’s principal supplier, have for lighting. This section had been selected by Thierry explained, “others not so much.” @DalaiLama resulted in a countrywide fuel shortage since the government as the pilot for reconstruction He keeps a close eye on private projects October 2018. funded by the AKTC, possibly because it was across the Old City, encouraging the prop- Sanctions on Syria, however, cover more not as extensively damaged as other parts of erty owners and the Directorate-General for 03 than just fuel; the US Treasury Department’s the souq. It was once the Souq el Saqatieh, Antiquities and Museums to preserve some Office of Foreign Assets Control (OFAC) tar- where shoppers bought meat and nuts. semblance of the neighbourhood’s historic gets transactions with any instrument of the The AKTC is restoring the entryways of fabric. “You can tell that these two rebuilt government of Syria, “including the Central each stall along the 110-yard stretch covered archways don’t have the same shape as the Bank of Syria,” making financial transfers by this roughly $450,000 project, leaving only intact one next to them,” Thierry said as he in or out of the country close to impossible. minimal interior restorations for shopkeepers pointed out a partially destroyed storefront Sanctions also delay imports of vital goods to handle. Although this will help a handful with a renovated facade. “It’s not difficult to oe Biden let China get like medicine and suffocate the potential for of businesses, the entire souq is more than keep the original dimensions. Owners just Jaway with cheating private business in the country. The sanctions seven miles long, with heavier damage in need guidance.” when he was Vice Pres- are explicitly intended to “disrupt support for some parts, and Thierry estimates it would ident, and he continues the Assad regime by preventing the normali- cost $90 million to entirely rebuild. As we (Jwanah Qudsi, who grew up in Aleppo and to naively dismiss China zation of economic and diplomatic relations The damage inflicted on the Old Aleppo markets, below walked through the souq, people approached works in New York, is an expert in Anthropolo- today. China is stealing and the provision of reconstruction funding,” the Citadel, was extensive Thierry to shake his hand with warmth and gy, Archaeology, and International Relations) from American businesses, hurting our workers, and @realDonaldTrump LETTER is right to fight back! @GOPChairwoman 04 MP’s pass Bahrain’s budget as IMF commends Kingdom’s improving financial position he comments of the order to minimize Bahrain’s debt tion Plan, while protecting citizens versification and private sector-led states to support infrastructural Tphilosopher and n recent days both houses of obligations. benefits”. inclusive growth.” investment and improve the King- guide of the Congress Parliament have passed the state Indeed, the entire process ap - Bahrain was recently commended Bahrain’s Government estimates dom’s long-term financial stand- President have angered Ibudget for the 2019 / 2020 fi- pears to have gone forward in a very by the International Monetary Fund that its fiscal programme as of 2018 ing. This financial support has al- Punjab. The memories nancial years. Head of the Shura constructive and positive manner, for its successes in bringing finan- had cut the budget deficit by 35%. lowed the government to fast-track of 1984 massacres haunt Council Finance Committee Khalid compared to previous years, de - cial commitments under control. Bahrain’s budget deficit in 2018 fell massive infrastructure investment several people and our al-Musqati said that the swiftness spite deputies raising dozens of que- IMF executive directors “commend- to 11.7% of GDP, from 14.2% in 2017, projects worth over $32bhn, in - Government has worked and smooth-passing of the Budget ries and proposals. Shura MP on ed authorities for their efforts to according to IMF estimates. In the cluding $10bn from government towards ensuring justice was in itself a huge achievement. the Finance Committee, Darweesh address fiscal and external vulner- wake of this progress Bahrain is holding companies and $15bn from by punishing the perpe- The emphasis of parliamentarians al-Manai said that the passing of the abilities. planning to return to international private investors. A further positive trators. throughout this process has been Budget was the “fruit of the coop- ” These efforts include far-reach- bond markets in the second half of prospect for the Kingdom’s financ- @narendramodi on ensuring that citizens’ benefits eration between representatives of ing subsidy reforms, the introduc- 2019, making the process of man- es was the 2018 announcement of are protected; maximizing spend- both the executive and legislative tion of VAT, a voluntary retirement aging Bahrain’s debt cheaper and the discovery of vast new reserves ing for departments like Educa - branches of government, particu- plan for state workers, and a broad smoother. of oil, which promises to improve Disclaimer: (Views expressed tion, Health and Housing; while larly in the light of joint efforts to range of other efficiency measures. Bahrain’s financial position has Bahrain’s financial position signifi- by columnists are personal and ensuring that government depart- achieve financial equilibrium and IMF’s directors “encouraged further been further strengthened by a cantly as these become available for need not necessarily reflect our ments maximize their income in implement the Government Ac- structural reforms to support di- $10bn financial package from GCC exploitation. editorial stances) Citizens for Bahrain

?? UAQ ruler opens Mall of UAQ ??

The new shopping mall and the hypermarket was inaugurated by Sheikh Saud bin Rashid Al Mualla, Member of UAE Supreme Council and Ruler of Umm Al Qaiwain The new shopping mall and MA, Chairman of LuLu TDT | Umm Al Qaiwain the hypermarket was inaugu- Group. rated by Sheikh Saud bin Rashid “This is a very important bu Dhabi based retailer Al Mualla, Member of UAE Su- project for us in the emirate of LuLu opened its latest preme Council and Ruler of UAQ as we expand our presence Ashopping destination - Umm Al Qaiwain in the presence across the different parts of the Mall of UAQ in the emirate of of Sheikh Rashid bin Saud Al UAE. It has been our policy to Umm Al Qaiwain along with its Mualla, Crown Prince of Umm reach nearer to the people rather LuLu Hypermarket. Al Quwain and other royal fam- than driving a long distance to In pictures, scenes from the inauguration ily members. reach us,” he said. Upon arrival, the Ruler of UAQ Strategically located on King and the Crown Prince was re- Faisal Street, the Mall of UAQ 20 ceived by Yusuff Ali MA, Chair- is spread in a single level. The INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS man & Managing Director of mall is complete with a full line 31 March 2019 (Reviewed) LuLu Group along with Saifee of amenities and facilities which Rupawala, CEO, Ashraf Ali MA, include the best brands of luxury INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION INTERIM CONSOLIDATED STATEMENT OF INCOME At 31 March 2019 For the three months ended 31 March 2019 (Reviewed) Executive Director, Salim MA, and lifestyle, a well-appointed Reviewed Audited ree Months ended Director & other senior officials. food court that serves interna- 31 March 31 December 31 March 2019 2018 2019 2018 Also, present on the occasion tional cuisines, coffee shops, US$ '000 US$ '000 US$ '000 US$ '000 were several other high-rank- money exchange, bank, dine- ASSETS INCOME ing government and police of- in outlets, 5 screen multiplex,

Cash and balances with banks 3,314 1,206 Investment in sukuks 132 877 ficers, representatives from the an entertainment zone, prayer Murabaha receivables 4,006 9,502 Investment in equities and funds 47 8 local business community and halls, among other facilities and Due from Banks 3,496 8,496 Due from Banks 72 56 Mudaraba receivables 2,507 2,496 Financing receivables - 96 a large number of citizens and will serve the residents of UAQ Financing receivables 841 841 Mudaraba receivables 11 16 residents. and its nearby areas. Investment in sukuks 73,405 Less: Return to short term sukuk investors and ban ks (468) (483) 49,042 The ruler of UAQ unveiled The 100,000 sq. feet LuLu hy- Investment in equities and funds 4,730 4,771 (206) 570 Investment in real estate 26,377 26,556 a plaque to commemorate the permarket will be the anchor Equipment 137 136 Investment banking fees 4 68 Other assets 1,180 opening of Mall of UAQ and also tenant of the mall and it has been 858 Ijarah income 318 330 Other income 2 235 digitally to mark the grand open- designed using the latest retail TOTAL ASSETS 95,307 128,590 ing of the latest shopping centre space concepts and most mod- OPERATING INCOME 118 1,203 LIABILITIES AND OWNERS' EQUITY in the emirate. ern technology for ease of shop- Liabilities Sta costs 643 625 After the inauguration, Sheikh ping and greater convenience. Due to short term sukuk investors and banks 43,260 74,271 General and administrative expenses 282 192 Saud Al Mualla, Sheikh Rashid Also present on the occa - 299 1,494 Depreciation 180 181 Al Mualla and other dignitaries sion were Sheikh Humaid bin Other liabilities 588 678 OPERATING EXPENSES 1,105 998 toured various sections of the Ahmed Al Mualla, Sheikh Saif Total liabilities 44,147 76,443 NET (LOSS) PROFIT FOR THE PERIOD BEFORE newly built mall and LuLu hy- bin Rashid Al Mualla, Head of Owners' Equity IMPAIRMENT PROVISION (987) 205 Share capital 59,039 59,039 permarket and congratulated Economic Development De- Reserves 8,282 8,282 Net recoveries (allowances) for credit losses - 280 the Group Chairman, Yusuff Ali partment, Sheikh Ahmed bin Accumulated losses (16,161) (15,174) Unrealised fair value loss on investments in funds MA on the successful completion Saud bin Rashid Al Mualla, Vice Total owners' equity 51,160 52,147 - (285) of the mall. Chairman of Umm Al Quwain TOTAL LIABILITIES AND OWNERS' EQUITY 95,307 128,590 “I want to express my sin - Executive Council, Sheikh Majid NET (LOSS) PROFIT FOR THE PERIOD (987) 200 cere gratitude to the His High- bin Saud bin Rashid Al Mualla, INTERIM CONSOLIDATED STATEMENT OF CHANGES IN OWNERS' EQUITY ness Sheikh Saud bin Rashid Head of Tourism and Antiquities For the three months ended 31 March 2019 (Reviewed) Al Mualla, Member of UAE Su- Department, Sheikh Abdullah Reserves preme Council and Ruler of bin Saud bin Rashid Al Mualla Umm Al Qaiwain, His High - Head of Department of Finance, Investment (Accumulated Total Share Statutory General fair value Total owners’ capital reserve reserve reserve reserves losses) equity ness Sheikh Rashid bin Saud Al Sheikh Ali bin Saud bin Rashid US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 US$ ‘000 Mualla, Crown Prince of Umm Al Mualla, Head of Municipal- Balance as of 1 January 2019 59,039 3,881 2,226 2,175 8,282 (15,174) 52,147 Al Quwain for personally com- ity Department, Sheikh Saqr ing and inaugurating the Mall bin Saud bin Rashid Al Mualla, Net loss for the period - - - - - (987) (987) of UAQ, the largest in the emirate Sheikh Ahmed bin Khalid Al

Balance at 31 March 2019 59,039 3,881 2,226 2,175 8,282 (16,161) 51,160 of UAQ, which will bring world- Mualla, Head of Urban Plan - Balance at 1 January 2018 59,039 3,881 2,226 2,460 8,567 (13,465) 54,141 class shopping closer to citizens ning Department and several Transition adjustment on adoption of FAS 30 as of and residents,” said Yusuff Ali officials. 1 January 2018 (Note. 2.5) - - - - - (2,007) (2,007)

Restated balance as of 1 January 2018 59,039 3,881 2,226 2,460 8,567 (15,472) 52,134

Net pro t for the period - - - - - 200 200 Cumulative changes in fair value - - - (285) (285) 285 - Balance at 31 March 2018 59,039 3,881 2,226 2,175 8,282 (14,987) 52,334

INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS For the three months ended 31 March 2019 (Reviewed) Hassan Amin Jarrar Ameer A. Ghani Amer Sadiq ree Months ended Chairman Director 31 March 2019 2018  US$ '000 US$ '000 13 May 2019  Net cash used in operating activities (8,388) (13,157) accordance with a resolution of the board of Directors dated 13 May 2019.  Liquidity Management Centre B.S.C. (c) is Licensed by the Central Bank of Bahrain as Wholesale Islamic Bank. NET CHANGE IN CASH AND CASH EQUIVALENTS (8,388) (13,157) Cash and cash equivalents at 1 January 19,210 30,327 Liquidity Management Centre B.S.C. (c) CASH AND CASH EQUIVALENTS AT 31 MARCH 10,822 17,170 CR 49092 P.O. Box 11567, Manama, Kingdom of Bahrain. Tel: +973 1756 8568, Fax: +973 1756 8569 Note: Email: [email protected] TUESDAY, MAY 14, 2019 11 Batelco completes legal separation TDT | Manama streams which are in line with the Kingdom’s vision for the he Minister of Transpor- growth of the digital economy.” tation and Telecommu- Acting General Director of the The new infrastructure company will work with Tnications, Kamal Ahmed, TRA, Shaikh Nasser bin Moham- announced the completion of the government to create a fibre optic network med Al Khalifa said, “The legal Batelco’s legal separation pro- providing residents in all areas of the Kingdom separation project reflects the cess in the implementation of with high-speed internet access. These vision of His Majesty the King, the 4th National Telecommuni- developments come in line with the Economic His Royal Highness the Prime cation Plan (NTP4). Vision 2030, which focuses on the provision Minister and the Crown Prince, This announcement was Deputy Supreme Commander made during a press conference of high-quality services in the Kingdom of and First Deputy Prime Minis- held yesterday in the presence Bahrain and will achieve the government’s ter to develop the growth and of Batelco Chairman, Shaikh vision of the 4th National Telecommunications economic diversification of the Abdulla bin Khalifa Al Khalifa, Plan telecommunication sector.” Acting Director of TRA, Shai- KAMAL AHMED “Through the regulatory kh Nasser bin Mohammed Al framework of the 4th National Khalifa, Batelco board mem- MINISTER OF TRANSPORTATION AND TELECOMMUNICATIONS Communication Plan, the suc- bers, executive management, cess of this project is based on stakeholders and officials from the competition of providing concerned parties. high-speed internet for the ben- “The new infrastructure com- vision of high-quality services in of the new infrastructure com- Batelco Chairman, Shaikh lines and TRA Regulations. efit of the consumer in order pany will work with the gov - the Kingdom of Bahrain and will pany for National Broadband Abdulla bin Khalifa Al Khalifa Shaikh Abdulla said: “We also to provide them with unprec- ernment to create a fibre optic achieve the government’s vision and Mikkel Vinter as the new confirmed the completion of the want to confirm that the restruc- edented speeds of broadband network providing residents in of the 4th National Telecom - CEO of Batelco Bahrain, which legal separation, including the turing of the Company, as part services and support the busi- all areas of the Kingdom with munications Plan,” the minister will be the entity responsible for restructuring of the executive of the NTP4, is going to create ness sector in order to make the high-speed internet access. said. the retail and enterprise opera- management teams, separation new horizons for Batelco and Kingdom of Bahrain a strategic These developments come in Batelco has recently an - tions. The two separate entities of operations systems and hu- opportunities to invest in digital investment destination and a re- line with the Economic Vision nounced the appointment of will remain under the owner- man resources, in line with the technology and furthermore, gional hub for trade and ICT,” he 2030, which focuses on the pro- Mohamed Bubashait as the CEO ship of Batelco. NTP4 telecommunication guide- create new and diverse revenue added. US-China trade war escalates as Beijing returns fire Beijing, China for reconciliation, saying he ex- whether he would ultimately jing also appeared to give time Wall Street stocks plung - While American officials ar- pected a “fruitful” meeting next impose those levies. to find a resolution by setting the ing, with the tech-rich Nas - he US-China trade war gue that they have the upper month with his Chinese coun- The increase in duty rates June 1 date for those increases to daq having its worst day of Tescalated Monday as Bei- hand in the year-long clash, terpart Xi Jinping at a Group of that Beijing announced Mon- take effect. 2019 and the benchmark Dow jing announced it would raise China struck back amid reports 20 summit in Japan. day targets a range of American “China’s adjustment of tar- Jones Industrial Average clos- painful tariffs on $60 billion in it could raise the temperature Trump has meanwhile also agricultural and manufactured iff-adding measures is a re - ing at its lowest level since US exports by next month, re- even higher by boycotting US ordered the start of a process goods, kicking levies up as high sponse to US unilateralism and February 11. sponding in kind to President agriculture, dumping American to impose new duties on about as 25 percent, according to a trade protectionism,” the state- But in a news conference, Donald Trump’s decision last debt and cutting orders for Boe- $325 billion worth of additional statement by the Tariff Policy ment said, adding that it hoped Trump was buoyant, telling week to hike duties on hundreds ing aircraft. Chinese merchandise. Commission of the State Coun- the US would work with China reporters that his decision to of billions of dollars in Chinese However, US President Don- But he said Monday in Wash- cil -- China’s cabinet. towards a “win-win agreement.” increase tariffs was “a very pos- merchandise. ald Trump left open the door ington he had not decided Despite the retaliation, Bei- The announcement sent itive step.”

Condensed interim financial information for the three months ended 31 March 2019 (Reviewed)

Condensed interim statement of financial position as at 31 March 2019 Condensed interim statement of profit or loss for the three months ended 31 March 2019 Condensed interim statement of cash flows for the three months period ended 31 March 2019

31 March 2019 31 December 2018 31 March 2019 31 March 2018 ( Reviewed ) (Audited) (Reviewed) (Reviewed) 31 Mar 2019 31 Mar 2018 ASSETS Reviewed Reviewed Non-current assets Right-of-use assets 598,794 - Property, plant and equipment 2,656,785 2,630,176 Sales 3,926,826 3,566,059 Operating activities Investment in an associate company 1,603,809 1,635,076 Cost of sales (3,908,544) (3,200,575) Net profit for the period 29,664 348,574 Financial assets at fair value through other comprehensive income 2,738,927 2,971,304 Gross Profit for the period 18,282 365,484 Adjustments for: Financial assets at fair value through profit or loss 684,668 668,095 Depreciation 100,917 94,173 Investments at amortised cost 750,000 750,000 Other operating expenses (185,750) (153,993) Amortisation of right-of-use asset 6,690 - Total non-current assets 9,032,983 8,654,651 Other income 34,015 2,039 Interest expense on lease liability 5,077 - Current assets (Loss)/Profit from operations (133,453) 213,530 Unrealised fair value gains on financial assets at fair Inventories 2,171,358 2,886,343 Investment income 156,307 165,049 value through profit or loss (16,574) (25,531) Trade and other receivables 2,844,118 2,414,299 Cash and cash equivalents 869,274 331,779 Share of loss in an associate (2,977) (55,536) Share of loss of associate 2,977 55,536 5,884,750 5,632,421 Finance costs (6,787) - Interest and dividends income (156,307) (165,049) TOTAL ASSETS 14,917,733 14,287,072 Unrealised fair value gains on financial assets at fair Changes in operating assets and liabilities: EQUITY AND LIABILITIES value through profit or loss 16,574 25,531 Inventories 714,985 (166,230) Shareholders’ equity Trade and other receivables (429,819) (1,447,431) Net profit for the period 29,664 348,574 Trade and other payables (43,784) (47,112) Share capital 3,120,928 3,120,928 Basic earnings per share (fils) 0.97 11.38 Employees’ terminal benefits, net 2,106 1,968 Statutory reserve 1,560,464 1,560,464 General reserve 3,993,000 3,993,000 Net cash provided by/(used in) operating activities 215,932 (1,351,102) Development and raw material reserve 1,000,000 1,000,000 Condensed interim statement of comprehensive income for the three months ended 31 March 2019 Investment fair value reserve 1,683,734 1,865,423 Investing activities Retained earnings 1,678,634 1,454,210 31 March 2019 31 March 2018 Purchase of property, plant and equipment (127,526) (62,624) Treasury shares (118,093) (118,093) (Reviewed) (Reviewed) Matured financial assets at amortised cost - 500,000 Total shareholders’ equity 12,918,667 12,875,932 Proceeds from sale of financial assets at fair Non-current liabilities value through other comprehensive income 426,804 257,248 Non-current portion of lease liability 556,632 - Net profit for the period 29,664 348,574 Interest and dividends received 156,307 165,049 Non-current portion of deferred income 223,583 53,560 Other comprehensive income Net cash provided by investing activities 455,585 859,673 Employees’ terminal benefits 25,791 23,685 Items that will not be reclassified to profit or loss: 806,006 77,245 Financing activities Current liabilities Valuation gains on financial assets at fair Principal elements of lease payments (25,225) - Current portion of lease liability 28,704 - value through other comprehensive income 194,426 55,735.00 Net movement in deferred income 170,023 - Trade and other payables 1,151,671 1,045,635 Items that may be reclassified into profit or loss: Net movement in short-term borrowing - 192,389 Current portion of deferred income 6,935 6,935 Company’s share in associate’s other comprehensive loss (28,290) (194) Dividends paid (3,245) (10,569) Bank overdrafts 5,750 281,325 Net cash provided by financing activities 141,553 181,820 1,193,060 1,333,895 Other comprehensive income for the period 166,136 55,541 Total liabilities 1,999,066 1,411,140 Net increase/(decrease) in cash and cash equivalents 813,070 (309,609) TOTAL EQUITY AND LIABILITIES 14,917,733 14,287,072 Total comprehensive income for the period 195,800 404,115 Cash and cash equivalents, beginning of the period 50,454 828,627

Condensed interim statement of changes in shareholders’ equity for the three months period ended 31 March 2019 Cash and cash equivalents, end of the period 863,524 519,018 Comprising: Cash and bank balances 869,274 519,018 Share Statutory General Development Investment fair Retained Treasury Total Bank overdrafts (5,750) - Capital reserve reserve and raw material value reserve earnings shares 863,524 519,018 At 1 December 2017 (Audited) 3,120,928 1,560,464 3,993,000 1,000,000 1,781,555 1,222,761 (118,093) 12,560,615 Total comprehensive Income for the period - - - - 55,541 348,574 - 404,115 Movement in investment fair value reserve on disposal of financial assets at fair value through other comprehensive income - - - - 6,864.00 (6,864) - - * These financial statements approved and authorised for issue by the Board of Directors on Dividends for 2017 (153,065) (153,065) 13 May 2019. Full set of condensed interim financial information can be seen on Company At 31 March 2017 (Reviwed) 3,120,928 1,560,464 3,993,000 1,000,000 1,843,960 1,411,406 (118,093) 12,811,665 website: www.dawajen.bh

At 31 December 2018 (Audited) 3,120,928 1,560,464 3,993,000 1,000,000 1,865,423 1,454,210 (118,093) 12,875,932 Financial information Reviewed by Total comprehensive Income for the period - - - - 166,136 29,664 - 195,800 BDO Movement in investment fair value reserve on disposal of financial assets at fair value through other comprehensive income - - - - (347,825) 347,825 - - Dividends for 2018 - - - - - (153,065) (153,065) Abdul Rahman Mohamed Jamsheer Abdulhussain Khalil Dewani Abdulhadi Mirza Jaffar At 31 March 2018 (reviewed) 3,120,928 1,560,464 3,993,000 1,000,000 1,683,734 1,678,634 (118,093) 12,918,667 Chairman Vice Chairman General manager

TUESDAY, MAY 14, 2019 12

Gulf Air offers free extra baggage allowance for University students uate and postgraduate students student ID cards to the check-in The new baggage holding a valid college or univer- counter agents. allowance• is applicable sity student ID card and flying Names on the student ID card To avail the offer, stu- between any points within the and on the air ticket must match. dent passengers must to all undergraduate and airline’s global network. The check-in counter agent postgraduate students “This is a great bonus for will then provide an additional present their student all our student passengers,” 23-kilogram bag free of charge ID cards to the check-in counter agents. Names TDT | Manama Krešimir Kucko, Gulf Air CEO to the student passenger. said. He added: “We know that In the past, such bonus bag- on the student ID card students need more luggage to gage allowances were sanctioned and on the air ticket ulf Air, the national carrier carry their books, laptops, win- through airline offices and it had must match. The check-in Gof Bahrain, yesterday an- ter clothes and so on. Now, we to be done a few days prior to the counter agent will then nounced it enhanced the bag- want to make things easier for all trip. Earlier this year Gulf Air gage allowance for all college students by allowing one extra increased the baggage allowance provide an additional and university students with bag of 23 kilos for each student for athletes allowing them to 23-kilogram bag free of additional free of charge 23-kilo- flying to college or returning travel with their golf bags or bi- charge to the student gram bag. home for the summer”. cycles free of charge to promote passenger. The new baggage allowance To avail the offer, student a healthy lifestyle amongst its is applicable to all undergrad- passengers must present their passengers. Sadad, eazyNet in deal Trade tensions hurt markets Closing Bell • Saudi insurers SAUDI  3.6pc »8,367 pts among biggest fallers ABU DHABI  3.3pc » 4,929 pts after weak Q1 results DUBAI  4pc » 2,526 pts QATAR  1.9pc »9,740 pts Abu Dhabi suffers worst• day in 3-1/2 years EGYPT  1.5pc » 13,905 pts BAHRAIN  0.8 pc »1,416 pts The deal signing Dubai in sharpest OMAN  0.7pc » 3,840 pts TDT | Manama executive team from both one-day• decline KUWAIT  1.4pc » 6,079 pts Companies. in 3 years azy Financial Services Commenting on the occa- biggest one-day drop since Jan- (Eazy) has signed a stra- sion, Nayef Tawfiq Al Ala - Traders on the floor of Saudi Stock market (Courtesy of Amazons) uary, 2016. E Reuters tegic partnership agreement wi, CEO and Board Member First Abu Dhabi Bank, the with SADAD Electronic Pay- at Eazy, said, “The provi- Saudi Arabia said the two Sau- ma Cooperative Insurance each UAE’s biggest bank, shed 3.1pc ment System. sion 1,250 electronic plat - ubai and Abu Dhabi di oil tankers were attacked off fell 10pc after they reported and Emirates Telecommunica- The move allows eazyNet forms and 300 Points of Sale stock markets suffered the coast of the UAE and said it first-quarter losses, citing in- tions Group dropped 5.7pc. customers to use fingerprint (PoS) provides our custom- Dtheir biggest single-day was an attempt to undermine creased net claims. Qatar’s index lost 1.9pc with authentication to complete ers with an easy, quick and decline in years yesterday af- the security of crude supplies Saudi Arabia is due to be in- 18 of its 20 stocks declining. payments for all purchases, secure method of payment ter several commercial ships amid heightened US-Iranian cluded in the MSCI index from Market heavyweight Qatar services and invoices available through our network, ena - were attacked off the coast of tensions. later this month. National Bank decreased 2.8pc on SADAD self-service kiosks bling us to launch innovative the United Arab Emirates. Shares in National Ship - The Dubai index was down while lender Masraf Al Rayan by the end of the third quarter products that facilitate the Saudi shares had their worst ping Company of Saudi Arabia 4pc in the sharpest single-day was down 3.1pc. of 2019. process of conducting vari- day since mid-October after Ri- (Bahri) dropped 3pc, after trad- decline since June, 2016 with Outside the Gulf, Egypt’s The signing ceremony held ous banking transactions for yadh said two of its oil tankers ing and shipping sources said 26 of 37 stocks falling and none blue-chip index fell 1.5pc at Eazy’s Headquarters in Ma- customers.” were among the vessels hit in the Saudi vessels targeted were rising. mirroring decline in emerg- nama was attended by Nayef Dr Mohamed Rifat Al Kashif, the attacks. Bahri-owned very large crude Financial and real estate ing markets as concerns Tawfiq Al Alawi Chief Exec- SADAD Electronic Systems Saudi Arabia’s index declined carrier Amjad and crude tanker stocks were hit the hardest. The over US-China trade dispute utive Officer (CEO) and Board Board Member, said, “This 3.6 per cent, with Al Rajhi Bank Al Marzoqah. Bahri did not re- emirate’s largest listed develop- intensified. Member at Eazy Financial Ser- eliminates the need for cash, dropping 4.6pc and petrochemi- spond to a request for comment. er, Emaar Properties, lost 5.9pc, The country’s top bank, Com- vices, Dr Mohamed Rifat Al cards or smartphones enabling cal group Saudi Basic Industries Insurance companies were and its biggest bank, Emirates mercial International Bank and Kashif, SADAD Bahrain Board users to perform transactions falling 5.1pc. The index is down among biggest fallers on the NBD, closed 3.6pc lower. investment firm, Egypt Kuwait Member alongside a number simply through fingerprint au- nearly 10pc since the start of Saudi market. Gulf Union Co- Financials also pushed Abu Holding, dropped 1.7pc and of members of the Board and thentication.” May. operative Insurance and Sala- Dhabi’s index down 3.3pc, its 2.3pc,respectively.

Mercedes want Gulf Hotels Group lends a helping hand to “Smile” to abandon TDT | Manama combustion engines he Gulf Hotels Group by 2039 Temerged as the first donor Berlin, Germany to the National Bank of Bahrain campaign launched in collab- erman giant Mercedes- oration with the Smile Initia- GBenz said yesterday it tive to support children with wants to stop selling tradi- cancer. tional combustion engine Group Chief Executive Officer cars by 2039 and plans for Garfield Jones handed over a its new vehicles sold world- donation to Subah Al Zayani wide by that time to be car- Chairman of Smile Initiative, bon-neutral. an initiative of Bahrain Future “We aim to have a car - Society for Youth, in the pres- bon-neutral new passenger ence of society treasurer Sa - car fleet in 20 years,” said faa Al Nasser, Society member Ola Kallenius, current head Rana Al Mannai and Ron Peters, of Mercedes research, who Group’s Deputy Chief Executive is to succeed Dieter Zetsche Officer. as chairman of the Daimler Al Zayani said the donation group next week. will be used to build an integrat- All Mercedes models ed cancer centre. will be electric or hybrids “We are confident that this within two decades, a com- donation will be an incentive pany spokesman said, but for us to increase joint coor - different approaches were dination and create new ideas possible. and provide a modern model “Our current focus is on of transparent professional vol- Group Chief Executive Officer Garfield Jones handed over a donation to Subah Al Zayani Chairman of Smile Initiative, an initiative of Bahrain Future Society for battery-electric mobility. untary work reflecting a high Youth, in the presence of society treasurer Safaa Al Nasser, Society member Rana Al Mannai and Ron Peters, Group’s Deputy Chief Executive Officer But there’s also room and level of brotherhood and soli- need to continue to work on darity between individuals and focus on purchasing medical support groups for parents providing the Society with ac- Members of the community other solutions, for exam- institutions in the Kingdom of equipment for patients’ home among others. cess to new sources of funds and are being urged to donate direct- ple, the fuel cell or eFuels,” Bahrain,”Alzayani added. use, providing home education NBB’s campaign will run until to raise awareness of Childhood ly to the initiative’s bank account Kallenius said in a state- The Smile Initiative activities for the children, and offering the end of the year and involves Cancer. (BH12 NBOB 0000 0099 660067). ment. 13 TUESDAY, MAY 14, 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

MOVIE REVIEW CHANGE OF NAME SITUATIONS VACANT

I, DEVANANDAN URGENTLY REQUIRED Filipino Venom: Tom Hardy’s super-villain flick is less than a Marvel MOOCHITHODIYIL S/O GOPALA Beautician. Age between 22 to 35 KRISHNAN MOOCHI THODIYIL, year, with knowledge of manicure holding Indian Passport No. H5860813, and housekeeping. dated 27.05.2009 issued at BAHRAIN enom is a 2018 Amer- Contact 39865012. having permanent residence at (full Email: [email protected] ican superhero film address in India) MOOCHI THODIYIL based on the Marvel V HOUSE, PO ELANKUR, MANJERI Comics character of the same VIA, MALAPPURAM DT., KERALA name, produced by Columbia KNOW WHAT 676122, presently residing at (full Pictures in association with address in Bahrain) FLAT NO. 21, Marvel and Tencent Pictures. BUILDING NO. 623, ROAD NO. 717, Distributed by Sony Pic- BLOCK NO. 307, will henceforth be CHANGE OF NAME tures Releasing, it is the first Sony’s attempt to known as (Given name) DEVANANDAN film in Sony’s Marvel Uni - stake a claim in the (Surname) MOOCHITHODIYIL. I, SREEDHARAN verse, adjunct to the Marvel Objection(s) if any, may be forwarded to PRESANNAN PILLAI Cinematic Universe (MCU). lucrative comic-book Embassy of India, P.O Box 26106, Bldg S/O NARAYANAN NAIR Directed by Ruben Fleis- movie world lacks 1090, Road 2819, Block 428, Al Seef, SREEDHARAN NARI, holding cher from a screenplay by Tom Hardy in Venom the deftness of the Kingdom of Bahrain. Indian Passport No. R8312366, Scott Rosenberg, Jeff Pink- standalone movie turns out to stumblebum Method goof”, best dated 03.10.2017 issued at ner, and Kelly Marcel, it stars be like the comics character in and felt the film spent too long BAHRAIN having permanent Tom Hardy as Eddie Brock / all the wrong weays—chaotic, on Venom’s origin story when criticised. He also criticised I, ATHULSEN S/O residence at (full address in Venom, alongside Michelle noisy, and in desperate need it should have been what a Fleischer’s direction as “un- KUNJUKRISHNAN SASIDHARAN, India) KIZHAKKE KANJIRA Williams, Riz Ahmed, Scott of a stronger attachment to sequel likely will be. He added focused” and Libatique’s cin- holding Indian Passport No. VILAYIL, ELAMPALLIL, Haze, and Reid Scott. Spider-Man.” that the film may not be as bad ematography as some of the P3402217, dated 21.01.2017 issued at NOORANAD PO., In Venom, journalist Brock Metacritic, which uses a a start to a new shared uni- “dingiest” of 2018, but did feel TRIVANDRUM having permanent PATHANAMTHITTA DIST., gains superpowers after being weighted average, assigned a verse as The Mummy (2017), that the scenes where Hardy residence at (full address in India) 3/692, KERALA, presently residing SAJIVIHAR, OTTAPLAMMUKKU at (full address in Bahrain) bound to an alien symbiote score of 35 out of 100, based but it “could turn out to be and Venom talk while shar- CHIRAYINKEEZHU PO, FLAT NO. 13, BUILDING NO. whose species plans to invade on 46 critics, indicating “gen- a similar case of a franchise ing a body were “reasonably TRIVANDRUM, PIN: 695304, 3431, ROAD NO. 2152, BLOCK Earth. erally unfavourable reviews”. kickoff that doesn’t fully at- amusing”. KERALA, INDIA presently residing NO. 321, GUDAIBIYA, will The review aggregation Reviewing the film for Vari- tain franchise liftoff”. Mark Daniell at the Toron- at (full address in Bahrain) FLAT NO. henceforth be known as (Given website Rotten Tomatoes re- ety, Owen Gleiberman called Ty Burr of The Boston to Sun criticised the film’s 21, BUILDING NO. 310, ROAD NO. name) PRESANNAN PILLAI ports an approval rating of it “a textbook case of a com- Globe scored the film one- tone, effects, and characters, 3411, BLOCK NO. 334, will henceforth (Surname) SREEDHARAN. 29% based on 308 reviews, ic-book film that’s unexciting and-a-half stars and said it compared it to a rejected su- be known as (Given name)ATHUL Objection(s) if any, may be with an average rating of in its ho-hum competence, “saps the life force of almost perhero film treatment from (Surname) SEN. Objection(s) if any, may forwarded to Embassy of India, 4.4/10. and even its visual-effects bra- everyone in it” including the 1990s, and said it was the be forwarded to Embassy of India, P.O P.O Box 26106, Bldg 1090, Road The website’s critical con- vura”. He criticised Hardy’s Hardy, Williams, and Ahmed worst Marvel film released Box 26106, Bldg 1090, Road 2819, Block 2819, Block 428, Al Seef, Kingdom sensus reads, “Venom’s first performance as acting like “a whose performances he all since Elektra (2005). 428, Al Seef, Kingdom of Bahrain. of Bahrain. 14 TUESDAY, MAY 14, 2019

GRAND EID DRAW $ 250,000 JUNE 2019 TERMS AND CONDITIONS APPLY. CONDITIONS AND TERMS Gulf Air Annual Ramadan Ghabga

Batelco launches ‘Nasna Friday’ initiative City Centre Bahrain invites visitors to ‘Make a Difference this Ramadan’

ity Centre Bahrain, the premier shopping, en- Ctertainment and lifestyle destination in the Kingdom of Bahrain, once again will be collaborating with the Bahrain Islamic Association to make a difference in the lives of the less fortunate by encourag - ing people to donate during Ramadan. Now in its 13th year, ‘Make A Difference’ is Majid Al Fu- atelco has announced ttaim’s annual initiative that the launch of its new spreads the message of kind- Binitiative ‘Nasna Friday’ ness and empathy. It teaches in partnership with Feed the the community the value of Need, during the Holy month giving and compassion and en- of Ramadan. courages everyone to donate, Throughout the course of providing families in need with City Centre Bahrain have Save the date for City Centre the partnership, Batelco will everyday essentials. been working closely with the Bahrain’s Gergaoun annual cel- give back to society by supply- “Our Make a Difference ini- Bahrain Islamic Association for ebrations, on May 16, 2019. In ing 2,500 iftar meals to those tiative with the Bahrain Islam- the past four years. During the conjunction with the Ministry in need, in order to spread ic Association has made great Holy Month, City Centre Bah- of Social Development, the mall the spirit of giving and grati- strides in getting the commu- rain is offering visitors the op- will host a traditional ceremony tude amongst the community nity together for a good cause. portunity to make a difference where children dress up in tra- throughout the holy month. City Centre Bahrain will be in the lives of underprivileged ditional clothes and go around With the initiative set to take there throughout the month families in need. asking for sweets while singing place every Friday, the first iftar with themed décor, activities A donation station will be special songs. coincided with the first Friday and entertainment and oppor- located next to gate 4 on the The colourful event will fea- of Ramadan and Iftar meals tunities to give those in need,’ ground floor and shoppers ture traditional games, songs, were distributed by staff vol- said Duaij Al Rumaihi, Senior are invited to donate gently mascots, and Gergaoun ‘goodie unteers from Batelco to 1,000 food and donating the surplus the community in which it op- Mall Manager, City Centre Bah- used clothes, books, toys and bags’ offered by City Centre labourers at their camp in Ras through a network of refriger- erates, Batelco has a number of rain. non-perishable food items. All Bahrain and its retailers. Zowayed, Askar. ators situated in various loca- programmes planned for the “We hope that this year even donated and collected goods For Iftar and Suhoor, diners Feed the Need is a local char- tions across Bahrain. holy month of Ramadan, which more residents and tourists will be distributed through the can choose from a wide range ity dedicated to offering food Continuously striving to be a were developed and designed open their hearts and embrace distribution channels of the lo- of Arabic and international cui- to the local communities in more socially responsible entity with the intention of providing the spirit of giving and gener- cal charity organisation, warm- sine at the mall’s restaurants, Bahrain, encouraging the local driven by a sincere desire and a positive impact to those who ously donate to families in need ing the hearts of thousands of which will be open every day community to avoid wasting inherent duty to contribute to need it most. this Ramadan “, he added. people in Bahrain. from Iftar until 2am. TUESDAY, MAY 14, 2019 15

Abdulla scores high series ‘Champions League glory in bowling tournament TDT | Manama

li Abdulla scored the dai- Aly high series amongst Group B bowlers late Sunday would transform Spurs’ night as qualifying continued in The Godfathers Tourna- ment, currently taking place Mauricio Pochettino believes beating Liverpool to land the Champions League at Funland Centre. The event is being held in trophy will transform the club’s image memory of the late Murtadha Qudrat Rasti and the late Shai- AFP | London kh Ebrahim bin Mohammed Al Khalifa. auricio Pochetti- Abdulla played a series of no says winning the 667 to register his best of the MChampions League competition so far. He howev- would change the “perception” er has yet to play a third trial of Tottenham Hotspur and pro- and has just one other score of vide a glorious ending to what 598, earning him a 140.6 aver- he described as the best season age from a 1,265 total. in the five years he has been His scores were enough to their manager. place him in 21st position on Ali Abdulla, right, receives his Group The 47-year-old Argentinian the qualification standings of B high series prize from Funland -- who has said he may walk Group B, which is for interme- General Manager Adel Rasti away if the club fail to deliver diate bowlers. a blueprint for keeping them Essa Taqi held on to first JM Villanueva, Ahmed Al- competitive with the top teams place with a 218.4 average malki and Fawaz Abdulla com- -- has been praised for the style and 1,966 total, while Abdul- pleted the top six. his team plays and his ability to rahman Alali was second on In Group C, Mahmoud’s develop young talent. But he has counts of 216.1 and 1,945. Pat- score was his best of the tour- yet to win a trophy. rick Toney of the USA was third nament thus far, adding to his This missing element in his on a 208.8 average and 1,879 other top series of 550 and 469. CV could be filled by beating aggregate. He now boasts an average of Liverpool in the June 1 final in Tin-Tin Cru, Mustafa Qaed 177.8 and a 1,600 total, which Eric Dier (right) struggles to take it all in as his Tottenham manager, Mauricio Pochettino, and captain, Hugo Lloris, Madrid. Overcoming last year’s and Isa Khaled were fourth put him in second place. celebrate after the win over Ajax losing Champions League final- through sixth, respectively. Mohammed Mahmoud ists and Premier League run- tive, there’s not another objec- They were also delayed in Meanwhile, Dante Tisdom stayed as the leader with a ners-up is a tall order. But histo- tive.” moving into their state of the and Ali Mahmoud maintained 210.6 average and 1,895 total, ry is beckoning, says Pochettino Pochettino says this has been art stadium playing a large part their top form. Tisdom played whereas Layla Janahi was “I think we can make history,” I think we can make their best season, since he ar- of the season at Wembley a high series of 682 amongst classified third with a 170.6 he said after Sunday’s 2-2 draw history. We are rived from Southampton. “This group of players de - the elite bowlers in Group A on average and 1,535 total. with Everton which confirmed Reaching the Champions serve so much credit,” said Sunday, while Mahmoud had Ahmed Al Ansari was fourth, Spurs spot in next season’s creating history League final and qualifying Pochettino. the best score of 581 amongst Mariam Modara fifth and Lui- Champions League by finish- because we are for next season’s campaign has “They have put so much un- the beginners in Group C. gi Magpantay sixth. ing fourth. making it, but if been achieved, he said, against believable effort in. There have Tisdom’s outing was his sec- The qualification round con- “We are creating history be- we can win we the odds as they did not invest in been many positives this season. ond-best of the tournament tinues each night at Funland cause we are making it, but if will write history fresh faces either in close season “The players and staff have and it helped raise his average until May 29. At the end of this we can win we will write history and change the or January transfer window. shown so much character. We to 231.3 with a 2,082 total. He stage, the first and second from and change the perception of perception of this Added to that many of his broke down all the doors when strengthened his position in each group advance directly this amazing club. players only had a short break the circumstances were against first place, ahead of Emerson to Round Three, while those “Of course the club and the amazing club after the World Cup and there us with the new stadium stuff. Gotencio who owns a 222.7 ranked third through 12th fans and we all deserve to be MAURICIO POCHETTINO have been injuries to key players “So to see their capacity to average and 2,004 total score. move on to Round Two. These focused on the way and how we during the season, most recent- fight again makes me so proud. Emad Jahromi ranked third stages will be played on May can win the final. ly to talismanic striker Harry I think this is our best season in with a 210.2 average and 1,892 30 and 31, along with the en- “That is the principle objec- Kane. our five years.” total. suing Step-ladder Final round.

Carrefour Bahrain CrediMax supports supports Ramadan Ramadan cricket tournament begins charity golf Cricket Blitz tournament TDT | Manama TDT | Manama

HE annual Ramadan s part of its CSR initia- TCricket Blitz 2019 start- Atives, CrediMax is sup- ed yesterday at The Foot- porting 22nd AMH Island ball Academy in Saar. The Classic charity golf tourna- tournament carries a cash ment as a Platinum Sponsor. prize of $2,000 in addition The handover ceremo- to daily prizes for best per- ny took place at CrediMax formance. headquarter in Seef Dis- Carrefour Bahrain, which Team members during the inauguration ceremony trict and was presented by is operated by Majid Al Fut- CrediMax Chief Executive, taim, are the Title Sponsors TDT | Manama Pakistan Club is organizing The Tournament started with tournament in furthering the Yousif Ali Mirza and Ahmed of the event. this mega cricket tournament a glamorous opening ceremony cricket in the country. Present A. Seyadi, Assistant General The organisers said that he opening ceremony of from 1st Ramadan 2019 till 28th by Afzaal Mahmood, Ambassa- were local community mem- Manager – Business Devel- the tournament has been TRamadan Cricket Tourna- Ramadan at the Pakistan Club dor of Pakistan. Guest of Honor bers and representatives of the opment to AMH Corporate running for over 20 years ment was held at Pakistan Club premises Manama, Kingdom of was Salim Ilyas, Chairman, Bah- Sponsors. CEO Dr. George Cheriyan with over 35 teams par - premises with a record 45 local Bahrain. rain Cricket Association. Afzaal Rehan Ahmed, Chairman, and Group CEO Julia Tovey. ticipating and more than teams participating in the event. The tournament feature Mahmood appreciated the ef- Pakistan Club welcomed the The proposed dates for 2,000 visitors expected to Ramadhan Cricket tourna- teams from more than five forts of the Chairman and Exec- guests and introduced the the Island Classic are the attend. ment is being organized by Paki- countries (Pakistan, Sri Lanka, utive Board of Pakistan Club in team captains participating in 21st, 22nd and 23rd of No- stan Club since twenty five years Bangladesh Nepal & India). The organizing this popular sports the tournament. On the first vember with the Gala Din- annually during the month of teams include seniors, under 19 event. Salim Ilyas appreciated opening day two matches were ner to be held on the 24th of Ramadan for cricket lovers. & under 14 in this event. the efforts put in organizing the played. November. Viviani stripped of Giro stage Jasprit Bumrah best bowler in the world, says Sachin Tendulkar AFP | London AFP | New Delhi The 25-year-old took 2-14 in on record and say that he is the nultimate over and sent Dwayne I wasn’t panicking, just focusing olombia’s Fernando Ga- Sunday’s IPL final as Mumbai best bowler in the world at this Bravo back to the pavilion for 15. on the next ball.” Cviria of UAE Team Emir- ndian cricket great Sachin edged Chennai Super Kings by stage,” said Tendulkar, an advi- He was named man-of-the- Bumrah has picked up 85 ates was awarded victory on ITendulkar yesterday hailed one run in the thrilling finale in sor to the Mumbai team. match for his efforts. wickets in 49 ODIs and 51 scalps stage three of the Giro d’Ita- Jasprit Bumrah as the “best Hyderabad. “The best is yet to come.” “Winning a fourth title for in 42 T20 games for India since lia when original winner bowler in the world” after the He is set to lead India’s pace With Lasith Malinga giving Mumbai makes me very happy,” his international debut in Jan- Elia Viviani was penalised Mumbai Indians paceman attack at the World Cup, which away 32 runs from his first three said Bumrah, the top-ranked uary 2016. by race officials for switch- played a key role in his team’s starts in England and Wales later overs and Chennai needing 18 bowler in the world in the one- India begin their World Cup ing trajectory mid-sprint fourth Indian Premier League this month. off the last 12 balls, Bumrah day format. campaign against South Africa yesterday. title win. “Without any doubt, let me go choked the opposition in the pe- “I was surprisingly very calm. in Southampton on June 5. TUESDAY, MAY 14, 2019 16 Mercedes dominance bad for F1 box office:

Lewis Hamilton Hamilton

the start of Sunday’s race and row of the grid and then took a the works and often when the cellence and supremacy. The two Mercedes then cruised to his 76th career stranglehold on the race in such cars are close, there’s strengths “If I take myself out of the • victory ahead of team-mate Valt- fashion that some observers and weaknesses of either team Mercedes standpoint, of course, drivers competing teri Bottas, who had started in talked of them being ‘the invin- The biggest threat and how you play those and ben- as a fan you want variability and against each other is not pole position. cibles’ with 16 races remaining is always the person efit from those, it’s awesome. unpredictability,” he said. “We much fun for outsiders, It was the Mercedes pairing’s including the classic Monaco that’s closest to you. “But when that’s not there it’s all enjoyed Liverpool coming admits Hamilton fifth consecutive one-two finish Grand Prix later this month. And that person is definitely not as exciting from a back strong as they did and and left rivals Ferrari flounder- That street circuit challenge competition point of view. Rac- Spurs making it against all odds. ing in pursuit. will be very different to all that Valtteri, but it still ing within a team, it’s not really “I had my laptop on my knees Mercedes locked The two Mercedes drivers are has gone before, but rivals have feels too early ... It’s how F1 should be in my opinion, watching the game when we saw out• the front row of competing against each other ... already installed Mercedes as fa- not as much fun, for but it is how it is right now.” they were beating Barcelona! the grid in Barcelona and it’s not much fun for outsid- vourites and the drivers’ cham- sure, as when you are No team has won every race But, where we are now, it cannot and then took a ers, admits Hamilton, especially pionship as a two-man race. competing against in a season, but McLaren came be our objective. stranglehold on the race for spectators. Hamilton is hopeful that for another team. That’s close in 1988 when they tri - “And, I feel, it’s also bad kar- Having hoped to see a Ferrari the sake of the sport, any such what F1 is about umphed in 15 of the 16 races — ma if we were to think that we renaissance at the Circuit de scenario never happens. beaten only when Ferrari took are now really walking on wa- AFP | Barcelona Catalunya, where they were so “The biggest threat is always LEWIS HAMILTON advantage of a late collision at ter – then, the next week, you dominant in pre-season test- the person that’s closest to you,” Monza -- and Mercedes, in 2016, are going to get one in the face ewis Hamilton cut short ing, Hamilton was disappointed he said. “And that person is Valt- won 19 of 21. for sure ... his celebrations after win- again at their lack of pace, which, teri, but it still feels too early ... Team chief Toto Wolff, like “We have had five fantastic Lning the Spanish Grand almost incredibly, prompted “It’s not as much fun, for competing against one or two Hamilton, is wary of any pre- performances, but we’re not Prix to warn that Mercedes’ paddock talk of the Silver Ar- sure, as when you are compet- other teams who are also bring- mature assessments or forecasts, taking it for granted. Next week dominance could be a menace to rows winning all 21 races. ing against another team. That’s ing their A-game. Naturally in but said he recognised the co- is going to be a tremendous Formula One’s box office appeal. what F1 is about. those teams, that’s another two nundrum he and his team faced challenge for us. We’ve not per- The defending five-time world Not as much fun “That’s the exciting part, drivers. as they reduced the sport’s spec- formed well in Monaco these champion seized the initiative at Mercedes locked out the front when you arrive and you’re “That puts another spanner in tacle with their metronomic ex- last years.”

BOC introduces Teqball in Bahrain Serena eases to victory in Rome return AFP | Rome

erena Williams made a Swinning return from injury beating Swedish qualifier Rebecca Petersen 6-4, 6-2 to advance to the second round of the Italian Open clay-court tournament yesterday. Williams, 37, has not played since a hard-fought three-set win over Petersen in the sec- Mohammed Al Nusuf and Shaikh Khalifa in a teqball match ond round at the Miami Open in March before withdrawing TDT | Manama raini youth. ment, which is perfectly suita- with a knee injury. US Serena Williams hits a return to Sweden’s Rebecca Peterson Al Nusuf added that the te- ble for professional footballers The 23-time Grand Slam win- A four-time Rome winner meet in Rome, it will be their he Bahrain Olympic Com- qball show was also organized as well as amateur enthusiasts ner -- now ranked 11th -- also Williams last won on the red first meeting on European clay Tmittee (BOC) has organized to ensure the success of the whose ambition is to develop withdrew from Indian Wells clay of at the Foro Italico in in nearly 17 years. a special show introducing te- Nasser bin Hamad Ramadan their technical skills, concen- in March complaining through 2016. Their last meeting on red clay qball for the first time in Bah- Heritage Festival, held under tration and stamina. illness. She will play either her old- came at the 2002 Roland Garros rain recently. the patronage of Shaikh Nasser The sport, run by Fédération Watched by her husband er sister Venus, who received final. The initiative, held as part of bin Hamad Al Khalifa, His Maj- Internationale de Teqball and is Alexis Ohanian, Williams dou- a wild card entry to the tour- Serena Williams is preparing Nasser bin Hamad Ramadan esty the King Representative based in Switzerland, has been bled faulted on her first match nament she won in 1999, or for the French Open later this Heritage Festival, featured per- for Charity and Youth Affairs, attracting some of the world’s point but sealed victory on her Belgian Elise Mertens in the month where she could match formances on two new teqball and Supreme Council for Youth best football players, such as second against her 58th-ranked second round. Margaret Court’s record of ma- tables that were presented in and Sports chairman. Brazilian star Ronaldinho. opponent. Should Serena and Venus jor singles titles. collaboration with Dividend Teqball was presented in It received recognition of the Gate Capital. the world in 2017 to create Olympic Council of Asia during During his visit to Isa Sports value by contributing a “mag- the general assembly meeting City, BOC secretary general Mo- ically-curved” extension to the held in Indonesia at the 2018 hammed Al Nusuf – joined by most popular sport of all - to Jakarta Asiad. Djokovic tightens grip on men’s tennis rankings Riffa Club vice-chairman Shai- football. Meanwhile, Dividend Gate kh Khalifa bin Ali Al Khalifa Four sports can also be played Capital (DGC) chief executive AFP | Paris out of the Madrid tournament ATP rankings released – played a teqball match while on the Teqball ONE and Te- officer Khaled Al Hammadi by young gun Stefanos Tsitsipas yesterday: showing high skills and stamina qball SMART tables: teqtennis, said he was pleased for initiat- ovak Djokovic tightened of Greece in the semi-finals. much to the entertained public. teqpong, qatch and teqvolley. ing such partnership with the Nhis grip on the ATP tennis Tsitsipas lost the final to 1. Novak Djokovic (SRB) 12115 pts In his statement, Al Nusuf With these versatile ways of BOC to boost sports movement rankings yesterday following Djokovic but eased two places 2. Rafael Nadal (ESP) 7945 said bringing this type of sport sporting and working-out, in the country. He extended his his win in the Ma- up the rankings to seventh on 3. Roger Federer (SUI) 5770 to the country is in line with the everyone can find the ideal company’s full commitment to drid Open. the strength of his recent show 4. Dominic Thiem (AUT) 4845 (+1) keenness of the BOC, headed by sports activity independent- community programmes, espe- The Serbian of form. 5. Alexander Zverev (GER) 4745 (-1) Supreme Council for Youth and ly of their age, sex and physi- cially those related to the youth world number Dominic Thiem of Austria, 6. Kei Nishikori (JPN) 3860 (+1) Sports First Deputy Chairman cal abilities We are absolutely and sports sector. one widened his winner of the Barcelona Open, 7. Stefanos Tsitsipas (GRE) 3790 (+2) and Bahrain Athletics Associ- convinced that all family mem- Al Hammadi noted the role lead over Span- moved into fourth place after 8. Kevin Anderson (RSA) 3755 (-2) ation president Shaikh Khalid bers would soon discover the of the BOC in developing Bah- iard Rafael his elimination from the Ma- 9. Juan Martin Del Potro (ARG) 3145 bin Hamad Al Khalifa, to in - pleasures of sport on the Te- rain sports, and hoped for this Nadal drid semi-finals. He is one sport (-1) clude different new sports that qball table. cooperation to continue in the who was behind Roger Federer, his quar- 10. Marin Cilic (CRO) 3025 (+1) develops the skills of the Bah- Teqball is a new sports equip- future. dumped ter-final victim in Madrid. Novak Djokovic