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Wednesday, February 28, 2018 Issue No. 7671 200 Fils Tel: 1722 8888 www.newsofbahrain.com www.facebook.com/nobonline newsofbahrain 38444680 nob_bh www.bfc.com.bh

For the record JO3639_Smart_Money_App_Launch_DT_Hamper_6.7cmX8.5cm.inddIran’s ballistic 1 9/26/17 3:39 PM ambitions worrying, says France

PM hails strides P His Majesty King Hamad bin Isa Al-Khalifa with Council of Representatives Speaker Ahmed bin Ibrahim Al-Mulla 02 in tourism at Al-Sakhir Palace. The Speaker and the Shura Chairman yesterday submitted the replies of the two councils DT News Network to the keynote address delivered by HM at the opening of the fourth session of the fourth legislative term. Manama Training course on is Royal Highness Prime Minister Prince HKhalifa bin Salman Al-Khalifa VAT from March 12 inaugurated this evening the Jumeirah Royal Saray Bahrain in the district of Al-Seef. He underlined the steady success in developing the tourism sector, Rail dreams to owing to its potential which plays a crucial role in hospitality industry. He hailed strides in building facilities which, he said, reflect the Kingdom’s perfect environment and potential in the sectors of become reality Govt to build 109-km urban rail transit system by 2024 tourism and hospitality, thus P earning a marked standing on Mohammed Zafran/DTNN improved bus network was the first will be to the airport, diplomatic 03 the regional and international [email protected] phase of our strategic vision of the area, to the north, to the city centre tourism map. public transportation. But we need to and more. What we are looking to RERA to Manama improve on that further, this is why have is a true alternative to the cars. rban train travel will no the Ministry has started looking into The rail transport will make people longer remain a pipedream for alternatives,” said Mariam. actually leave their cars and use the bolster UBahrainis. The country will build “We do not want just buses, public transport instead,” she said. a 109-kilometre rail transit system we need a proper mass transit for “We hope to have the preliminary by 2024, in five phases, according Bahrain. With buses, there are certain designs completed by the second or realty It’s concerning how warm to a senior government official. limitations and it can still contribute third quarter of this year. This is a the Arctic is right now, with “The preliminary designs for the to congestion. The way to encourage very viable project for the private sector record temps and low sea nation-wide rail network will be people to move away from using sector to participate in,” she ice. As @thinkprogress says, ready within the next few months,” their cars and provide them with a added. said Ministry of Transportation way to get places quicker and easier what happens in the Arctic and Telecommunication Land would be bringing on this new mode P 04 doesn’t stay in the Arctic. Transportation and Post Under- of transport,” she said. “We have Secretary Mariam Jumaan. done our studies, we have looked at @algore However, the network would possible alternatives. Our choice is only become operational in 2023 or the light rail system which will be Today’s Weather 2024, she said, adding that it will implemented in four or five phases. be launched in five phases. She was The first phase will be 30 kilometres Max Min speaking during an event organized with 20 stations,” she said. 25°C 16°C as part of 2018 BIPEX Forums at “The the Capital Club. “Our new and connections Representative image 2 Wednesday, February 28, 2018 Court of Appeal upholds verdicts in terror case Manama Ballistic ambitions of he High Criminal Court of Appeal yesterday upheld the death sentence handed to two in a terrorismT case involving eight others. The Court also confirmed the verdict issued by the fourth High Criminal Court on 5 June 2017 sentencing three to life imprisonment and three Iran worrying: France others to ten years in jail, said the Chief of Terror Moscow Security Council, Russia and council member not to “shy away U.N. Nikki Haley told reporters Crime Prosecution, Advocate General Ahmed Al rench Foreign Minister Jean- Bolivia opposed, and China and from calling out those whose during a visit to Honduran capital Hammadi. Yves Le Drian said yesterday Kazakhstan abstained. actions undermine international Tegucigalpa. The Court also sentenced one defendant to seven Fthat Iran’s ballistic missile Britain sought to focus peace and security.” Haley did not specify what years in jail, another to five years and two others ambitions were very worrying and attention on a report in January “This council needs to stand kind of action could be taken. to three years in prison each and acquitted one ran counter to a U.N. resolution by the U.N. panel of experts firm in the face of state non- The Russian veto was a defeat defendant. that sought action against Iran monitoring sanctions against compliance and send a clear for the United States, which has According to case details, they were charged with for violating arms embargo and Iran that examined missile message that it will not be been lobbying for months for murder, attempted murder for a terrorist purpose, failing to prevent missiles and remnants fired into Saudi Arabia tolerated,” he said. Iran to be held accountable at joining a terrorist group, hiding fugitives, plotting a drones from being supplied to by Houthi rebels last year and the United Nations, while at the terrorist attack and possessing explosives. Shiite militia in Yemen. said many “are consistent with US threatens action same time threatening to quit a The fourth High Criminal Court revoked the Le Drian, speaking at a news those of the Iranian designed and Meanwhile, the United States 2015 deal among world powers nationality of nine convicts and ordered seven conference after talks with manufactured Qiam-1 missile.” has threatened unilateral action to curb Iran’s nuclear program if convicts to pay together BD25,416 and BD3,300 in Russian counterpart Sergei It concluded that Iran was in against Iran after Russia vetoed “disastrous flaws” are not fixed. compensation for damaging a police patrol and a Lavrov, said it was necessary “non-compliance” with the 2015 the resolution in the United “Obviously this vote isn’t privately-owned truck, respectively. to avoid the Iranian ballistic U.N. arms embargo on Yemen Nations Security Council. going to make the decision on The incidents leading to the case occurred on programme becoming a factor because it failed “to take the “If Russia is going to continue the nuclear deal. What I can say 16 April 2016 with the Capital Police Directorate that threatened its neighbours. necessary measures” to prevent to cover for Iran then the U.S. is it doesn’t help,” Haley said notifying the Public Prosecution about an arson The statement comes after the direct or indirect supply and our partners need to take in the Security Council. “That attack targeting an on-duty police patrol with Russia on Monday vetoed the of missiles and drones to the action on our own. If we’re not just validated a lot of what we firebombs, leaving the driver dead and two other British-drafted U.N. resolution Houthis. going to get action on the council already thought which is Iran gets policemen wounded. The investigation revealed the against Iran. 11 countries Britain’s deputy U.N. then we have to take our own a pass for its dangerous and illegal involvement of a terrorist group in ambush. favoured the resolution in the ambassador Jonathan Allen urged actions,” U.S. Ambassador to the behaviour.” (Agencies) Wednesday, February 28 , 2018 3 By Invitation

Training course on Sheikha Hala bint Mohammed Al Khalifa February 2018 VAT from March 12 he power of any cultural initiative can be measured by the consistency and strength of its programming. InT the Kingdom of Bahrain, The Spring of Culture Festival marks the peak of our cultural agenda. In 2013, Manama was celebrated as Capital of Arab Tourism, in that year the cultural institution launched an important date, 25th February, marking the birth of the Arab traveler Ibn Battuta. This date was launched to announce The Arab Tourism Day, and since then it has been a date that brings along music and culture from different parts of the world. The opening to the Spring Festival always had a strong note of our culture and heritage. This year we marked the opening of the spring with “The Epic Gilgamesh”, the most celebrated legend from Ancient Mesopotamia that flourished for more than a millennium in Babylonia and Assyria transmitted throughout the Middle East. Dr. Hana Kanoo (left) with MENA Centre for Investment officials at a press conference yesterday Written and composed by Abed Azrié, the show is a story of a friendship which, born out of rivalry. In this DT News Network VAT. Philippines-based training and business owners especially concert elements of traditional music was infused into [email protected] The course is aimed at and governing entity. of SME’s will benefit from the the classical tunes. SMEs and larger companies Overall, TESDA formulates training. With its accounting Mohammed bin Faris, our local celebrated band was Manama for inclusion of VAT in their manpower and skills plans, sets focus, we believe that it would able to join and create another layer of musical depth, o educate businesses and accounting process. About appropriate skills standards also benefit CFOs, Finance and to the amazement of the audiences, when in the individuals about VAT, choosing TESDA certified and tests, coordinates and Directors, Finance Managers, legend, Gilgamesh finds “The Flower of Eternity” men VineyardT Asia Technological Philippines-based Vineyard monitors manpower policies Accountants, Account stood up to dance adding the WOW factor to the College in collaboration with Asia Technological College to and programs. It also provides Managers, and Auditors. For performance. MENA Centre for investment deliver these courses, she said. policy directions and guidelines fresh finance graduates and I believe one of the most important goals in particular and EDB will start a course on “I looked at a range of tax for resource allocation, and those in junior accounting roles, case was to expose our traditional musicians to the VAT from March 12. implementation courses from training institutions in both a VAT certificate as a VAT classical world, and allow them to learn and experience VAT (Value Added Tax) has around the world and was the private and public sectors. compiler or auditor will greatly working within a classical setting under the guidance of begun implementation in the looking for some Reputable The high standards of TESDA enhance career development a renowned musician like Abed Azrie. GCC, and according to plans training institute when I was certainly one of the criteria and employability,” she We are welcoming the spring with this diverse will be in place by the end of came upon Vineyard Asia in choosing Vineyard,” she said. festival, which brings together so many institutions the year in Bahrain. Technological College. We said. Courses will start on like BACA, EDB, Sheikh Ebrahim bin Mohammed Al The MENA Centre for needed a relatively short course “Since VAT is so new to March 12 and registration is Khalifa Center for Culture & Research, local galleries Investment and the Bahrain yet one that offered in-depth Bahrain and the GCC we hope already underway. Vineyar & creative hubs in the country offering a wide selection EDB tasked economist Dr training. And Vineyard Asia that everyone throughout the Technological College under of cultural events. Music, art, workshops, and talks all Hana Kanoo, with sourcing met all our criteria,” she said. management chain will find the aegis of EDB and MENA come together allowing locals and visitors to learn and and putting in place a highly “TESDA, The Technical the course useful. In fact, we will set up an information be entertained. focused, intensive training Education and Skills recommend that all those in and registration booth at City “Spring of Culture” in its 13th edition has now programme for implementing Development Authority is a management, entrepreneurs Center. become a celebrated annual festival enriching our beautiful country’s cultural agenda. This year notes of the east and the heritage of Islamic culture is a reoccurring topic within the festival, especially with Draw for 4800 housing units underway events hosted by Bahrain Authority for Culture and Antiquities. DT News Network There was a conscious decision to stay within the Manama theme of reflecting “Muharraq Capital of Islamic ollowing the order of His Culture – 2018”. Sufi dervishes, Arab poetry with Royal Highness Prince melodies of Karima Skalli a renowned Moroccan artist, FSalman bin Hamad Al Khalifa, coming together in an artist declaration that affirms the the Crown Prince, Deputy link between the two nations and playing the main role Supreme Commander and in an ongoing cultural exchange. First Deputy Prime Minister, Palestine has a very strong presence in our program, to distribute 4,800 housing as Jerusalem is the Permeant Capital of Islamic Culture. units to beneficiaries across Arab Music Ensemble presents a selection of patriotic the Kingdom, the Housing and classical songs that embody the beauty of Arab Ministry has announced that Cultural & Heritage. Also, a one women theater play, the electronic draw on the underlining the topic “Diaspora”, and the right to housing units of the Northern return. Raeda Taha will be performing her unique play City’s islands 13 and 14 is 36 Abbas Street - Haifa to our audiences. Both these under way, and will continue events will take place at the Cultural Hall. until the end of next month. The electronic draw for housing units of the Northern City’s islands 13 and 14 is under way I am particularly looking forward to an upcoming The move is the outcome exhibition at the Art Center that holds Palestine at its of the remarkable progress implemented by the private possible. last year. heart, celebrating the legacy left behind by Naji Al Ali, achieved in the implementation sector. The Housing Ministry said The Housing Ministry presenting topics on Palestine occupation in a series of of the Northern City regarding The Housing Ministry that “Northern City” is among added that the new units in the cartoons that were produced since his early career and construction works and praised the key role played the largest strategic projects Northern City are surrounded until his assassination in 1987. This exhibition will be infrastructure related to by the relevant ministries and it is currently implementing by waterfronts, and enjoy all a piece of a historical overview of the region, through housing units currently being government departments to within the 25,000-unit required facilities, including pen and words only, Al Ali managed to stay alive in the built by the Ministry, and expedite the implementation programme included in the public beaches, pedestrian hearts of the people in the world. funded from the state budget of such projects to ensure Government Action Plan, crossings, bicycle lanes, bus and the GCC Development that the new housing units stressing that thousands of stops, power stations, sewage (The views and opinions expressed in this article are those of the author and Programme, in addition are handed over to the units have been distributed to treatment plant, as well as do not necessarily reflect the policy or position of this newspaper.) to the housing projects beneficiaries as soon as eligible citizens this year and major services. 4 Wednesday, February 28, 2018 RERA to bolster realty sector,

says CEO ShaikhManama Mohammedreal estate professionals in efficiency of the real estate eal Estate Regulatory the Kingdom should obtain sector is our primary focus, Authority (RERA), which a license from RERA by 31 and we are confident that by willR be responsible for licensing August 2018 to avoid penalties, safeguarding the interests of all real estate professionals as during a press conference held consumers, investors, brokers, well as developments in the here yesterday. developers and all stakeholders Kingdom, will commence its Shaikh Mohammed told in the market, RERA will make operations starting 1 March the press conference that by an important contribution to 2018, it was announced. strengthening the regulatory Bahrain’s economic growth and The authority, according framework governing the increase foreign investment,” to HH Shaikh Mohammed real estate sector, Law No. Shaikh Mohammed stressed. bin Khalifa Al Khalifa, CEO (27) will serve to identify and RERA will be responsible for of RERA, will initially focus prohibit unlicensed real estate licensing developers, brokers on the licensing of real estate enterprises. and sales agents, as well as service providers and off-plan “RERA is committed all developments including sale projects. to building a stronger real advertising of off-plan projects. He also made clear that all estate market. Enhancing the Wider obligations and requirements, in particular, those relating to the escrow account, were also highlighted. “Part of the Authority’s role will be to provide best-in-class training and development programmes for real estate service providers, increasing professional standards within the sector to the benefit of all stakeholders,” he added. He also revealed that RERA is in the process of implementing international best practices in the field of real estate development while ensuring alignment with the local market. He noted that RERA’s board of directors, which comprises a carefully selected group of experts, will maximise coordination between the public and private sectors while accounting for the unique challenges of the domestic real estate market. “The board is committed to supporting Bahrain’s objective of becoming a leading real estate investment destination, both regionally and internationally,” he stressed. In this regard, he highlighted the support provided by RERA’s board of directors, headed by its Chairman and the President of the Survey & Land Registration Bureau (SLRB), Shaikh Salman bin Abdullah Al Khalifa, to the company’s executive management. For more information log on to www.rera.gov.bh.

All real estate professionals must obtain a license from RERA by 31 August 2018 in order to avoid being subject to penalties Wednesday, February 28, 2018 5

STATEMENT OF FINANCIAL POSITION STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (In thousands of Bahraini Dinars) As at 31 December 2017 For the year ended 31 December 2017 (In thousands of Bahraini Dinars) Audited Audited Audited Audited 31 December 31 December 31 December 31 December 2017 2016 2017 2016 BD’000 BD’000 BD’000 BD’000 ASSETS Bahrain-Swiss Cash and balances with the Interest income 7,303 6,464 Central Bank of Bahrain 5,498 10,591 Interest expense (3,414) (2,454) Due from financial institutions 5,491 376 Net interest income 3,889 4,010 Due from other entities of the Head Office 2,092 10,521 Available-for-sale investment securities 48,557 44,882 Fee and commission income 592 606 Held-to-maturity securities 11,388 8,876 Gain on foreign exchange 188 207 Loans and advances to banks 1,905 2,016 Other operating income 370 169 consultation Loans and advances to customers 87,213 72,729 Net operating income 5,039 4,992 Property and equipment’s 245 255 Other assets 1,713 1,508 Staff expenses 1,192 1,208 Total Assets 164,102 151,754 Premises expenses 271 269 Other operating expenses 866 812 LIABILITIES AND HEAD OFFICE FUNDS LIABILITIES Total operating expenses 2,329 2,289 Customer deposits 119,796 114,545 meeting held Due to financial institutions 22,644 20,000 Profit before provisions for impairment 2,710 2,703 Due to other entities of the Head Office 2,642 16 Reversal / (Provision) of impairment Other liabilities 2,257 2,329 on loans and advances – net 1 (4)

Total Liabilities 147,339 136,890 Profit for the year 2,711 2,699 Head office funds Other comprehensive income Capital contribution 2,300 2,300 Items that are or may be reclassified Unremitted profit due to Head Office 12,518 10,725 in subsequent periods to profit or loss: Fair value reserve 1,945 1,839 Net change in fair value of available-for-sale investments 334 2,036 Total head office funds 16,763 14,864 Transfer to profit or loss on disposal (228) - Total liabilities and head office funds 164,102 151,754 Total comprehensive income for the year 2,817 4,735

STATEMENT OF CASH FLOWS For the year ended 31 December 2017 (In thousands of Bahraini Dinars) 2017 2016 CASH FLOW FROM OPERATING ACTIVITIES The third Bahrain-Swiss consultative meeting held in Bern bolstered bilateral relationship Profit for the year 2,711 2,699 between both the countries Adjustment for: Depreciation 90 76 Gain on disposal of investments (243) - Dividend income (24) (19) DT News Network the importance of activating the Reversal / Provision for impairment of loans and advances (1) 4 Bern memorandums of cooperation Accretion of discount on investments 236 198 delegation headed by The delegation and agreements signed during Profit before changes in operating assets and liabilities 2,769 2,958 the Undersecretary for was led by the visit of His Majesty King Working capital adjustments: AInternational Affairs at the Hamad bin Isa Al Khalifa to Balance with central bank (mandatory reserve) (152) 700 Due from other entities of the Head Office (1,885) 3,770 Ministry of Foreign Affairs, Undersecretary Switzerland in May 2016. Loans and advances to banks 111 13,139 Dr. Shaikh Abdulla bin Ahmed for International A visit that helped promote Loans and advances to customers (14,484) (17,247) Al Khalifa, has held a political the bilateral relations and Other assets (210) (249) Affairs Dr. Customer deposits 5,250 23,927 consultation meeting with common interests of the two Due to financial institutions 2,644 (790) the Swiss Confederation, at Shaikh Abdulla countries, a key point in these Due to other entities of the Head Office 2,626 (7,553) Other liabilities (72) (1,187) the Federal Palace in Bern. bin Ahmed Al growing relations, during two The third such meeting Memorandums of Cooperation, Net cash (used in) / generated from operating activities (3,403) 17,468 was held in the presence of Khalifa one protection of prisoners Cash flow from investing activities Proceeds from disposal of investments 4,102 90 Ambassador of Bahrain to and detainees’ Rights and the Purchase of investments (10,171) (4,520) the Republic of France and other on women advancement Dividend received 24 19 the Swiss Confederation, Dr. Ambassador of Switzerland and enhancement of women’s Purchase of property , equipment and software’s (78) (104) Mohammed Abdul Ghaffar, to the United Arab Emirates, rights were signed between Net cash used in investing activities (6,123) (4,515) Cash flow from financing activities and Director of European Maya Tissafi. both countries. Dr. Shaikh Profit remitted (918) (2,394) Affairs and European Union, During the meeting, Dr. Abdulla touched upon the Net cash used in financing activity (918) (2,394) Shaikha Aysha bint Ahmed Al Shaikh Abdulla bin Ahmed Al diverse attractive investment (Decrease) / Increase in cash and cash equivalents during the year (10,444) 10,559 Khalifa. Khalifa reviewed the relations opportunities in the Kingdom Cash and cash equivalents at beginning of the year 18,734 8,175 The Swiss side was chaired by of friendship and cooperation which is a regional centre for Cash and cash equivalent at the end of the year 8,290 18,734 the Assistant Secretary of State between the Kingdom and the finance and entrepreneurship for Foreign Affairs, Wolfgang Swiss Confederation and ways and a main gate for trade in STATEMENT OF CHANGES IN HEAD OFFICE FUNDS Amadeus Bruelhart, Deputy to promote them at all levels to the region. He highlighted For the year ended 31 December 2017 (In thousands of Bahraini Dinars) Director of the Middle East benefit the interests of the two the efforts to implement the 2017 Capital Unremitted Fair value Total and North Africa Directorate, friendly countries. sustainable development contribution profit reserve Thomas Stahel, and the The Undersecretary stressed programmes. Comprehensive income BD’000 BD’000 BD’000 BD’000 As at 1 January 2017 2,300 10,725 1,839 14,864

Profit for the year - 2,711 - 2,711 Other comprehensive income Forum held on challenges Net change in fair value of available-for-sale investments - - 334 334 Transfer to profit or loss on disposal - - (228) (228) Total other comprehensive income - - 106 106 in entering foreign markets Total comprehensive income for the year - 2,711 106 2,817 DT News Network of exporting Bahraini products exports, and the efforts of the Transfers to head office - (918) - (918) [email protected] and services to international Ministry of Industry, Trade and At 31 December 2017 2,300 12,518 1,945 16,763 markets” aimed at equipping Tourism in cooperation with 2016 Capital Unremitted fair value Total Manama local entrepreneurs to export the Economic Development contribution profit reserve nder the patronage their gooods and services to Board, Bahrain Chamber of Comprehensive income BD’000 BD’000 BD’000 BD’000 of Zayed bin Rashid the foreign market and help Commerce and Industry and As at 1 January 2016 2,300 10,420 (197) 12,523 U Alzayani, the Minister of them grow. other stakeholders. Profit for the year - 2,699 - 2,699 Industry, Commerce and A number of experts, Dr Atef Al-Shabrawi Other comprehensive income Tourism, the 5th Alwane entrepreneurs and businessmen addressed the audience on Net change in fair value of available-for-sale investments - - 2,036 2,036 Regional Forum was held discussed the issue of exporting the globalization of small Transfer to profit or loss on disposal - - - - yesterday in cooperation with Bahraini products and services businesses following from Total other comprehensive income - - 2,036 2,036 Total comprehensive income for the year - 2,699 2,036 4,735 the Bahrain SME Development to international markets at the Kuwait. Basma Al-Sultan Transfers to head office - (2,394) - (2,394) to discuss opportunities and Sheraton Hotel. spoke on the Gulf experiences challenges in entering foreign This Fifth Forum in granting franchises. From At 31 December 2016 2,300 10,725 1,839 14,864 markets. The event that was emphasised on the government the Sultanate of Oman, Amna held under the banner of programmes that aim at Al-Awadi spoke on promoting “Entering foreign markets, diversifying the national exports through foreign Audited by KPMG Fakhro opportunities and challenges economy and developing exhibitions. 6 Wednesday, February 28, 2018 VAT for beginners- Part 4 Preparing for Value By Gaurav Khurana Dhruva Advisors – Bahrain Ph: +973 34423043 Added Tax in Bahrain Email: [email protected] What is the difference between Exempt What is Reverse Charge VAT? and Zero-rated products/services? In which cases does it apply? Zero-Rated Supplies: Exempt Supplies: • VAT is normally paid to the Government / Tax authority by • Zero-rated supplies are • In an exempt supply, the Seller. Seller collects this tax from the Buyer treated as taxable supplies NO VAT is chargeable or • In exceptional cases, it is the Buyer and not the Seller who is but charged VAT (output payable but, unlike zero- VAT) @ 0%. rated supplies, related tax required to pay VAT • When a transaction is input is not recoverable. • These cases are called Reverse Charge transactions and these zero-rated, this means that • Hence the cost of the Input VAT credit (on eligi- exempt supplies gets are reported as taxable purchases by the Buyer in its VAT return ble goods or services bought increased due to non • Generally, Reverse Charge is applicable on the import of by that business) will be recoverable Input VAT available as input credit or as paid on purchases from goods and services. In certain countries certain domestic transac- refund. different type of vendor tions are also subjected to Reverse charge VAT. Note: • Where a business makes both taxable supplies and exempt supplies, then • In the KSA and UAE, the Reverse Charge mechanism is appli- the said business will not be able to recover all its input tax (i.e. those relatable to cable on imported goods and services from outside the respective exempt supplies). • The GCC VAT Agreement suggests that member states can decide granting country. exemption or zero rated status for certain key sectors such as education, health- care, real estate, oil and gas. How are exports and imports of Goods taxed in VAT?

(This is part 4 of a multi- part series presented by award- winning VAT Experts Dhruva Advisors – Bahrain. Part 5 of the series will be published • The guiding principle of VAT system of taxation is – Destination based tax (in most of the cases) • This principle is applied on Export and Import of goods on Sunday) • In the above diagram, there are 2 scenarios: A and B ***This series is only • In scenario A, Entity X is exporting supplies from Bahrain to Entity Y (outside of Bahrain). In such a case: for educational pur- − export by Entity X will be treated as non-liable to VAT in Bahrain poses. To receive − at the same time, import of the supplies will attract Import VAT (Reverse Charge VAT) and payable by Entity Y in the destination country. advice for a specific business scenario, • In Scenario B, Entity X is importing supplies in Bahrain from Entity Y. The tax implication is reverse: please consult a tax − No VAT payable by Entity Y in origin country expert. − Import VAT (Reverse charge VAT) payable by Entity X in Bahrain (destination country)

(for the above example, it has been assumed that VAT is applicable in Bahrain). Wedensday, February 28, 2018 7 Saudi reshuffles Batelco backs military, promotes FinTech Bay woman at ministry

Saudi Arabia’s King Salman bin Abdulaziz Al Saud gestures as he attends Janadriyah Festival on the northern outskirts of Riyadh Riyadh European companies have long been audi Arabia has replaced some of a source of corruption and Prince its top military officers in a series Mohammed has said in a television Sof personnel changes that elevate interview that it is “unacceptable” a younger generation and bring a that high military spending woman into a senior government has not translated into better job. performance. In a reshuffle announced late on A source familiar with the defence Monday, the military chief of staff, ministry restructuring plan told air defence and land forces heads Reuters it was aimed at reducing From left to right, Batelco Bahrain CEO Mohamed Bubashait, Batelco Chief Marketing Officer Abderrahmane Mounir and senior defence and interior inefficiency and corruption. and Batelco Head of Corporate Communications & Marketing Shaikh Bader Al Khalifa ministry officials were removed. Khalid Biyari, appointed aide to Manama the region. Tamadur bint Youssef al-Ramah the defence minister, left his post as atelco yesterday announced its For accelerating “Batelco has been making inroads became deputy labour minister, a chief executive of Saudi Telecom. Bbacking to Bahrain FinTech Bay into the world of FinTech technology rare high-level job for a woman in The decrees also included (BFB) by joining it as a founding FinTech ecosystem in with the recent introduction of its new the kingdom. the appointment of three deputy partner. the Kingdom FinTech product, bWallet, launched The latest personnel changes governors from among the Batelco joins other leading in collaboration with Arab Financial were decreed by King Salman and descendants of Princes Ahmed, companies including Bahrain Services.” published in state media. Talal and Muqrin - brothers of King Economic Development Board who investors and innovators. “We are committed to ensuring The new military chief of staff was Salman. are onboard to drive the acceleration Batelco Bahrain CEO Mohamed the best in class digital and FinTech named as First Lieutenant Fayyad One of them, new deputy governor of the FinTech ecosystem in Bahrain Bubashait, who attended the launch of solutions for Bahrain’s consumers and bin Hamed al-Ruwayli. of Asir province, Prince Turki bin and the Middle East. Bahrain FinTech Bay and will represent businesses and this move is another The decrees included adopting Talal, is the brother of billionaire Bahrain FinTech Bay’s objectives Batelco on its Board, said that Batelco step in the journey towards meeting a new strategy to restructure the Prince Alwaleed bin Talal, who was are to foster synergies among market is delighted to be among the founding the Kingdom’s 2030 vision which defence ministry for improved detained in the government’s anti- players, including government bodies, partners of the new company which is is high on our agenda,” Bubashait organisation and governance. corruption campaign and released financial institutions, corporates, the largest dedicated FinTech hub in commented. Defence contracts with U.S. and only last month. (Reuters)

Gulf Hotel Bahrain has announced bringing from Birmingham, the home city of reggae giants UB40, Rats In The Sherlock Kitchen! The world’s number 1 UB40 Tribute Show is currently touring the UK, Ireland, Europe and recently India. Holmes The UB40 Rats: • Box vocals -guitar presents • Longdraw vocals-guitar • KP sax – ewi – backing vocals • Freekie Cheesecake tenor trombone – vocals UB40, • Liam sound engineer • Bill session bass player • Horatio Hawkins trumpet – fluegelhorn Rats • Two Hands Jones bass guitar • Joey Evans keyboards In The • Dynamo Dan drums 1st March - 9pm Tickets Kitchen : BD 5 - Advance BD 7 - On the night Live in Bahrain 2nd March - 12:30pm to 4pm Tickets Coming to Bahrain this 1st and 2nd of March, the UB40, Rats In the Kitchen is a fully live, : BD 20 - Advance BD 25 - On the night tribute eight piece band, formed in 1998, performing pulsating reggae hits now spanning more than 25 years! Featuring early hits such as ‘King’, ‘Food For Thought’ and ‘Red Red Wine’ Traditional Pub Brunch Party through to some of UB40’s most recent work combined with some foot stomping 80’s Ska. : This exclusive Brunch is first come first serve! band For further information call: 36551222 or 17 713000 8 BUSINESS Wednesday, February 28, 2018 Sanctions are not an end in themselves and Comcast challenges Murdoch UK banks to help pay off card debts not meant to bring down North Korea but to London London make it understand that its future lies not in nuclear weapons but in working with the global S cable giant Comcast offered to buy Sky for $31 billion in ritain’s Financial Conduct Authority ordered banks on community towards denuclearlisation. Our an unsolicited approach, taking on Rupert Murdoch’s Fox Tuesday to take steps to help people with persistent consistent message should be that it must andU Bob Iger’s Walt Disney in the Bcredit card debt to keep up with make the right decision. And if it does, we are ready to work battle for Europe’s biggest pay-TV repayments. The new rules will, together towards a brighter group. The company, which owns however, will still allow banks to and prosperous future for NBC and Universal Pictures said it suspend a credit card if a customer North Korea,” proposed to offer 12.50 pounds per fails to make any progress in share, significantly higher than the repaying debts. The changes are -Kang Kyung-Wha, 10.75 pounds Fox had agreed to pay based on a study of 34m credit card for the British company. customers. South Korea’s Foreign Minister UAE to open Arab world’s first nuclear power plant ASRY completes landing platform

Manamafor LNGfor ASRY,” commented terminal we move forward.” replace costly built sections. SRY has completed ASRY CEO Andrew Shaw at “Winning this contract The success of the project the construction of a the load-out of the structure. against other fabrication has opened up negotiations Aboat landing platform to “Firstly it is very gratifying yards, not shipyards, for the shipyard to assist in be commissioned by Six to have ASRY contribute is an encouraging sign further projects relating to Construct that will form part to a nationally significant for our fabrication the LNG terminal. of the ongoing new LNG initiative such as the Bahrain workmanship,” added ASRY ASRY also recently terminal under development LNG Terminal, which will be New Construction and completed a subsea section in Bahrain. an important step forward Engineering Senior Manager of a new wellhead platform The platform was in the country’s energy Sauvir Sarkar. The landing for Schlumberger and Bapco, indigenously built and fully strategy. And secondly, this platform was completed on in an ongoing drive to fabricated within ASRY. represents another successful schedule in 90 days and on leverage the yards experience “Completing projects such project for ASRY in the budget, with all components and facilities, which are well- as this landing platform fabrication sector, which will being fully fabricated within suited to the fabrication signifies two sources of pride be a growth area for ASRY as ASRY, and designed to sector.

SABIC in talks to join Iraq’s Nebras project Berlin an advisor to Iraqi Prime between Saudi Arabia and Iraq and agriculture ministeries. audi Basic Industries Minister Haider al-Abadi said on the project are advanced SABIC was planning to Corp (SABIC), the world’s yesterday. and at the ministerial open an office in Iraq late Sfourth-biggest petrochemicals Kadhim Mohammed Jawad level. last year. The Nebras project company, is in talks to Hassan said on the sidelines He said SABIC would enter is still in the pre-FEED (front become a partner in Iraq’s of CWC’s Iraq Petroleum as a fourth partner with Royal end engineering design) stage. Nebras petrochemical project, Conference in Berlin that talks Dutch Shell, and the Iraqi oil (Reuters) Wednesday, February 28, 2018 BUSINESS 9 Towards a connected world Huawei unveils 5G, all-Cloud network, video, and IoT at MWC Barcelona and deployment at MWC. uawei announced it will Huawei is an active player launch over 20 new in the 5G Slicing Alliance, a Hproducts at the ‘Mobile World new industry organisation Congress (MWC) 2018’ in announced at MWC to propel Barcelona, which includes the industry forward. technologies and solutions for “5G standards and 5G, All-Cloud network, video technologies are maturing. As and IoT. market demand continues to “We are exploring the grow, Huawei plans to launch industry ourselves, and a full range of end-to-end 5G we have over 300 carriers products, including customer and partners with us here, premise equipment, to help showing our cutting-edge carriers get a head start on technologies and services in 5G. Huawei will continue to action, including 5G, video, develop new technologies and and IoT,” said Huawei work with industry partners Rotating CEO Ken Hu. to develop a 5G ecosystem. In a statement released, The ultimate goal is to build the company said it will a fully connected, intelligent showcase the results of its world,” added Ken Hu. work with over 300 partners, MWC runs from Feb 26 host five forums, and share its to March 1 in Barcelona, experience and ideas with the Spain. Huawei is showcasing industry. The aim is to jointly its products and solutions at embark on the ROADS to a booth 1J50 in Fira Gran Via fully-connected, intelligent Hall 1, booth 3130 in Hall 3, world. and the Innovation City zone Huawei also said it will in Hall 4. For more info, visit report its progress with leading http://carrier.huawei.com/en/ Huawei booth in MWC 2018 global carriers on 5G testing events/mwc2018.

Retail Branch - Kingdom of Bahrain

STATEMENT OF FINANCIAL POSITION STATEMENT OF COMPREHENSIVE INCOME STATEMENT OF CASH FLOWS As at 31 December 2017 For the year ended 31 December 2017 For the year ended 31 December 2017 2017 2016 BD ‘000 BD ‘000 2017 2016 2017 2016 Interest income 2,233 2,257 BD ‘000 BD ‘000 BD ‘000 BD ‘000 Interest expense (809) (693) OPERATING ACTIVITIES Net interest income 1,424 1,564 ASSETS Profit for the year 332 467 Other income 592 570 Adjustments: Cash and balances with the Net operating income 2,016 2,134 Depreciation (32) 32 Central Bank of Bahrain 16,158 10,979 Impairment of credit losses 392 458 Placements and balances with banks 12,993 12,190 Staff expenses (785) (716) Gain on sale of investments Investments 6,613 10,319 Rent and utilities (162) (155) (93) Loans and advances 28,410 21,662 Depreciation (32) (32) Accretion of premium 136 78 Other assets 260 1,154 Other operating expenses (313) (306) Equipment 63 48 735 1,035 Total expenses (1,292) (1,209) Changes in operating assets and liabilities: TOTAL ASSETS 57,734 63,115 Profit for the year before recoveries 724 925 Impairment of credit losses (392) (458) Mandatory reserve with the CBB 26 (160) LIABILITIES AND HEAD OFFICE FUNDS PROFIT FOR THE YEAR 332 467 Loans and advances 6,356 (384) Other assets 894 (705) LIABILITIES Other comprehensive income: Deposit from other offices of the Bank 9 2,302 Other comprehensive loss to be reclassified to Deposits from customers (3,093) 10,575 Deposits from customers 47,248 50,341 profit or loss in subsequent periods: Deposits from other offices of the Bank (2,293) (1,166) Other liabilities 848 783 Gain on sale of available for sale investments recycled to profit and loss (93) - Other liabilities 65 191 Placements with original maturity 48,105 53,426 Fair value reserves (available-for-sale investment): 78 15 of more than ninety days 2,262 - Net changes in fair value during the year (15) 15 HEAD OFFICE FUNDS Capital 2,000 2,000 TOTAL COMPREHENSIVE INCOME FOR THE YEAR 317 482 Net cash generated from operating activities 4,952 9,386 Reserve 1,500 1,500 Unremitted profit due to Head Office 6,129 6,174 Fair value reserve for Available STATEMENT OF CHANGES IN HEAD OFFICE FUNDS INVESTING ACTIVITIES for sale investments - 15 For the year ended 31 December 2017 Available Unremitted Purchase of investments (7,525) (9,588) 9,629 9,689 for sale profit due to Proceeds from realisation of investments 11,173 - Capital Reserve reserve Head Office Total Purchase of equipment 47 (16) TOTAL LIABILITIES AND BD ‘000 BD ‘000 BD ‘000 BD ‘000 BD ‘000 HEAD OFFICE FUNDS 57,734 63,115 At 1 January 2017 2,000 1,500 15 6,174 9,689 Net cash generated from / (used in) investing activities 3,695 (9,604) Net profit for the year - - - 332 332

Other comprehensive FINANCING ACTIVITY income for the year - - (15) - (15) Profit remitted to Head Office (377) (377)

Profit remitted to Head Office - - - (377) (377)

At 31 December 2017 2,000 1,500 - 6,129 9,629 Net cash used in financing activity (377) (377) The above figures have been extracted from the Financial NET INCREASE / (DECEREASED IN) CASH At 1 January 2016 2,000 1,500 - 6,084 9,584 Statements audited by PricewaterhouseCoopers AND CASH EQUIVALENTS 8,270 (595)

ME Limited, Kingdom of Bahrain, who expressed an Net profit for the year - - - 467 467 Cash and cash equivalents at 1 January 9,889 10,484 unqualified opinion on 27 February 2018. Other comprehensive income for the year - - 15 - 15 CASH AND CASH EQUIVALENTS Profit remitted to Head Office - - - (377) (377) AT 31 DECEMBER 18,159 9,889

At 31 December 2016 2,000 1,500 15 6,174 9,689 10 BUSINESS Wednesday, February 28, 2018 Gulf markets mostly weak,

Egypt Representative picture (Courtesy of The Middle East Magazine COUNTRY/CURRENCIES BUY SELL Closing Bell Online) AUSTRALIA 0.3025 0.3001 BANGLADESH 0.00472 0.00453 rises SAUDI edged down 0.1pc to 7,465 points. CANADA 0.3032 0.3000 Dubai GFH Financial retreated 2.7pc DENMARK 0.0655 DUBAI fell 0.6pc to 3,286 points. EGYPT 0.0237 0.0219 ajor Gulf stock markets and Shuaa Capital sank 3.6pc. EURO 0.4714 0.4689 Mwere mostly weak ABU DHABI edged up 0.1pc to 4,599 points. The stocks had risen HONGKONG 0.04967 0.04927 yesterday but Vodafone Qatar sharply on Monday after the INDIA 0.00599 0.00585 jumped by its 10 per cent daily QATAR dropped 0.7pc to 8,930 points. chief executive of Abu Dhabi INDONESIA 0.00003016 0.00002825 limit in response to a stream Financial Group (ADFG), IRAN TUMAN 0.00010959 of positive news from the EGYPT rose 0.5pc to 15,523 points. Jassim Alseddiqi, was elected IRAQI DINAR 0.000317 company. chairman of GFH, raising JAPAN 0.00368 0.003610 By far the most heavily traded KUWAIT gained 0.2pc to 6,770 points. hopes for closer cooperation JORDAN 0.5359 0.5351 stock in its market, Vodafone between GFH and ADFG. KOREA 0.00040276 Qatar said its nine-month net BAHRAIN fell 0.4pc to 1,366 points. GFH held inconclusive KUWAIT 1.263 1.263 loss narrowed 32pc and that merger talks with Shuaa last MALAYSIA 0.0989 0.0987 OMAN added 0.2pc to 4,993 points. NEW ZEALAND 0.2787 0.2787 its telecommunications licence year but Shuaa is an affiliate of NORWAY 0.0503 had been extended by 40 ADFG, so Alseddiqi’s election NEPAL 0.00395 0.00364 years, which would cut annual after reporting a 34pc slide retroactively. also fuelled speculation that the OMAN 0.98168 0.98301 amortisation costs sharply. in annual net profit. Qatar But National talks could be revived. PAKISTAN 0.00354 0.00342 The company also said it Electricity and Water tumbled Industrialisation Co (Tasnee) However, Alseddiqi told Al PHILIPPINES 0.00752 0.00726 planned to reduce its share 5.0pc as it went ex-dividend. jumped 9.9pc in its biggest Arabiya television on Monday QATAR 0.10381 0.10404 capital by roughly half, while Real estate firm Ezdan fell volume since May 2016, after that after last year’s talks failed SAUDI ARABIA 0.1006 0.10066 Vodafone will sell its stake in 2.0pc as credit rating agency reporting that annual net profit to produce a result, GFH was SINGAPORE 0.2910 0.2890 the firm to Qatar Foundation, Standard & Poor’s cut its rating soared to 716.2 million riyals currently looking at other SOUTH AFRICA 0.03390 0.03380 whose direct and indirect stake of the company to BB-minus ($195.1m) from 101.4m riyals. acquisitions. SRI LANKA 0.00277 0.00244 in Vodafone Qatar will rise to with a stable outlook from BB It also said one of its units In Egypt, the index rose SWEDISH 0.0494 50pc from 27.05pc. with a negative outlook. had signed a memorandum of 0.5pc. Egyptian Iron & Steel SWITZERLAND 0.4101 0.4071 The Vodafone brand will Saudi Arabia’s index edged understanding to explore the climbed 3.3pc after predicting SYRIA 0.001740 0.0017 remain in Qatar as part of a down 0.1pc as 10 of 12 banking potential of establishing an a net loss of 116.1 million TAIWAN 0.013600 partnership agreement that stocks declined. It was the third aircraft precision machining Egyptian pounds for its 2018- THAILAND 0.012210 0.012220 TURKEY 0.1047 will run for an initial term of straight day that the sector facility in Saudi Arabia - a 2019 fiscal year; in the first half UNITED KINGDOM 0.5345 0.5316 five years. The Qatari stock fell, partly because of concern strategic project that is expected of the current year, it posted UNITED ARAB EMIRATES 0.102850 0.102870 index dropped 0.7pc, however, about authorities’ decision to to receive government backing. a net loss of 231.3m pounds. UNITED STATES OF AMERICA 0.37790 0.37800 as Qatar Navigation fell 1.6pc levy more Islamic tax on banks Dubai’s index fell 0.6pc as (Reuters) YUAN 0.056800 0.056800 Rates are for indication purpose only. For firm rates or for currencies not listed above please call Bahrain Financing Company. Telephone: 17228888, Website: www.bfc.com.bh Diesel cars can be banned, says court Leipzig ordered the German cities of erman cities can ban the Stuttgart and Duesseldorf to most heavily polluting amend their anti-pollution Gdiesel cars from their streets, a plans, saying that city court ruled yesterday, a move bans can be implemented COUNTRY 1 US DLR 1 UK STG 1 SFR 100 YEN likely to be mirrored in other even without nationwide parts of Europe. rules. BAHRAIN 0.3770 0.5738 0.4037 0.3545 The ban in the birthplace of The court said that Stuttgart KUWAIT 0.2855 30.3658 0.3057 0.2684 the modern automobile is a new - the birthplace of the blow for automakers, and an combustion engine and home OMAN 0.3849 0.3594 0.4122 0.3619 embarrassment for Chancellor Cars are pictured near Germany’s fed- of Mercedes-maker Daimler QATAR 3.6420 3.4009 3.9002 3.4242 Angela Merkel’s government, eral administrative court in Leipzig - should consider gradually UAE 3.6730 3.4298 3.9334 3.4534 which has come under fire for imposing a year-round ban for its close ties to the car industry, ruling did not affect all drivers with regions and municipalities all older diesel models, as well SAUDI 3.7500 3.5018 4.0158 3.5258 and had lobbied against a ban. in Germany, but said the how to proceed. as some even older gasoline Merkel noted that the government would discuss The court on Tuesday models. (Reuters) Gene helps grow blood Eating carbs not linked 11 vessels to risk for PMS new gene that helps grow he amount of foods containing blood vessels when it senses sugars or other carbohydrates Ainadequate blood flow to tissues thatT a woman eats has nothing to has been identified, an advance do with the likelihood she will that can help improve treatments start experiencing premenstrual for heart diseases and stroke. STEEL syndrome (PMS). “While there (for spliced-transcript endothelial- are dietary recommendations enriched lncRNA), was one of the to alleviate symptoms, such as genes in a newly described group increasing complex carbohydrates of genes called long non-coding or to reduce sugar intake, there RNAs, or lncRNAs that was found has been very little research done to sense inadequate blood flow in on risk factors for developing Wednesday, February 28, 2018 microscopic blood vessels. (IANS) PMS,” a researcher said. (Reuters) Common Thyroid Problems in Bahrain he Thyroid is the most or lumps within the thyroid may be delayed. In some Overactive Thyroid Gland example, the pulse rate is rapid or are examined for other common endocrine which are worrisome for the people, the thyroid gland may (Hyperthyroidism) (over 100), bowel function is conditions. disorderT in Bahrain and it presence of thyroid cancer. be enlarged. The clinical names for an increased (diarrhoea), and the However, physical is diagnosed late in many When the thyroid produces Thyroid hormone is overactive thyroid gland are: sweat glands work excessively. examination alone cannot cases. No specific survey or a too much hormone, the important for women to get hyperthyroidism (excess of The nervous system is also suffice to distinguish between study to estimate the disease body uses energy faster than pregnant, as well is important thyroid) but Graves’ disease stimulated so that the patient benign and malignant but it is roughly more than it should. This condition is for the fetus development is the commonest form of the becomes irritable and nervous. nodules. One of the most 10% of adults and it’s more called hyperthyroidism. When especially in the first 3 months. disease. It may run in families Other common symptoms important tests for nodules in females. Most adults are the thyroid doesn’t produce Pregnancy is perfectly safe and can occur at any age. It include muscle weakness, is the ultrasound, which now more aware of it from enough hormones, the body in women who are on stable is seen in women eight times hand tremors, weight determines size, shape, and their family members with the uses energy slower than thyroid hormone replacement. more often than men. loss, sleep disturbances, solidity. The next step is disease or reading about it. it should. This condition is However, regular medical Symptoms do not generally enlarged thyroid gland, and to carry out a fine needle The thyroid is a gland, called hypothyroidism. checks during pregnancy come all at once. The infrequent scant menstrual biopsy of the thyroid nodule. shaped like a butterfly, Thyroid disease can be are important because of symptoms and signs are due to periods. Vision problems, eye Cells and fluid are removed considered one of the largest difficult to diagnose because the possible increase in the effects of excess amounts irritation, and bulging eyes, from the thyroid gland and endocrine glands in the body, symptoms are easily confused dose. It is most important of thyroid hormone on body heat intolerance and frequent examined by a pathologist and rests in the middle of with other conditions. that treatment should be function and metabolism. In bowel movements happen. to determine whether this is the lower neck. Its primary Fortunately, there is a blood continued, especially early in simple terms, all the metabolic This may happen during benign or malignant. function is to control the test that can identify thyroid pregnancy. processes are “speeded up”; for pregnancy and could affect body’s metabolism. The disorders even before the the outcome of pregnancy. Thyroid cancer thyroid gland produces onset of symptoms. When Thyroid cancer is uncommon hormones that influence thyroid disease is caught early, Thyroid Nodules but the incidence appears to essentially every organ, tissue treatment can control the Thyroid A thyroid “nodule” is a be increasing by 4% per year. and cell in the body. If left disorder even before the onset disease localized swelling within It is still currently the eighth untreated, thyroid disease of symptoms. Thyroid diseases the thyroid gland. Of most commonest cancer in the can cause elevated cholesterol could be life-long conditions can be dif- concern is a single swelling, USA but more importantly, levels and subsequent heart but with careful management, but sometimes it is part of it is the second commonest disease, infertility, muscle people with thyroid disease ficult to a multiple nodule in a large cancer among women in weakness, osteoporosis and can live healthy, normal lives. thyroid. Nodules are common some Gulf countries. Thyroid weight problems. diagnose and often cause no symptoms. cancer is the commonest The thyroid gland is prone Underactive Thyroid Gland Using ultrasound of the neck, malignant endocrine tumour to several distinct problems, (hypothyroidism) because it is estimated that 40-50 % but comprises only about 1% some of which are extremely Common symptoms of the symptoms of middle people may have of all malignancies. In the common. These problems can condition include tiredness, thyroid nodule without time period between 1973 and be broken down into those lack of concentration and are easily knowing. It is important to 1997, the incidence of thyroid concerning the production of forgetfulness, muscle aches, diagnose those nodules that cancer is increased by 50% hormone (too much, or too constipation, dryness of the confused may be malignant. and the rise continues. It is little), those due to increased skin, dry coarse hair, weight with other Dr. Wiam I Hussein, MBBS, Thyroid nodules are usually believed that screenings and growth of the thyroid causing gain and heavy menstrual FACP, FACE small and painless. Most awareness campaigns are the compression of important periods. Also, slow heart rate, conditions. Senior Consultant Endocrinology patients do not even notice the cause of the rise. Diagnosis neck structures or simply intolerance to cold, puffiness and Diabetes, Bahrain swelling. Their doctors find depends on cytological appearing as a mass in the around the eyes may also the swelling when they have evaluation by aspirating some neck, the formation of nodules occur. In children, growth routine medical checkups cells by a small needle. 12 Wednesday, February 28, 2018

His Majesty King Hamad bin Isa Al-Khalifa yesterday hailed the crucial role played by the legislative branch of government in strengthening the pillars of democracy, consoli- His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received at Gudaibiya Palace yesterday members of dating its contribution to the national development and highlighting social issues in Bahrain. HM the King made the statement as he received at Al-Sakhir Palace, Council of the royal family and senior officials and discussed with them a number of local issues. HRH the Premier said the government Representatives Speaker Ahmed bin Ibrahim Al-Mulla and Shura Council Chairman Ali bin Saleh Al-Saleh, their deputies and members of the committees tasked to reply to will spare no effort to boost cooperation with the Representatives and Shura Councils out of belief that complementarity of the royal keynote speech. work between institutions is the optimum way to achieve goals and promote national prosperity.

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa yesterday received at Gudaibiya Palace board chairman and members of the Al-Naim Cultural and Sports Youth Centre, led by the centre’s Honorary President, Mohammed Hassan Kamaluddin, and Chairman, Ghazi Abdul Mohsen. HRH Premier stressed the government’s keenness to ensure that all its development programmes and projects benefit all regions across Bahrain.

The Royal Court’s Minister Shaikh Khalid bin Ahmed Al Khalifa yesterday received Ambassador of the United Arab Emirates (UAE) to Bahrain, Abdul Rid- ha Abdulla Khoury. The minister con- veyed the greetings and appreciation of His Majesty King Hamad bin Isa Al Khalifa to the UAE ambassador, prais- ing his efforts and role in bolstering the close ties.

Bahrain Airport Services Company (BAS) said it has participated in the Job Fair at the Applied Science University (ASU). BAS’s representatives met jobseek- ers and highlighted how to create a successful career. Directorate of SMEs Development of the Ministry of Industry, Commerce and Tourism in cooperation with Participants in the Commercial Law Development Programme (CLDP) of U.S. Department of Commerce organised a workshop Career Day were on “Best Practices for Establishing Procurement Procedures that Support Small Businesses”, in presence of also briefed on member of “Government Procurement Team” from 12 government agencies. During the workshop, Assistant the training and Undersecretary of Industrial Development Abdulkarim Alrashid confirmed on the importance of this work- career opportu- shop to benefit from experts of Commercial Law Development Programme in providing advice and technical nities offered by support to enhance Bahrain’s efforts to develop SMEs. BAS. 12 Wednesday, February 28, 2018 Wednesday, February 28, 2018 13

His Majesty King Hamad bin Isa Al-Khalifa yesterday hailed the crucial role played by the legislative branch of government in strengthening the pillars of democracy, consoli- HisHis RoyalRoyal HighnessHighness PrimePrime MinisterMinister PrincePrince KhalifaKhalifa binbin SalmanSalman AlAl KhalifaKhalifa receivedreceived atat GudaibiyaGudaibiya PalacePalace yesterdayyesterday membersmembers ofof dating its contribution to the national development and highlighting social issues in Bahrain. HM the King made the statement as he received at Al-Sakhir Palace, Council of thethe royalroyal familyfamily andand seniorsenior officialsofficials andand discusseddiscussed withwith themthem aa numbernumber ofof locallocal issues. HRHissues. HRH thethe PremierPremier saidsaid thethe governmentgovernment His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa received outgoing UAE Ambassador to Representatives Speaker Ahmed bin Ibrahim Al-Mulla and Shura Council Chairman Ali bin Saleh Al-Saleh, their deputies and members of the committees tasked to reply to willwill sparespare nono efforteffort toto boostboost cooperationcooperation withwith thethe RepresentativesRepresentatives andand ShuraShura CouncilsCouncils outout ofof beliefbelief thatthat complementaritycomplementarity ofof Bahrain, Abdul Ridha Abdulla Khoury, at the Gudaibiya Palace yesterday. HRH Premier lauded the depth and the royal keynote speech. workwork betweenbetween institutionsinstitutions isis thethe optimumoptimum wayway toto achieveachieve goalsgoals andand promotepromote nationalnational prosperity.prosperity. strength of the deep-rooted fraternal Bahraini-UAE relations.

Electricity and Water Affairs Minister Dr. Abdulhussain Mirza yesterday received Bahrain Association of HisHis RoyalRoyal HighnessHighness PrimePrime MinisterMinister PrincePrince KhalifaKhalifa binbin SalmanSalman AlAl KhalifaKhalifa yesterdayyesterday receivedreceived atat GudaibiyaGudaibiya PalacePalace boardboard chairmanchairman andand membersmembers ofof thethe Al-NaimAl-Naim CulturalCultural andand SportsSports YouthYouth Centre,Centre, ledled byby thethe centre’scentre’s Minister of Works, Municipalities Affairs and Urban Planning Essam Khalaf toured Hidd In- Technology Companies (BTECH) Chairman Obaidly Al Obaidly and Worksmart Group Chief Executive Of- HonoraryHonorary President,President, MohammedMohammed HassanHassan Kamaluddin,Kamaluddin, andand Chairman,Chairman, GhaziGhazi AbdulAbdul Mohsen. HRHMohsen. HRH PremierPremier stressedstressed thethe government’sgovernment’s keennesskeenness toto ensureensure thatthat allall itsits developmentdevelopment programmesprogrammes andand projectsprojects benefitbenefit dustrial Area Roads Revamp Project yesterday. The minister said that the project aims to ficer Ahmed Al Hujairy and praised the association’s efforts in enhancing Bahrain’s position in the field of allall regionsregions acrossacross Bahrain.Bahrain. improve infrastructure in South Hidd (Preparatory Phase), now 86% complete. information and communication technologies.

The Royal Court’s Southern Governor Shaikh Minister Shaikh Khalifa bin Ali Al Khalifa yes- Khalid bin Ahmed Al terday reviewed the progress Khalifa yesterday re- of service projects with of- ceived Ambassador ficials from the concerned of the United Arab ministries. The meeting was Emirates (UAE) to attended by Works, Munici- Bahrain, Abdul Rid- palities Affairs and Urban ha Abdulla Khoury. Planning Undersecretaries Dr. The minister con- Nabeel Dr. Nabil Abu Al-Fateh veyed the greetings and Ahmed Al Khayat; Youth and appreciation Affair and Sports Assistant Un- of His Majesty King dersecretary Khalid Al Haj; Ed- Personal Representative of His Majesty the King and Head of the High Organising Commit- Hamad bin Isa Al ucation Undersecretary Nawal tee of Bahrain International Air Show (BIAS) Shaikh Abdullah bin Hamad Al Khalifa yesterday Khalifa to the UAE Al Khater; Southern Governor- Northern Governor Ali bin Al-Shaikh Abdul Hussain Al Asfoor re- chaired at Sakhir Air Base the first meeting of the organising committee of the show’s fifth ambassador, prais- ate Municipalities Director ceived yesterday Jordanian Ambassador to Bahrain Rami Saleh edition which will be held from November 14 to 16. Shaikh Abdullah was received on arrival ing his efforts and General Assim Abdullatif and Warikat Al Adawan. He stressed historic and strategic relations be- by Transportation and Telecommunication Minister Kamal Ahmed, members of the organis- role in bolstering a number of officials from ser- tween the two brotherly countries, expressing thanks for Jordan’s ing committee and officials. He listened to a briefing on the ongoing preparations as well as the close ties. vice ministries concerned. supportive stances to Bahrain. plans and programmes.

Bahrain Airport The Bahrain Tourism and The Gulf Petrochemical Industries Com- Services Company Exhibitions Authority pany (GPIC) organised a campaign in (BAS) said it has (BTEA) celebrated Kuwait’s cooperation with the Manama Munici- participated in national day by distribut- pality to clean the beach next to the the Job Fair at the ing gifts to visitors com- Bahrain Fort as part of its mission to Applied Science ing to Bahrain through the protect and preserve the environment. University (ASU). Bahrain International Air- More than 300 students from public and BAS’s representa- port and the King Fahad private schools took part in the cam- tives met jobseek- Causeway. Also, as a part paign, on February 20. GPIC President ers and highlight- of the celebration spe- Dr. Abdulrahman Jawahery thanked ed how to create a cial travel packages were the Gulf Petrochemical and Chemical successful career. provided at special rates Association (GPCA) Secretary General Directorate of SMEs Development of the Ministry of Industry, Commerce and Tourism in cooperation with Participants in the for visitors travelling from Dr. Abdulwahab Al Sadoun, Manama Commercial Law Development Programme (CLDP) of U.S. Department of Commerce organised a workshop Career Day were Kuwait. “We hope that Municipality Director General Sheikh on “Best Practices for Establishing Procurement Procedures that Support Small Businesses”, in presence of also briefed on this initiative will instill joy Mohammed bin Ahmed Al Khalifa for member of “Government Procurement Team” from 12 government agencies. During the workshop, Assistant the training and among all visitors,” said making the campaign a success. Gloves, Undersecretary of Industrial Development Abdulkarim Alrashid confirmed on the importance of this work- career opportu- Chief Executive Officer of plastic bags and sunscreen caps, as well shop to benefit from experts of Commercial Law Development Programme in providing advice and technical nities offered by BTEA, Shaikh Khaled bin as drinking water, refreshments and support to enhance Bahrain’s efforts to develop SMEs. BAS. Humood Al Khalifa. snacks were provided by the Company. 14 Wednesday, February 28, 2018

@JamesGunn So I just read Chris Pratt’s tweet to Kevin Smith saying he would pray for him & made the mistake of reading the comments, many of which go off on Chris for saying he’d pray. I think people misunderstand the backlash against “thoughts & prayers.”

Los Angeles ctress Gemma Chan has Ajoined the cast of Brie Larson-starrer “Captain Marvel”, the latest superhero film by Marvel Studios. Directors Anna Boden and Ryan Fleck are helming the project which is set in the 1990s and is based on Carol Los Angeles Danvers (Larson), ctress Jennifer Lawrence an Air Force pilot was widely blamed by whose DNA fuses Afans for actor Chris Pratt’s with that of an alien, split from wife Anna Faris. sending her headlong But Lawrence says she was into an intergalactic never in a relationship with adventure. her “Passengers” co-star. The movie is In an interview, the Marvel’s first female- actress talked about the fronted superhero weirdest rumours she had film, reports heard about herself. hollywoodreporter. She also commented on com. speculation about her love Chan will play life, reports dailymail.co.uk. Captain Minnerva, “I never had an affair with a geneticist from the Chris Pratt on ‘Passengers’. alien race Kree. That’s a good one I mean She is one of they got a divorce like two Marvel’s antagonists years later and everybody in the comics. (IANS) was like (shouting) Jennifer Lawrence! And I was like what the ‘what I’m in Montreal two years later’,” Lawrence said. (IANS)

Los Angeles ctor Alicia Silverstone has announced that she is separating from her husband Christopher Jarecki.A The couple, who shares a son, six-year-old Bear Blue, were married for 13 years. They had dated for eight years prior to their marriage in 2005. “They still deeply love and respect each other and remain very close friends but have mutually decided to separate after being together for 20 years. Accordingly, they have a son together who they will continue to co-parent, a representative of Silverstone said in a statement. The 41-year-old ‘Clueless’ star is currently vacationing with Bear in Hawaii. (PTI) 14 Wednesday, February 28, 2018 Wednesday, February 28, 2018 15

Los Angeles ctress Gemma Chan has Ajoined the cast of Brie Larson-starrer “Captain Marvel”, ueen Latifah has signed on to star in Hope’s Wish, an the latest superhero inspirational true-life drama from Alcon Entertainment. film by Marvel QAlcon is reuniting with Los Angeles-based finance and 1. Man Of The 2. Black Panther- Studios. production company Torridon/16:14, with which it worked Woods The Album, Music Directors Anna on Blade Runner 2049, to finance and produce the movie, Justin Timberlake From And Inspired Boden and Ryan which is scheduled to go before cameras April 9 in Fleck are helming Charlotte, North Carolina. By Soundtrack the project which is Laurie Collyer, who directed the Maggie Gyllenhaal set in the 1990s and drama Sherrybaby, will helm Wish, which has a script is based on Carol by Diana Ossana, who won an Oscar for writing Los Angeles Danvers (Larson), Brokeback Mountain. The project adapts the non- ctress Jennifer Lawrence an Air Force pilot fiction book Hope’s Wish: How One Girl’s Dream was widely blamed by whose DNA fuses Made Others Come True by Stuart and Shelby Stout. Afans for actor Chris Pratt’s with that of an alien, Hope’s Wish is based on the true story of Hope split from wife Anna Faris. sending her headlong Stout, a 12-year-old girl who, when diagnosed with But Lawrence says she was into an intergalactic a life-threatening disease, set out on a mission to never in a relationship with adventure. fund the wishes of all the other health-challenged her “Passengers” co-star. The movie is children in her part of North Carolina. 3. The Greatest 4. Fifty Shades In an interview, the Marvel’s first female- Latifah will play Make-A-Wish Foundation Showman Freed Soundtrack actress talked about the fronted superhero executive Toni Dubois, who worked with Stout Soundtrack weirdest rumours she had film, reports to help raise the money. heard about herself. hollywoodreporter. Walden Media is set to produce the pic She also commented on com. alongside Steven P. Wegner and Val Hill speculation about her love Chan will play and Yale Badik of Torridon/16:14. Alcon’s life, reports dailymail.co.uk. Captain Minnerva, Andrew Kosove and Broderick Johnson will “I never had an affair with a geneticist from the executive produce. Chris Pratt on ‘Passengers’. alien race Kree. Hope’s Wish will be released by Warner That’s a good one I mean She is one of Bros. via Alcon’s output deal with the they got a divorce like two Marvel’s antagonists studio. (hollywoodreporter) years later and everybody in the comics. (IANS) was like (shouting) Jennifer Lawrence! And I was like what the ‘what I’m in 5.NOW 65 6. Divide Montreal two years later’,” Various Artists Ed Sheeran Lawrence said. (IANS)

Los Angeles the clawed supervillain as its central ctress Emma Stone is antagonist. being considered to essay The script of the project is developed Athe character of Cheetah in by Patty Jenkins, Geoff Johns and Dave “Wonder Woman 2”. Callahan. According to That Created by William Moulton Hashtag Show website, Marston, Cheetah has four different the sequel to “Wonder incarnations since the character’s Woman” will introduce debut. (IANS) 7.From A Room: 8. 24K Magic Volume 2 Bruno Mars Los Angeles Chris Stapleton ctor Alicia Silverstone has announced that she is separating from her husband Christopher Jarecki.A The couple, who shares a son, six-year-old Bear Blue, were married for 13 years. They had dated for eight years prior to their marriage in 2005. “They still deeply love and respect each other and Ali Larter remain very close friends but have mutually decided to separate after being together for 20 years. Accordingly, they have a son together who they will February 28, 1976 continue to co-parent, a representative of Silverstone said in a statement. The 41-year-old ‘Clueless’ star is currently Actress who played both Niki Sanders and Tracy 9.Sleepwalkers 10. From A Room: vacationing with Bear in Hawaii. (PTI) Strauss, two personalities on the hit TV show Heroes. Brian Fallon Volume 1 She played Clear Rivers in Final Destination and Final Chris Stapleton Destination 2. (billboard.com) 16 Wednesday, February 28, 2018 Classifieds Mohamed Ahmadi Co. W.L.L General & Contract Cleaning Services Manned Security Services HOTLINE Travel & Tourism 8000 1088 SHONEEZ MOTORS Civil works-Block, Plastering & Tile Fixing Trading of Garbage Bags/Hand Towels & Cleaning Detergents an ISO Certified Company Air ticket to all global airlines Fabulous tour package around the globe MAC Hotels and service apartment TRAVEL & TOURISM Tailor made packages “Miles covered with a smile...” Travel Insurance “Best Fare at your Door Step” Tel: 17268 111 | Fax: 17268 222 | Mob: 39462097 Manama | Kingdom of Bahrain | [email protected] | www.macbh.com

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Running in parallel with the Bahrain Time: 7 pm onwards and research of lines, colours and compositions. Annual Fine Arts Exhibition, this experiment KABABNA Come fondue with us this winter! Dip into the In this upcoming solo exhibition, Music and sheds light on creative processes that take place Date: Every Tuesday divine cheesy sensation and celebrate the classic Mirrors, Jamal Abdulrahim revisits the Realism when two individuals (from different creative Venue: Silk’s restaurant Gruyere cheese fondue with dipping bread breads school of art and presents his newly developed disciplines) collaborate. Every year five artists and Time: 7.00pm to 11.00pm and dip-ables, as we offer a wide selection of approach to this classic school. five chefs get together and work to produce a cre- Grilled to perfection at Silk’s restaurant. Embark authentic, freshly prepared cheese fondue spe- ative product; be it a painting, installation, video, on a delicious journey of kebabs every Tuesday cials. 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CROSSWORD Your star today A rebirth of romance in your life could take (Mar 21st - Apr 20th) place today. If you’re currently involved with YESTERDAY’S SOLUTION someone, a happy event could enrich the bond between you and bring you closer together. If you aren’t presently attached, you could be by the end of the day.

Today you might notice a change in yourself. You could look in the mirror and see that (Apr 21st - May 21st) you suddenly look as gorgeous as a movie star. This change in your outer self is due to transformations taking place within. You’ve probably been releasing old traumas from the past, and therefore considerable stress and tension have vanished from your face. An unexpected conversation with a current or (May 22nd - Jun 21st) potential romantic partner could end with both of you revealing a lot of your deepest feelings. This discussion may only indirectly concern the status of your relationship, but you will learn a lot about each other that could cause you to seriously consider whether or not you want to continue the relationship.

(June 22nd - July 23rd) Some rather intense work, perhaps involving in-depth research, could take up much of your time today. You could spend a lot of time in libraries or on the Internet trying to discern certain facts that you need for a project that could make a big difference in your income. This can be exciting, but there is one caution: Across Down remember to rest your eyes from time to time. 1 Specific geographical places; 6 One of superior rank; 11 Lotion 1 Excuse me; 2 Super Bowl XXXIV champs; 3 Letter- (July 24th - Aug 23rd) Today, you could direct an overwhelming letters; 14 Glad; 15 Low budget prefix; 16 ___ Mart; 17 Gives off; writer; 4 Quick on the uptake; 5 Methods; 6 Intended; 7 Land unit; amount of love and passion toward a current or 18 Republic in S South America; 20 Ed.’s in box filler; 21 Daly of 8 Slow run; 9 The loneliest number; 10 Graceful roundness; 11 Eddy; potential romantic partner. Your friend might “Judging Amy”; 23 Jeter of the Yankees; 24 Chirp; 26 Normally; 12 Discussion group; 13 Like good pie crusts; 19 Nipple feel a little taken aback, but is likely to be flattered and therefore respond in a positive 28 Sweeping implements; 30 Scrub (a mission); 31 Actor’s parts; ; 22 Affirmative reply; 25 Troubles; 26 German submarine; 27 manner. This might not have the potential to 32 Sarge’s superior; 33 Ciao!; 36 Burrows and Vigoda; 37 Clear of And ___ goes; 28 Brica ___; 29 ___Cop; 30 It comes from th become a committed relationship, so don’t vermin; 38 Greek temple; 39 ___ anglais (English horn); 40 Marriot e heart; 32 Dull; 33 Explosive surge in a fire; 34 Symbol of slav- expect anything from it. t competitor; 41 Ship floors; 42 I ___ vacation!; 43 Federal soldier in ery; 35 “___ quam videri” (North Carolina’s motto); 37 Textile work- (Aug 24th - Sep 23rd) the Civil War; 44 Tidal river; 47 Enticed; 48 Spoil; 49 Auction off; er; 38 Hawaiian goose; 40 Low shrub; 41 One dearly loved; 42 Sisters; 43 Information that you retrieve from deep within your psyche might lead to a revelation as to a 50 Mythical bird; 53 Showing no remorse; 56 Novelist Calvino; 58 Actor Brynner; 44 Musical study piece; 45 Less loony; 46 Jewelled cr great way to increase your income. This could ___ Rosenkavalier; 59 At attention; 60 Like some checking accounts; own worn by women; 47 Resulted in; 49 Faction of a group, often reli- be something you read and forgot, or it might 61 Time to remember; 62 Totaled, as a bill; 63 Boarded; gious; 51 Bread spread; 52 “Barton Fink” director; 54 Altar constella- be something you overheard in a restaurant. tion; 55 Guys; 57 Likewise; Whatever it is, look into it carefully, and then if the information seems to be accurate and useful, go for it. BEETLE BAILEY R (Sep 24th - Oct 23rd) Today, you might attend a group event of some kind. While there, you could encounter an old friend who seems to have changed. As a result, you might find this person very attractive and direct a rush of physical passion their way. This could be disconcerting, but don’t brush it off because you’ve always thought of this person as a friend. A new creative project of some kind, perhaps (Oct 24th - Nov 22nd) involving modern technology, could set your career in a new direction. This may be the break you’ve been hoping for, and you’re apt to be very excited about it. Any new enterprise begun today is going to have its ups and downs, but all signs indicate that it will succeed. Consider the project carefully before making a decision. If you’re taking a trip any time soon, you can (Nov 23rd - Dec 21st) expect to experience a powerful attraction for someone you meet along the way. This will definitely make your journey more interesting; YESTERDAY’S SOLUTION however, the friendship might not survive the trip. You may be from opposite sides of the country, and one or both of you could be involved with other people. If neither of those restrictions applies, it’s worth pursuing. (Dec 22nd- Jan 20th) You could soon receive news of an unexpected cash inflow. This might be money earned on your own, but it’s more likely to be investment income. If you own stocks, bonds, or land, expect their value to skyrocket. If you work for a company that has a good profit-sharing plan, don’t be surprised if the amount of profits earned this year doubles. Whichever it is, you’re on your way! (Jan 21st - Feb 19th) Today the energy is on partnerships, probably those begun on the spur of the moment. You and a colleague might have a conversation about the possibility of going into business together. There is also the possibility that you could fall in love at first sight. Any sort of partnership formed today will have its ups and downs, but with work, it could succeed. Have you been entertaining the idea of changing (Feb 20th - Mar 20th) jobs? If so, put out some feelers today. You’ve been working hard and may have felt as if you’ve How to play: been barking up the wrong tree. Don’t hesitate Place a number in the empty boxes in such a way that each to research possibilities on the Internet, prepare your resume, and chat up knowledgeable people row across, each column down and each 9-box square in social situations. It’s time to pass carefully from contains all of the numbers from one to nine. reflection to action. Wednesday, February 28, 2018 19 a #PollToday Saudi Crown Prince to visit Church crisis Britain on March 7: report Do you think all other countries should follow Germany’s lead in banning diesel cars to force automakers to switch to in Jerusalem: cleaner vehicles? Yes No Cant Say

talks continue London May discussed the visit Jerusalem the churches, not the national “As the mayor of the city audi Crown Prince with her cabinet earlier on he mayor of Jerusalem government are happy with of Jerusalem, my goal and The United States seeks SMohammed bin Salman Tuesday, including the much Tyesterday said he was this situation,” Barkat said in role is to make sure people to move toward a new will begin a visit to Britain on anticipated stock market working with a third party his office in central Jerusalem. pay their taxes,” he said. relationship with Pakistan, March 7 which will include listing of state oil company to resolve a tax dispute Roman Catholic, Greek “We have no negative or bad based on a shared talks with Prime Minister Saudi Aramco - potentially the with major Christian Orthodox and other Christian intentions here. Positioning commitment to defeat Theresa May on topics such biggest listing in history and denominations that has led leaders on Sunday closed the this as if though, God forbid, all terrorist groups that as extremism and societal the subject of a high profile tug to the closure of the Church Church of the Holy Sepulchre we have something against threaten regional stability,” reform, May’s spokesman said of war between Britain and the of the Holy Sepulchre, one to protest Barkat’s decision to the churches is totally unfair.” - Lisa Curtis, on Tuesday. United States. of Christianity’s holiest sites, force them to pay property The churches say their Deputy Assistant to the US President “The visit will usher in a “The fact that there is a just ahead of the busy Easter taxes. properties are all used for new era in bilateral relations potential listing of Saudi season. Christian leaders have church-related purposes that focused on a partnership that Aramco was discussed, but in Mayor Nir Barkat declined said the building will remain benefit pilgrims and their delivers wide-ranging benefits no more terms than that,” the to identify the third party, but closed indefinitely. Barkat local flocks. for both the United Kingdom spokesman said. expressed hope the dispute said his order applies only They also accuse Barkat Thai elections to be held and the Kingdom of Saudi In a separate statement would soon be resolved. to “commercial properties, of violating a longstanding by next February Arabia,” the spokesman said. issued after the meeting “I’m going to negotiate in such as hotels and office status quo agreement and “The visit will also provide with her cabinet, May said the right way to hopefully space, and does not affect acting in an underhanded an opportunity to enhance the crown prince’s visit - his resolve this,” Barkat said. houses of worship. He said manner by not notifying our co-operation in tackling first since his appointment “But the churches will also his decision is in line with them ahead of time about international challenges such in June 2017 - would allow have to seek and think of norms around the world, and his plans. Church leaders say as terrorism, extremism, the Britain to talk “frankly and how to work something out,” called the church’s closure they learned of the new tax conflict and humanitarian constructively” about areas he said. “Naturally not I, not “unfortunate.” plan through the media. (AP) The prime minister of crisis in Yemen and other of concern like Yemen and Thailand’s military govern- regional issues such as Iraq security in the Middle East. ment, which took power in and Syria.” (Reuters) a coup in 2014, said Tuesday the country will have elections by February next year. Sridevi’s body brought home Maldives minister resigns, urges international help from Dubai, funeral today Maldives State Health Minister Dunya Maumoon has resigned, she said in a letter on Tuesday, grieved by the arrest of her father, the island nation’s longest-serving leader.

Two killed as snow, sub- Ambulance carring mortal remains of Sridevi arrives Visitors pray outside the closed doors of the zero paralyze Europe at her residence in Mumbai Church of the Holy Sepulchre Two people were found dead in Romania as snow and sub- Mumbai of people had also gathered zero temperatures across he body of Sridevi was to catch a final glimpse of much of Europe saw flights Tflown back to Mumbai their favourite actress and German town to keep canceled, road and rail trans- on Tuesday evening, three to pay their respects. Her port disrupted and schools days after her sudden death body was then taken to the closed on Tuesday. in a Dubai hotel triggered a Lokhandwala residence of bell dedicated to Hitler frenzy of grief and disbelief the Kapoors where scores of across the country. police personnel and private Berlin the Nazi era but mostly removed culture of remembrance” and Erdogan criticized for Family members, security men were deployed small town in southwestern after the war. recommended either leaving speaking of martyrdom including filmmaker for crowd management. AGermany has decided to But a study had concluded it in place with an explanatory for small girl husband Boney Kapoor Sridevi, known as Indian keep a church bell dedicated removing it would be akin to plaque, or putting it in a Turkish President Recep and stepson Arjun Kapoor, cinema’s first woman to Adolf Hitler ringing, but as “fleeing from an appropriate museum. (AP) Tayyip Erdogan has come brought back the mortal superstar, leaves behind her a memorial to spark dialogue under criticism for telling a remains on a private plane husband Boney Kapoor and about violence and injustice. small girl dressed in a mili- that had been parked at the their two daughters Jahnvi The dpa news agency reported tary uniform that she would Dubai airport since Sunday and Khushi. Tuesday the Herxheim am Berg be honored if she were morning after the authorities The family issued a council voted 10-3 to preserve “martyred” for Turkey. there ruled out any foul play statement thanking “the the bell, which carries the in her death and completed film fraternity, media, inscription “Everything for the For more, catch us all formalities. fans of late Sridevi Kapoor Fatherland - Adolf Hitler” above online at: The flight landed here and all the well-wishers a Nazi swastika, as a memorial in around 9.30 pm. Anil for their prayers, support its Protestant church. www.newsofbahrain.com Ambani, wife Tina Ambani and sensitivity during our State church authorities had A church bell with the inscription “Everything for the /nobonline and Anil Kapoor were among moment of immense grief. offered to fund replacing the bell, fatherland Adolf Hitler” and a swastika /newsofbahrain those at the airport. A sea (News 18) which were widespread during 20 Wednesday, February 28, 2018

The 65th Unravelling the code of life 1869: Nuclein – now 1900: Building blocks of 1953: James Watson and known as DNA or DNA established as Francis Crick (clockwise anniversary of deoxyribonucleic acid – phosphate and sugar from top left) – guided isolated from nuclei of (deoxyribose) and four by X-ray photographs the publication white blood cells bases (nucleotides) taken by Maurice Wilkins 1879: Chromosomes adenine (A), cytosine (C), and Rosalind Franklin – discovered within guanine (G), thymine (T) discover double-helix of the structure structure of DNA nucleus of cell 1933: Chromosomes Nucleus shown to contain DNA 1961: Marshall Nirenberg deciphers genetic code, of DNA by James 1941: “One gene- revealing sequence of one protein” amino acids in protein hypothesis D. Watson, molecules 1944: Discovery 1977: Walter Gilbert and 1990: Human Genome that DNA, not Francis H.C. Frederick Sanger devise Project begins with goal of protein, is techniques for sequencing sequencing nucleotides material of order of base pairs and mapping all genes in Crick, Rosalind inheritance 1986: Leroy Hood human DNA develops first high-speed June 2000: U.S. President Franklin and automated DNA sequencer Bill Clinton announces that 85% of genome has Maurice Wilkins been sequenced. Research now shifts Human cell: Nucleus of every cell contains Cost per to discovering how takes place as 146 chromosomes, 23 from each parent human individual genes within genome (2001) chromosomes vary scientists debate 2 Chromosome: Each chromosome is $95.3 2006: Sequence of last comprised of one tightly coiled molecule of million human chromosome the ethics of new DNA with proteins that serve to package DNA published. Chromosome 1 and control its functions. DNA carries unique genetic is largest with 4,316 genes, code that determines characteristics of each person made up of some 249 gene editing DNA: Uncoiled molecule is so large that million base pairs techniques. average chromosome contains 50mm of DNA

It was Saturday lunchtime on February 28, 1953, when two Cambridge University scientists pushed open the doors of The Eagle, a favourite pub for researchers at the 3 Genome: DNA is nearby Cavendish laboratory. made of chemical bases A, C, G and T. Each A base bonds with T base The duo, 25-year-old American bacteriolo- and each G base with C gist and birdwatcher James Watson and Francis Crick, a 37-year-old British physicist, Gene announced that they had unravelled the Genetic code: Order of double helix structure of deoxyribonucleic 4nucleotides within gene is acid, DNA, saying: “We have discovered the inheritable instructions needed secret of life!” to make protein molecules Protein The momentous discovery was made pos- Some proteins are building sible by the research of Rosalind Franklin materials of cells – skin, and Maurice Wilkins, who produced X-ray heart, blood – while diffraction photographs of DNA at King’s others control biological College in London. Franklin’s DNA picture processes such as Personal digesting food or carrying 6genomes: experimentally confirmed the correctness oxygen in blood of the theoretical double helical model New-generation sequencing Watson and Crick were developing. Mutations: Alterations techniques may 5to sequence of code can eventually identify Watson and Crick published their findings result in proteins with risks of in Nature, suggesting that the two coiled incorrect form and shape. genetic Cost per strands of DNA allowed it to create identi- Scientists have identified diseases genome cal copies of itself, creating a link between more than 6,000 gene and (2017) generations. disorders which affect suggest $1,121 about one in 200 people therapies Sources: The Double Helix by James Watson, Nature, Life Technologies Pictures: Associated Press, National Library of Medicine © GRAPHIC NEWS SPORTS Wednesday, February 28, 2018 21 Aussie attack makes dilemma Lucas Pouille Passes for South Africa Durban, South Africa ome of the world’s best fast bowlers will square up when GulbisDubai Test In Dubai the first Test between South Africa and Australia starts Sat Kingsmead on Thursday. wo days after a three-set loss They may find, however, that some of their sting drawn to Karen Khachanov in the by pitch conditions. OpenT 13 Provence final, Lucas Kingsmead has lost the reputation it once had as a Pouille successfully returned fast bowler?s paradise. It has been many years since to action at the Dubai Duty wicketkeepers had to leap around as balls soared and sped Free Tennis Championships on off the playing surface. Tuesday. Indications are that the pitch will offer encouragement The Dubai resident, who but not excessive help to the fast men, with enough grass on reached the semi-finals in 2017 the surface to assist movement off the seam. (l. to Murray), defeated former The South African team, it seems, has given up on Top 10 player Ernests Gulbis trying to influence conditions after their “requests” to 6-4, 6-4 to reach the second groundsmen resulted in pitches that were less than ideal round. Pouille played the crucial for a recent three-Test series against India. The surface for points expertly throughout the the third Test at the Wanderers was condemned as poor by 79-minute clash, breaking serve International Cricket Council match referee Andy Pycroft. on each of his three break point “Everybody knows what happened at the Wanderers, opportunities, while saving so we’ve left the groundsmen to prepare the best possible eight of the nine chances his pitches that they can,” coach Ottis Gibson said last week. Latvian opponent managed to Assuming the conditions are fair, it should be a red- create. blooded battle between the teams ranked second and third “I have won many matches in Test cricket behind India. over the past three weeks, so Both have potent fast bowlers and exciting, if fragile, I’m arriving here with a lot of batting line-ups. confidence,” said Pouille. “I South Africa won the first two Tests against India with think that helped me in the tough a four-man pace attack, left-arm spinner Keshav Maharaj moments today. Especially on and just six top-quality batsmen. But may be tempted the break points, I served pretty to strengthen their batting at the expense of one of the well and played good rallies. Lucas Pouille specialist bowlers. That is very positive.” Coric will meet another to go and practice some serves Thomas Fabbiano 0-6, 6-2, That decision may be influenced by a lack of form of key Pouille now waits to see Frenchman for a place in the now. Otherwise... it was good 6-2. The Rolex Paris Masters players as well as injuries which kept several out of action if a Marseille final rematch quarter-finals, after Benoit performance.” finalist won just 12 points in a in recent weeks. against Khachanov will come to Paire’s three-set win over Pierre-Hugues Herbert saved quick opening set, but found Captain Faf du Plessis is expected to play, although fruition in the next round, with Yoshihito Nishioka on Monday. three match points in a thrilling a way to wrestle control away the right index finger he broke four weeks ago remained the Russian needing to beat Coric leads their FedEx 4-6, 6-4, 7-6(8) first round win from the Italian before cruising bandaged and he took a minimal part in the team?s first Denis Istomin later on Tuesday ATPHead2Head series 1-0. over Portugal’s Joao Sousa. to victory. The Serbian will practice in Durban on Monday. (AFP) to set up a second FedEx ATP The 2015 semi-finalist (l. The Frenchman rallied from meet 2016 runner-up Marcos Head2Head meeting. to Federer) hit six aces and 4/6 down in the final-set tie- Baghdatis in the second round. Borna Coric began his broke the Frenchman’s serve break and saved another match Germany’s Jan-Lennard campaign in style, beating fifth on four occasions to move point at 6/7 before eventually Struff also advanced to the seed Richard Gasquet 6-4, 6-3 into the last 16. “I think I was clinching victory after two second round, needing just 56 in 76 minutes. ”He did come returning pretty good today,” hours and four minutes. minutes to dispatch of Andreas back in the both sets,” said reflected Coric. “I was happy Herbert will meet third seed Haider-Maurer 62, 6-4. Struff Coric. “It was a pretty good with my return. I think it got Roberto Bautista Agut for a spot hit 13 aces and dropped just two effort from him... but I managed me through the match also. I in the last eight. points behind his first serve in a to stay calm. I didn’t panic. It was not serving very well. I was Filip Krajinovic recovered dominant serving performance. was good.” not happy with my serve. I need from a bagel first set to beat (atpworldtour) Nadal unfazed by rankings race Acapulco Top seed Nadal will start as afael Nadal says he will the favourite to win in Mexico not be thinking about this week, where he also won reclaimingR his world number in 2005 and 2013. one ranking when he makes Nadal meanwhile said he his return from injury at the has fully recovered from the Mexico Open in Acapulco on right leg injury that scuppered Tuesday. his Australian Open The 31-year-old Spanish campaign. star will play his first match “I took a couple of weeks since limping out of the of rest and worked hard on quarter-finals at the Australian rehabilitation,” he said. “Last Open when he faces Feliciano week I started practising hard Lopez. again. I feel ready. Injuries are Following his exit in part of my career. It’s not the Melbourne last month, Nadal Rafael Nadal first time. has ceded his number one the Swiss star at Indian Wells because I’m trying to be “Of course it’s tough, ranking to Roger Federer, who or Miami next month. number one in the world,” especially at this point when became the oldest player to Nadal however insists he is Nadal said. you feel ready to compete well. claim top spot on February 19. not motivated by a desire to “At this point in my career, “For me it was a good While a victory this week reclaim the position from his I’m looking to be happy, and chance to be fighting for an would not be good enough long-time rival. play in the proper weeks, important title in Australia. to overhaul Federer, it would “I play this tournament whether No. 1 or No. 5 in the But it happened and I can’t South Africa’s Captain Faf du Plessis leave Nadal primed to replace because I like it and, not rankings.” complain.” (AFP) 22 Wednesday, February 28, 2018 SPORTS Bolt to play in

charityParis club and would reveal all 24 Twitter matchaccount yesterday, comedy actor Will Ferrell. ultiple hours later. Williams, decked out in an Soccer Aid aims to raise Olympic Well, his new team is the England shirt, says the match money to help children around championM Soccer Aid World XI -- a will feature “celebrities, the world and organises charity Usain Bolt will line up motley crew put together to legends and a brand new matches featuring celebrities opposite British pop help raise funds for the United captain for Soccer Aid World and former football stars. star Robbie Williams in Nations Children’s Fund, XI”. This match will be played on a charity football match Unicef. Manchester United fan June 10, just before the World at Manchester United’s Not only had football-mad Bolt then appears and adds: Cup gets underway in Russia. Old Trafford stadium, Bolt, the fastest man alive, been “Robbie, let me entertain you,” Bolt is an eight-time the Jamaican revealed recruited for the match, but he in a reference to Williams’s hit Olympic champion, 11-time yesterday. comes straight into the team 1998 song of the same name. world champion and holds the Manchester United fan Now retired, Bolt had as captain, with former Take The promotional video world records in the 100 and Usain Bolt is going to given a teaser of what was That star Williams leading out features the likes of Brazilian 200 metres. realise a dream of lead- to come on Twitter on an England side in opposition. great Ronaldinho and Real Williams is the best-selling ing out his team at Old Monday, claiming that he Speaking on a publicity clip Madrid coach Zinedine British solo artist in the United Trafford had signed for a football published by Bolt, 31, on his Zidane, as well as American Kingdom. (AFP) Buffon says ready to play for Italy Ronaldo Milan with my family, but when the Cristiano Ronaldo taly goalkeeper Gianluigi national team needs you, you IBuffon is prepared to go must be present and not desert back on his decision to retire them,” replied Buffon during given from international football if the programme Tiki Taka he is picked for the friendlies broadcast on the Mediaset against England and Argentina network. next month. “There’s nothing to add to off as The 40-year-old had called it Di Biagio’s words other than a day in November immediately I feel a sense of responsibility after Italy’s astonishing failure and loyalty which I must give to qualify for this year’s to the national team in this PSG trip World Cup, ending a 20-year transitional moment,” added international career in which the 2006 World Cup winner. he made 175 appearances. ”I repeat, it’s a way of However, on Monday Italy’s showing loyalty and a sense looms interim coach Luigi Di Biagio of responsibility towards Italy. said that it was not right that A new national team is being Buffon’s international career born and the first games are should end with the infamous not comfortable ones because Madrid 0-0 draw against Sweden we will face Argentina and eal Madrid coach Zinedine Zidane is giving which condemned them to a England. Cristiano Ronaldo a break and has left him out first World Cup absence for “I think that any experienced ofR the 19-man squad to face Espanyol in La Liga 60 years. player can be useful at the start, yesterday. “I had thought about going even if it’s just to give advice to But Gareth Bale and Karim Benzema are both on holiday for a few days the young ones.” (Reuters) included in the squad, a week before the second leg of the Champions League last 16 against Paris Saint- Germain. “It is very important to always keep Cristiano in peak form. He knows that from time to time he must rest,” Zidane told a press conference on Monday, suggesting that the decision was mutual. “He knows this very well and we talk, as always, a great deal.” It will be the second time in three games that the coach has not picked the Portuguese star. Ronaldo also missed the league game against Leganes last Wednesday, which Real won 3-1. Brazilian midfielder Casemiro will likewise miss the game with a reported stomach problem. Zidane has called up 19-year-old Oscar from the academy team. (AFP)

Gianluigi Buffon SPORTS Wednesday, February 28, 2018 23 98.4 Beach Games champions honoured Manama Centres crowned the winners Brave announces sa Town Youth Centre Isa Town Youth Centre for has clinched the cup winning the first place and fromI Buri Club in the 98.4 Buri Club for winning the Beach Games Championship second place. for Youth Centres organized The final match between by the Ministry of Youth Isa Town Youth Centre and Umniah sponsorship and Sports Affairs to Buri Club ended in 5-4 score Manama first edition of the event in record of partnerships and the Rio Olympic Games for mark the National Action after penalty kicks broke the rave Combat Federation Jordan titled Brave 10: The initiatives in sports. Brave 10 Taekwondo, the country’s first- Charter (NAC)’s 17th match’s 3-3 tie. has announced the Kingdom Rises which will be will feature 24 athletes from 14 ever Olympic gold. anniversary. Assistant Undersecretary Blatest sponsorship relation held at King Hussein Sports nations competing in Jordan. Umniah is also a proud Dr. Shaikh Saqr bin for Sports Affairs & Facilities, with the Jordan based City in Amman Jordan on 2nd The partnership will pave supporter of Jordanian football, Salman Al Khalifa, Khalid Saleem Al Haj, telecommunications service March. Umniah is an ardent the next step in popularising with partnership agreements Assistant Undersecretary attended the honouring provider, Umniah. supporter of sports in Jordan, and supporting athletes from signed with the nation’s most for Organisations & Youth ceremony. Umniah has sponsored the with a longstanding track the region and to nurture their popular sports clubs — Al passion towards the sport. This Faisaly and Al Wehdat. also marks for the first time “At Umniah, we believe NKorea to send athletes a major telecommunications that sports is the fundamental servicer provider based in cornerstone of sustainable to Paralympics in South GCC is providing a major development, providing people sponsorship deal with a sports from all walks of life the path Seoul at a village along the heavily media property. Mohammed to develop the determination, orth Korea plans to send fortified border to discuss Shahid, President of Brave discipline and overall health athletes to compete in logistics for the Paralympics, Combat Federation had that will impact the very way Nnext month’s Paralympic which begin on March 7. thanked by the support from they see the world around Games in South Korea, South Korean leaders see Umniah and Ziad Shatara, them.”, responded Ziad following its high profile Pyongyang’s participation in CEO of Umniah. Shatara, CEO of Umniah. participation in the Olympic the Games as key to lowering Umniah has supported Brave Combat Federation games that wrapped up on tensions on the peninsula sports and athletes in Jordan in welcomed the initiative from Sunday, Yonhap news agency and possibly leading to multiple occasions. Umniah is Umniah to support the vision said. diplomatic negotiations a longtime sponsor of Mostafa of His Highness Sheikh Khalid Officials from North and over the North’s nuclear Salameh, the first Jordanian bin Hamad Al Khalifa to bring South Korea met on Tuesday programme. (Reuters) and Arab to ever climb each Bahrain and Jordan closer in of the seven summits and to the avenue of sports. conquer both the North and Brave Combat Federation is Ian Wright calls on South poles, a feat he shares currently reaching out to 833 with only fifteen other people million households around Wenger to leave in the world. the world in 84 nations. The In 2016, Umniah partnered latest sponsorship support London (from Wenger) and he is with Jordanian Olympic hero and partnerships are expected ormer Arsenal striker mollycoddling a team,” Ahmad Abu Ghosh, who to strengthen the economic Ian Wright has called on Wright told BBC radio. has been appointed as the and cultural impact through Fstruggling manager Arsene “Whether he stays at the operator’s Youth and Sports sports between the Kingdom of Bahrain and Hashemite Wenger to step down as end of this season, I could Mohammed Shahid, President of Brave Combat Federation Ambassador. Abu Ghosh reports suggest succession not make a case. I am not has secured a gold medal at Kingdom of Jordan. planning at the club has sure anyone can. This already begun. development of mediocrity The Frenchman, under has to be arrested.” contract at the Emirates until Wright also had harsh Lukaku 2019, is under increasing words for American owner Indian Club to host pressure after his team’s Stan Kroenke. abject display in Sunday’s 3-0 “The owner has to take a ponders League Cup defeat against lot of blame for this,” he said. tennis championship Manchester City -- their sixth “Kroenke does not care. If All-Star loss in 12 games this year. he cared, Wenger would not Arsenal are 10 points adrift have got a two-year deal. of fourth-placed Tottenham “Everyone else can start to match in the Premier League and see that is it getting to a point London look likely to miss out on where Wenger needs to go. anchester United striker Champions League football The owner has to be here, Romelu Lukaku has for the second consecutive find out what is happening, Msuggested the Premier League season. how is this working, what are host an match similar to the “There are excuses we going to do, how are we NBA’s All-Star game. going to get back to where the The NBA hosts an annual fans want us to be. All-Star weekend with the main “The fans have been saying feature being a match contested it for years but no-one is by two teams comprised of the paying any attention to league’s best players, who are them. The owner has not picked by popular vote. done anything and has given “Here’s an idea for you From right - Lester Ferrao, General Secretary Ricson Rebello, Tournament Director Wenger carte blanche to guys... the NBA has an all-star Cassius Pereira, Tennis Secretary Doc John Chacko, Somnathan and Jacob. carry on.” game!,” the 24-year-old Belgian Wright’s comments follow wrote on his verified Twitter stinging assessments from Manama The under 18 girls is a first The last date for registration account. the club’s record goalscorer he Indian Club is all set to time event to encourage girls is 18th March and the fixtures “Don’t you guys think we Thierry Henry and former stage the 69th open tennis in tennis. will be out on 20th March. should organise one in the Manchester United and championshipT at the club Each player can participate For further details players Premier League. The north vs England defender Gary premises. in only 2 categories and mixed can contact the Tennis the south! And the fans vote... Neville, who labelled The championship begins on doubles is optional. Secretary Doc John Chacko on what do you guys think?” Arsenal’s performance 25th March till 13th April and Entry forms are available 33343390 or the Tournament United are second in the Arsene Wenger against City “spineless”. will feature various categories at the Club reception Director Cassius Pereira Premier League and travel to (AFP) including the under 18 girls or on the website www. on 33310475 or the Club on Crystal Palace next Monday. besides ladies open. indianclubbahrain.co 17253157. (Reuters) Brave announces Umniah P23 sponsorship SPORTS 2424 Wednesday, February 28, 2018 Neymar could Paris eymar still has a “small chance” of playing against Real MadridN in the Champions League and there are no plans for an operation on his cracked bone, Paris Saint-Germain coach Unai Emery said on Tuesday. “For Neymar there has been no decision to have an face operation,” said Emery, denying an earlier report in the Brazilian press that the world’s most expensive player would go under the knife to fix the cracked bone in his foot. “Neymar is the first to want to play every match, he’s very focussed on Real. I think there’s a small chance that he’ll be ready for the match,” added Emery. PSG trail 3-1 from the last 16 first leg in Madrid two weeks ago and the loss of Neymar would be a huge blow to their chances of overturning that deficit at the Parc des Princes on March 6 and Real reaching the Champions League quarter-finals. Neymar suffered a cracked metatarsal in his foot and a twisted ankle in an innocuous looking incident against Marseille on Sunday night. And while Spaniard Emery said there is a possibility he’ll recover by next week, he was more pessimistic than he had been on Sunday PSG denies reports night. “Today, after analysing Neymar, it looks less likely than it did on Sunday that he’ll be ready for this match,” Neymar will said Emery. However, he was clear in his dismissal of a report undergo surgery. published by Brazilian media outlet Globo Esporte on Tuesday morning that claimed a decision had already been reached for The Brazilian Neymar to undergo an operation, and that he would be out until May. star may play in “Last night (Monday) the club issued an official statement: it said how the player was medically,” added Emery. Champions League “Things (like operations) aren’t decided like that,” he added, clicking his fingers. next week “You need discussions with the doctor, the player, his entourage. “To make such an important decision you need tranquility and a bit of patience. “Right now, I don’t think you need anything else. Neymar There’s a lot of information from outside, but the truth is what I told you, which is what the doctor told me.” While PSG’s primary concern is having the world’s most expensive player available for their Champions League match next week, in Brazil it is Neymar’s participation at the World Cup that is most important. (AFP)

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