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Bahrain Daily Tribune 01-11-23
Bahrain Daily Tribune 01-11-23
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HM King hails fallen BDF officer’s ‘courage and bravery’
TDT | Manama
to BD17.6m
H is Majesty King Hamad bin
Isa Al Khalifa, the Supreme
Commander of the Armed Forc-
es, commended Bahrain Defence
Force taskforce’s fallen service-
man, Major Mohammed Salem
Mohammed Anber, for setting
P5 the best examples of courage
and bravery.
HM the King emphasised that
their sacrifices will remain en-
graved in the national memory,
AUB offers as they represent a source of
inspiration for their patriotism
special financing and valour.
facilities His Majesty was speaking as
he received, at the Safriya Palace
at Delmon yesterday, the family of fallen
serviceman, Major Anber, who
HM the King receives Major Anber’s family
Gate’s Tayseer lost his life while undertaking
his patriotic duties within the
the late servicemen and care for
their affairs will always top our
Forces Supreme Commander of-
fered deepest condolences to the
Almighty to rest the souls of the
other fallen servicemen in eter-
hamad for his condolences and
sympathy, wishing him abundant
Exhibition Arab Coalition forces stationed priorities,” HM the King said, af- late serviceman’s family, praying nal peace and bless the wounded health, happiness and long life.
along the southern borders of firming that Bahrain will remain to Allah the Almighty to rest the with speedy recovery, wishing They renewed allegiance and
Saudi Arabia, as part of the Op- strong and advanced, with its soul of the deceased in eternal the Kingdom further progress loyalty to His Majesty, express-
eration Decisive Storm and Op- citizens’ unity, cohesion and sol- peace, and to bless his relatives and glory. The relatives of Ma- ing their pride in their late son
eration Restoring Hope. idary, as well as rallying behind with patience and fortitude. jor Anber extended profound and in all Bahraini fallen ser-
“Interest in the families of their leadership. The Armed He also prayed to Allah the thanks and gratitude to HM King vicemen.
P5
HM King to receive
Jordanian Monarch
TDT | Manama
02
Journey of discovery
Two online scam suspects held
TDT | Manama
ceived cases led to identifying
T he Northern Governorate
Police Directorate has ar-
rested two individuals, 35 and
and arresting the suspects.
The probe revealed that they
reached out to their victims
47, for scam cases, including through social media. Legal
‘Explore Beyond’ project launched to highlight Bahrain’s ‘hidden gems’ pretending to invest money for
double profits.
proceedings were taken, and
the case was referred to the
TDT | Manama An investigation into the re- Public Prosecution.
T he Diplomatic Protocol
Communications, in as-
sociation with The Walt
Disney Publishing and National
Geographic, launched the “Ex- Rain provides
plore Beyond” book and project
on the Kingdom of Bahrain in
the presence of high-level gov-
ernment officials and ambassa- respite from
scorching heat
dors in Manama.
The project aims to highlight
the historical, cultural, geo-
graphical and environmental
features that Bahrain has to of-
fer, and present them to local
and international audiences. From left, Shaikh Khalifa bin Ahmed bin Abdullah Al Khalifa, Bahrain Authority for Culture and Antiquities (BACA)
Speaking at the event, the President, H.E. Dr. Ramzan bin Abdullah Al Noaimi, Minister of Information, and Ahmed Khalid Al Araifi, Chief Executive
founder of Diplomatic Protocol Officer of the National Communication Centre (NCC)
Communications, Janez Lotric,
affirmed that the project is the
culmination of seven years of
work and collaboration between
several bodies, noting the facil-
itations made by the relevant
authorities to make this project
possible.
He added that the project is
meant to answer the questions
of those who want to further
explore the hidden gems of Bah-
rain, showcasing them to tour-
ists and investors from across
the globe.
During the event, a number
of individuals and entities were
awarded in appreciation of their
efforts towards the completion Bahrain teams up with Walt Disney and National Geographic in historic ‘Explore
of the project. Janez Lotric Beyond’ project
FINANCIAL HIGHLIGHTS Condensed Consolidated Statement of Profit or Loss and Other Nine months ended Three months ended
Comprehensive Income for the nine months ended 30 September 2023 30 September 30 September BD’000
for the nine months ended 30 September 2023
Weighted average number of shares outstanding during the Other operating expenses (33,860) (37,357) (11,219) (12,848)
Million 1,652 1,652* 0.0%
period Total expenses (235,860) (228,618) (80,492) (77,794)
Results from operating activities 79,564 69,639 26,012 22,801
Basic and diluted earnings per share for the period Fils 33.6 32.8 2.4% Finance and related income 6,047 3,419 2,145 1,279
Finance and related expenses (17,422) (10,585) (6,151) (4,079)
*Based on actual figures for the year ended 31 December 2022 Other income 898 4,780 225 296
Share of profit / (loss) from equity accounted investees (net) 888 (81) 280 51
Profit before taxation 69,975 67,172 22,511 20,348
Income tax expense (7,148) (5,826) (2,391) (1,887)
Condensed Consolidated Statement Of Financial Position Profit for the period 62,827 61,346 20,120 18,461
BD’000
as at 30 September 2023 Other comprehensive income:
Items that are or may be reclassified subsequently to profit or loss:
30 September 31 December Foreign currency translation differences – foreign operations 587 (13,740) (2,611) (5,550)
ASSETS 2023 2022 Investment fair value changes (debt securities) 28 (155) - 13
(reviewed) (audited) 615 (13,895) (2,611) (5,537)
Items that will not be reclassified to profit or loss:
Non-current assets Investment fair value changes (equity securities) 10,658 (4,049) 6,161 (223)
Property and equipment 339,379 304,210 10,658 (4,049) 6,161 (223)
Right-of-use assets 55,328 56,845 Other comprehensive income, net of tax 11,273 (17,944) 3,550 (5,760)
Total comprehensive income for the period 74,100 43,402 23,670 12,701
Goodwill 134,956 134,738
Profit for the period attributable to:
Other intangible assets 156,913 147,646 Equity holders of the Company 55,544 54,105 17,610 16,252
Equity accounted investees 8,047 7,160 Non-controlling interest 7,283 7,241 2,510 2,209
62,827 61,346 20,120 18,461
Deferred tax assets 7,034 6,671
Total comprehensive income for the period attributable to:
Investments 29,718 17,063 Equity holders of the Company 66,817 36,161 21,160 10,492
Non-controlling interest 7,283 7,241 2,510 2,209
Other non-current assets 7,621 5,076
74,100 43,402 23,670 12,701
Total non-current assets 738,996 679,409 Basic and diluted earnings per share (Fils) 33.6 32.8 10.7 9.8
Current assets
Inventories 8,431 5,582
Trade and other receivables 179,350 158,789 Condensed Consolidated Statement Of Cash Flows BD’000
for the nine months ended 30 September 2023
Investments 291 3,537
Cash and bank balances 215,114 253,844 Operating Activities 2023 2022
(reviewed) (reviewed)
Total current assets 403,186 421,752
Profit for the period 62,827 61,346
Total assets 1,142,182 1,101,161 Adjustment for:
LIABILITIES Non-operating items, including tax 17,625 8,212
Share of (profit) / loss from equity accounted investees (net) (888) 81
Non-current liabilities
Depreciation, amortization and tangible assets impairment 51,139 53,907
Trade and other payables 62,074 45,051 Impairment loss on trade receivables and contract assets 1,190 1,857
Lease liabilities 45,796 47,815 131,893 125,403
Working capital changes:
Loans and borrowings 243,495 228,899
Increase in trade and other receivables (16,235) (20,485)
Deferred tax liabilities 5,542 6,141 (Increase) / decrease in inventories (2,835) 2,139
Total non-current liabilities 356,907 327,906 (Decrease) / increase in trade and other payables (2,536) 1,954
Current liabilities Cash generated from operating activities 110,287 109,011
Trade and other payables 210,548 218,272 Taxes paid (8,117) (6,900)
Payment to charities (2,048) (1,108)
Lease liabilities 9,610 8,066
Net cash from operating activities 100,122 101,003
Loans and borrowings 10,562 4,595 Investing Activities
Total current liabilities 230,720 230,933 Acquisition of property, equipment and intangibles, net of disposal (90,248) (40,423)
Acquisition of business, net of cash acquired (880) -
Total liabilities 587,627 558,839
Net cash from sale of other investments 8,270 12,224
Net assets 554,555 542,322 Interest and investment income received 6,712 6,492
EQUITY Net cash used in investing activities (76,146) (21,707)
Share capital 166,320 166,320 Financing Activities
Dividend paid (57,324) (56,441)
Statutory reserve 86,188 84,060 Payment of lease liabilities (9,165) (8,981)
General reserve 44,000 44,000 Interest paid (13,183) (6,778)
Other reserves (36,549) (47,602) Borrowings drawn, net 20,903 499
Treasury shares (4,346) (4,932) Grant / (purchase) of share- based payment treasury shares, net 312 (280)
Sale of market making shares, net 274 114
Retained earnings 251,791 254,521
Net cash used in financing activities (58,183) (71,867)
Total equity attributable to equity holders of the Company 507,404 496,367
(Decrease)/ increase in cash and cash equivalents during the period (34,207) 7,429
Non-controlling interest 47,151 45,955 Cash and cash equivalents at 1 January 208,903 138,727
Total equity 554,555 542,322 Cash and cash equivalents at 30 September 174,696 146,156
At 1 January 2023 166,320 84,060 44,000 (23,636) (24,670) 704 (3,791) (1,141) 254,521 496,367 45,955 542,322
At 30 September 2023 (reviewed) 166,320 86,188 44,000 (23,049) (13,984) 484 (3,517) (829) 251,791 507,404 47,151 554,555
The condensed consolidated interim financial statements were approved by the Board of Directors on 31 October 2023 and signed on its behalf by:
Abdulla bin Khalifa Al Khalifa Ali bin Khalifa Al Khalifa Mikkel Vinter
Chairman Deputy Chairman Chief Executive Officer
WEDNESDAY, NOVEMBER 1, 2023
04
Insurance nightmare
Mind Matters
Ways to develop
mechanisms to
cope with irritation Victim shares harrowing account of uninsured school van collision
Zahra Ayaz
TDT | Manama
Additionally, when
see more
BTEA plans underway to
our strongly held
beliefs or values
are contradicted perspectives Capital Police
by the actions of arrests serial
and angles to
others, it can trig-
ger a strong emo-
tional response.
Finally, the need the situations
shoplifter increase inbound tourism
to control also
arises from not
trusting others to
helps you feel
do things the way
we want it to be,
less stringent.”
which is also root-
TDT | Manama
ed in not trusting
oneself.
The thumb rule
is there is not just
o n e way t o d o
T he Capital Governo-
rate Police Directorate
announced the arrest of a
things. Therefore 29-year-old person after he
opening yourself broke into a number of res-
to see more per- taurants and shops, stealing
spectives and angles to the situations helps you feel some of their contents, and
less stringent. Mentioning this, there are a few things damaged the security cam- Mr. Fakhro and Dr. Qaedi at the meeting
we can do to cope with irritation when things don’t go era wires in these locations. TDT | Manama edi presented an overview of
our way. First, it’s important to identify our triggers. The estimated value of several key tourism indicators
Once we know what our triggers are, we can start to
develop strategies for coping with them. Ask yourself,
‘Why?’ Why should I have to tell this person to do
the stolen items was around
BD4,000.
The directorate clarified
T he Board of Directors of the
Bahrain Tourism and Exhi-
bitions Authority (BTEA) held
for the period from July to Sep-
tember 2023, as well as BTEA’s
plans regarding marketing and
something? Why do I feel the need to exert control that upon receiving reports its regular meeting, chaired by promotional activities for the
over this situation? After you’ve questioned why, you of theft at these shops, the Minister of Industry and KNOW WHAT tourism sector, in addition to
can begin talking to yourself. Rather than falling to search, investigation and Commerce, Acting Minister updates on the business plans of
your controlling tendencies, you might address the inquiry operations were of Tourism, H.E. Abdullah bin several tourism facilities.
“why.” immediately initiated, in- Adel Fakhro. Dr. Qaedi also reviewed a se-
Second, it’s important to challenge our expectations. cluding inspecting the sites The meeting was attended The meeting reviewed ries of initiatives launched by
Are our expectations realistic? If not, try to adjust and collecting necessary in- by the BTEA’s CEO Dr. Nasser efforts to implement BTEA during the third quarter
them. It’s important to remember that we can’t control formation. Qaedi. of this year, and the planned
everything in life. Acknowledge that there are aspects This led to identifying The meeting discussed topics
current and future tour- implementation of tourism
beyond our control and not everything will go accord- the aforementioned person on its agenda regarding the lat- ism-related projects and and entertainment events and
ing to plans can alleviate distress. Learning to let go and arresting him. Initial est achievements in the tourism events. programs during the fourth
of our need for control can help us to be less irritated. information indicated that sector, while reviewing efforts quarter.
Finally, if we’re struggling to cope with irritation, the person was wearing a underway to implement cur- The board meeting also high-
it’s important to talk to someone. A friend, family face mask during the theft rent and future tourism-related lighted the progress of work in
member, therapist, or counselor can offer support and acts and that he had prior projects and events. ism cooperation was signed. several prominent tourism pro-
guidance. Last but not least self-reflection, introspec- convictions in similar cases. The board reviewed the out- It also reviewed the outcomes jects in the Kingdom, including
tion is essential. The Capital Governorate comes of the recent visit to the of the meetings held by the Exhibition World Bahrain and
Police Directorate stated People’s Republic of China, Authority with several leading plans to further activate the role
that legal procedures were where an MoU between the tourism companies and tour of Vatel Bahrain - International
(The views and opinions expressed in this article are those of the taken and the arrested per- Ministry of Tourism and the operators in the Chinese mar- Hospitality School, in line with
author and do not necessarily reflect the official policy or position of son has been referred to the Chinese Ministry of Culture ket. global developments and the
the Daily Tribune) Public Prosecution. and Tourism to enhance tour- During the meeting, Dr. Qa- needs of the labour market.
WEDNESDAY, NOVEMBER 1, 2023
05
I
to Myanmar’s military regime, building on
Myanmar military earlier sanctions and targeting its ability to buy ran said yesterday it was ment came hours after Teh- use to designate those killed in the fore adding the information to the
“natural” for Tehran-backed ran-backed Huthi rebels in war with Israel -- are listed under computer database.
weapons. The fresh restrictions come more than
groups to attack Israel in light Yemen claimed responsibility one tab, with other dead grouped "People who die of natural caus-
two years after a military coup that also launched a
of its war on Hamas, warning for a drone attack on southern separately. es are not taken to the morgue to
violent campaign against democracy activists.“Burma’s
of a wider spillover if no cease- Israel, with the group vowing "The forensic pathologist be examined by pathologists, un-
military regime has repeatedly harmed civilians in
fire is reached. to continue its attacks. writes out a full report, seals it less the death seems suspect," Dr
air strikes, suppressed pro-democracy movements,
The remarks were made by Shortly afterwards, the Is- and sends it to the office of patient Taaema says.
destroyed homes and infrastructure, and displaced
Iran’s top diplomat Hossein raeli military said its forces management, which is responsi- On October 26, the health
millions of people” since the coup, said the US Treasury
Amir-Abdollahian in Qatar’s intercepted a “surface-to-sur- ble for entering the information in ministry of the Hamas-run gov-
Department, using another name for Myanmar. It added that the latest sanctions
capital Doha where he met face missile” fired towards Is- a database linked to the ministry ernment in Gaza published the
target companies and individuals, including
Russia with Emir Sheikh Tamim bin raeli territory from the area of of health," he adds. names of some 7,000 Palestinians
government officials, who perpetuate or facilitate
Hamad Al-Thani and his Qa- the Red Sea, saying it was “suc- Using the information supplied, killed since the outbreak of war
violence in the Southeast Asian country. says Israeli air tari counterpart to discuss a cessfully intercepted” by the employees of the office of patient with Israel on October 7.
u Russia yesterday condemned increased strikes on Syria push for a diplomatic break- ‘Arrow’ aerial defence system. management fill out a file with The Palestinian death toll from
Israeli air strikes on Syria as “unacceptable,” saying ‘unacceptable’ through. Qatari Foreign Minister Mo-
they risked triggering a spillover of the Israel-Hamas “It is natural that the resist- hammed bin Abdulrahman
war into a wider regional conflict. Russian Foreign ance groups and movements said the pair had discussed
Gaza now a
Minister Sergei Lavrov held a call with his Syrian do not remain silent against “the dangerous escalation of
counterpart Tuesday, in which he stressed Russia’s all these crimes” committed by confrontations in the Gaza
opposition to Israel’s strikes on Syria, and warned Israel, Amir-Abdollahian said Strip and West Bank and the
against any actions that could provoke an escalation in remarks relayed by Iran’s importance of advancing im-
in the “current explosive situation,” Russia’s foreign foreign ministry. mediate ceasefire efforts”, in
ministry said. Israel’s army said it carried out a string “They will not wait for an- a post on X, formerly Twitter.
of air strikes on military targets inside Syria in recent weeks. Concerns of a wider yone’s advice, therefore we “We also stressed the need
thousands
regional conflict are high after Hamas militants stormed over the Gaza border need to use the last political to intensify regional efforts
into southern Israel on October 7, killing some 1,400 people, mostly civilians, and opportunities to stop the war,” to prevent the expansion of
seizing 240 hostages, according to Israeli officials. he said after talks with Sheikh violence and conflict in the
Tamim, warning the situation region,” he said.
SPOTLIGHT
India police charge man over
Jehovah's Witnesses bomb blast Suspected gunman takes AFP | Geneva, Switzerland
hostages in Japan
T he Gaza Strip has become
a graveyard for thousands
of children, the United Na-
tions said yesterday, fearing more
may die of dehydration.
Israel has heavily bombard-
ed Gaza since Hamas gunmen
stormed across the border on
October 7, killing 1,400 people,
mostly civilians, and kidnapping
at least 240 others, including
children, according to Israeli
Dominic Martin, blast scene officials.
New Delhi, India net. Broadcaster NDTV said he The health ministry in Ha-
had spent around 3,000 rupees Police officers guard the area around a post office where a suspected mas-run Gaza said the strikes
($36) to make the bombs. gunman has taken an unknown number of people hostage in Warabi city, have killed 8,525 people, mainly
a 'graveyard' for
in 2015. tiations even before the start Prime Minister Nikolai
“The main focus for the mo- of the COP,” said a member of Denkov on ways to fur-
ment is clearly the loss and his entourage on condition of ther strengthen Black
damage fund,” said French anonymity. Sea security in the face
Energy Minister Agnes Pan- A fossil fuel phaseout is al- of Russian militarization
nier-Runacher. ready implicit in other com- and threats to freedom
The agreement to set up a mitments, including one to tri- of navigation. Ukraine
of children: UN
dedicated fund to help vul- ple renewable energy capacity strengthens global food
nerable countries cope with to 11 terawatts by 2030. security with the alter-
climate “loss and damage” was “If you agree on the 11TW, native Black Sea export
a flagship achievement of last you already agree on reduc- corridor. I appreciate the
year’s COP27 talks in Egypt. ing fossil fuel emissions,” said joint naval demining ini-
But countries left the details Francesco La Camera, Direc- tiative by Bulgaria, Roma-
to be worked out later. tor-General of the Abu Dha- nia, and Turkey. Ukraine
“We were one or two days bi-based International Renew- is ready to take an active
away from an agreement” dur- able Energy Agency. part in relevant efforts.
Hamas says it will free @ZelenskyyUa
foreign hostages ’in the
next few days’ Police open fire at Paris train station
03
AFP | Jerusalem
on woman making ‘threats’
H amas's armed wing said
yesterday it would release
in the coming days some of the
H
foreign hostages in its captivity, appy Halloween
as it vowed to turn Gaza into a from Jill and me!
graveyard for Israel's military. @POTUS
"We have informed intermedi-
aries that we will release a cer-
tain number of foreigners in the 04
next few days," Abu Obeida, a
spokesman for Ezzedine Al-Qa-
ssam Brigades, said in a televised
address. Around 240 hostages
are believed to be held by Hamas
at the moment in Gaza.
A
Five hostages have been re- reminder: the people
leased to date, including four French police officers leave a metro station in power don’t need
after negotiations through a dip- AFP | Paris, France conferences, treaties
lomatic backchannel and one Francois Mitterrand station on or agreements to start
om the rubble of a building in the Nuseirat refugee camp
itarian aid, including water, food, in Gaza, 940 children were
following an operation by the
Israeli army. F rench police yesterday shot the capital’s south bank which
and seriously wounded an was evacuated, the source said.
unarmed woman who was She “refused to follow po-
taking real climate ac-
tion. They can start to-
day. When enough peo-
medical supplies, and fuel. missing. "It's an imminent public health making threats at a train sta- lice orders” and threatened ple come together then
"And if there is no ceasefire, no UN humanitarian agency catastrophe that looms with the tion in Paris during morning “to blow herself up”, the Paris change will come and
water, no medicine, and no re- spokesman Jens Laerke added: mass displacement, the over- rush hour, police and prose- prosecutor’s office said. we can achieve almost
lease of abducted children? Then "It's almost unbearable to think crowding, and the damage to wa- cutors told told AFP. A police officer then fired anything. So instead of
we hurtle towards even greater about children buried under rub- ter and sanitation infrastructure." According to witnesses the a single shot, inflicting a looking for hope - start
horrors afflicting innocent chil- ble, but (with) very little oppor- Israel laid a total siege on Gaza woman, who was completely life-threatening injury to her creating it.
dren," said Elder. tunity or possibility for getting following October 7, cutting off veiled, shouted “Allahu akbar” abdomen, it said. @GretaThunberg
Israel's ambassador in Geneva, them out." The World Health food, fuel, water and power sup- (“God is Greatest”) and “made No explosives or other arms
Meirav Eilon Shahar, told report- Organization said people in Gaza plies to the territory. threats”, the a police source were found on the woman, the
ers on Monday that Hamas was were dying not just from direct From October 21-30 143 trucks said, adding that “police fired police source said.
holding 33 children hostage, the bombardment. carrying food, water and medi- because they feared for their Police have launched two in-
youngest nine months old. "We have 130 premature infants cine entered the Gaza Strip via safety”. vestigations, prosecutors said. Disclaimer: (Views expressed
that are dependent on incubators, the Rafah crossing with Egypt, After passengers on a sub- One will probe the woman’s by columnists are personal and
Infants on incubators of which 61 percent approximate- Laerke said. urban train alerted police, actions, while another is to need not necessarily reflect our
Elder said that according to ly are in the north," said WHO "It remains a drop; it remains agents managed to “isolate” elucidate whether the police’s editorial stance)
figures from health faculties spokesman Christian Lindmeier. unacceptable," said Elder. the woman at the Bibliotheque use of a firearm was justified.
08
AUTOBUZZ
WEDNESDAY, NOVEMBER 1, 2023
autobuzz
Japan Mobility Show in Tokyo
Lexus’s next-generation battery EV LF-ZC concept Japanese automaker Daihatsu’s concept car OSANPO The AFEELA Prototype from Sony Honda Mobility
vehicle project suspended area. with sensors and radars, has possibility of allowing self-
AFP | Tokyo
On Sunday it hit a bicycle that been driving at a maximum driving technologies on public
J
was parked on a roadside, said speed of 12 kilometres (7.5 roads.
apan’s first pilot project local official Norifumi Hiramo- miles) per hour. Japan, which is considering
of a fully autonomous to. The suspension comes just easing a ban on ride-hailing ser-
self-driving vehicle has None of the four passengers days after California authorities vices to alleviate a shortage of
been suspended after a minor was injured and the vehicle de- suspended testing of driverless taxi drivers, aims to allow Level
accident with a parked bicycle, velopers are investigating the cars as robotaxis by General 4 vehicles in 50 locations within
officials said. cause, he said. Motors’s Cruise subsidiary fol- three years.
It is the latest blow to efforts “We are suspending the op- lowing a series of accidents and Chinese automaker BYD’s sports sedan BYD SEAL is displayed during the
worldwide to promote driver- eration until the cause of the other problems. press day of the Japan Mobility Show in Tokyo
less vehicles, a technology with incident becomes clear,” he said. Like other industrial coun-
particular potential benefits in A Fukui police spokesman con- tries, Japan has been AFP | Beijing passing last year's total annual
ageing Japan. firmed the accident caused no exploring the earnings of 16.6 billion yuan.
C
The driverless bus-like vehi- injuries. hina's top electric carmak- Electric vehicle demand has
cle, similar to an electric golf The vehicle, designed to er BYD announced a record soared in recent years in Chi-
cart, started operations in Eihei- avoid obstacles quarterly profit Monday, un- na, which is the world's biggest
ji in Fukui prefecture in central derscoring the firm's growing producer of greenhouse gases
Japan in May. in absolute terms.
dominance in a high-tech sec-
This was after Ja- BYD, whose investors in-
pan last year al- tor that is fiercely contested clude US investment titan
l owe d L eve l 4 by both domestic and foreign Warren Buffet, wants its sales
self-driving ve- competitors. to be dominated by electric
hicles on public The Shenzhen-based firm and hybrid vehicles by 2035.
roads, mean- posted a profit of 10.4 billion
ing that they yuan ($1.42 billion) for the
can oper- July- September period, its
ate only highest-ever earnings during
a single quarter and up 82 BETTER
within
a lim- percent on- year, a statement
ited to the Hong Kong Stock Ex-
change showed. KNOW
The figure was in line with
BYD's previous forecast of be-
tween 9.55 billion yuan and BYD ceased production of
11.55 billion yuan in quarterly
earnings. gasoline-powered cars last
BYD's cumulative net prof- year, and is now focusing
it for January- September exclusively on hybrid and
reached 21.4 billion yuan, more electric models.
than doubling on-year and sur-
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WEDNESDAY, NOVEMBER 1, 2023
10
Saudi Arabia only bidder
This is a gift
for 2034 World Cup
to the whole and 2034 are handed over, they
Argentina team
for what we
achieved
• The bid comes one
year after neighbouring
will be evaluated by FIFA and
put to a vote at two separate
congress meetings at the end
MESSI
Qatar hosted the of 2024.
first World Cup in But the absence of any com-
the Middle East petition leaves little room for
suspense, while also raising
• Saudi Arabia
announced its intention
numerous questions about the
environmental impact of the
2030 event and the compati-
to bid for the 2034 bility of the 2034 tournament
event on October 4 with FIFA's human rights com-
mitments.
•Indonesia
At one stage,
had
Saudi Arabia was initially
interested in bidding for the
2030 World Cup alongside
considered a joint Egypt and Greece but that
bid with Australia idea was abandoned in June,
leaving the path open for the
tri-continental bid.
AFP | Lausanne, Switzer- Saudi Arabia announced its
land intention to bid for the 2034
event on October 4, as soon
Ballon d'Or
which will be shared between Australia, which successful-
Spain, Portugal and Morocco, ly hosted the Women's World
with three matches in South Cup this year, was also a con-
America. tender but withdrew its inter-
The bid comes one year after est on Monday following the
neighbouring Qatar hosted the Asian Football Confederation's
first World Cup in the Middle decision to back the Saudi bid.
East, where the Saudi national "We have explored the op-
team scored a stunning group portunity to bid to host the
stage victory over eventual FIFA World Cup and — having
winners Argentina. taken all factors into consider-
Barcelona’s Argentinian forward Lionel Messi reacting as he receives the Ballon d’Or football award (from L to R) for the year 2009 in Boulogne-Billancourt,
outside Paris, on December 6, 2009; for the year 2010 in Zurich, on January 10, 2011; for the year 2011 in Zurich on January 9, 2012; for the year 2012 in Zurich on
January 7, 2013; for the year 2015 in Zurich on January 11, 2016; for the year 2019 in Paris on December 2, 2019; for the year 2021 in Paris on November 29, 2021; for
the year 2023 in Paris on October 30, 2023.
AFP | Paris, France David Beckham, the co-owner the treble of English Premier Messi will struggle to hold off
of Inter Miami. League, FA Cup and Champions the next wave of superstars, led
11
A
on Tuesday. The Saudi player, who clinched coaches, my family and friends. that are a legacy of the world l Ahli powered to a re- with 14, while Salman Alkaabi
T h e Sa u d i p l a y e r, w h o the winning goal in his team’s It's been amazing," the Chelsea cup held almost exactly one year sounding 78-63 victory was their only other player in
clinched the winning goal in upset win against Argentina in player and all-time Australia top ago. over Samaheej last night in double figures with 11.
his team's upset win against Ar- the 2022 World Cup, fought off goal scorer said as she accepted "The AFC is delighted to be the 2023/2024 Zain Bahrain With the result, Ahli claimed
gentina in the 2022 World Cup, competition from Australia’s the award in a video message. able to bring the Asian football Basketball League. their first win of the new sea-
fought off competition from Mathew Leckie and Qatar’s The annual awards ceremony, family together in the stunning Ahli went ahead early and son, having bounced back from
Australia's Mathew Leckie and Almoez Ali to win AFC male player which had been due to be held city of Doha," AFC President made the most of their talent a surprising loss to Nuwaidrat
Qatar's Almoez Ali to win AFC of the year. in Qatar in 2020, returned after Shaikh Salman bin Ebrahim Al and size advantage, with Sa- in their opener. Samaheej, on
male player of the year. a four-year hiatus because of the Khalifa said. maheej playing without an the other hand, suffered their
overseas professional. second straight defeat, having
Ahli raced out to a quick 19- previously bowed to defending
13 lead at the end of the first champions Manama in their
Israel Euro
2024 qualifiers
Zverev through in three, Fritz quarter and never looked back. first game.
A lexander Zverev beat qual- TDT | Manama ing champions Dar Kulaib, Al
T wo of Israel’s home
qualifying matches for
the Euro 2024 finals have
ifier Marton Fucsovics in
three sets yesterday at the Paris
Masters as ninth seed Taylor M u h a r ra q e a s e d p a s t
Ma’ameer 3-0 (25-19,
Dair, Nabih Saleh, Busaiteen
and A’ali; while Group B also
features Al Najma, Al Ahli,
been moved to Hungary for Fritz pulled out through injury 25-15, 25-20) last night in Tadhamun, Al Shabab and
security reasons due to the after earlier reaching the sec- their week two contest of the Etehad Al Reef.
Israel-Hamas conflict, UEFA ond round. 2023/2024 Isa bin Rashid Bah- League action continues to-
announced yesterday. The German 10th seed came rain Volleyball League. night with Ahli facing Tadha-
Sitting third in Group I, back from one set down to beat Muharraq were the aggres- mun at 6pm in Group B and
Israel had been due to play Hungarian Fucsovics 4-6, 7-5, sors from the beginning as they then Busateein playing Nabih
Switzerland on November 6-4 in the round of 64 at Bercy secured their second straight Saleh at 7.30pm in Group A.
15 and Romania three days Arena. win, while Ma’ameer suffered Fo l l ow i n g a s i n g l e
later in Israel. Both match- Zverev is still seeking to se- a second loss. round-robin, the top three
es will now be played in cure his place among the top In another week two con- teams from each group qualify
Felcsut in Hungary. eight who will go on to the ATP Germany’s Alexander Zverev celebrates after winning his men’s singles match test, Al Nasser claimed their for the top six, while the re-
The three teams are close- Finals in Turin next month. against Hungary’s Marton Fucsovics second successive triumph mainder play in a bottom-tier
ly tied for the two automatic After this victory, the 2021 hit when he was forced to retire his place in the second round after beating Bani Jamra 3-1 league.
qualifying places. Romania champion sits seventh just be- with an abdominal injury. alongside Felix Auger-Alias- (25-23, 22-25, 25-21, 25-23) in The top six will then play
have 16 points from eight hind Stefanos Tsitsipas and 430 On Monday, the ninth seed sime, who toppled Jan-Lennard Group B. two rounds, with the top four
games, the Swiss 15 from points ahead of ninth-placed had comfortably beaten Argen- Struff in two sets. The 14 participating clubs making it through to the Gold-
seven and Israel 11 from six. Hubert Hurkacz. tine Sebastian Baez 6-1, 6-4. Later in the evening, world this season have been divid- en Square semi-finals. There,
Israel wrap up their quali- American Taylor Fritz’s The 11th-seeded Hurkacz number two Carlos Alcaraz will ed into two groups for the the top seeds play the fourth
fying campaign away to An- chances of qualifying for the saw off Sebastian Korda 6-3, 6-7 take on Russian qualifier Ro- league's preliminary stage. and the second seeds take on
dorra November 21. tour’s showpiece event took a (6/8), 6-3 on Tuesday to book man Safiullin on centre court. Group A also includes defend- the third.
12
Third Nasser bin Hamad Amateur Cycling Tour kicks off today
TDT | Manama edition will be different from Ministry of Interior, confirmed
the previous two editions, given during the press conference that
A stacked field of 36
cars will be lining up
on the grid at Bahrain
International Circuit ( BIC )
this weekend for this year’s Bap-
in 2019.
This year, the
Hypercar category
will be more hotly
contested than ever.
Resta, Jean-Eric Verge and An-
tonio Giovinazzi in the Hypercar
category; and Robert Kubica and
Daniil Kvyat in the LMP2 class,
among others.
chinery.
Among the participants is the
all-female crew of Sarah Bovy,
Michelle Gatting and Rahel Frey,
who are sharing the duties in
co Energies 8 Hours of Bahrain. Pit crew members of LMGTE Am team D'Station Racing conduct a practice pit stop with their Toyota Gazoo Racing The LMP2 category will see their Porsche 911 RSR-19 as the
The ultra-competitive entry Aston Martin Vantage AMRand Peugeot TotalEn- plenty of heated action amongst Iron Dames team.
list for the final round of the ergies will be making The other squads competing
2023 FIA World Endurance felt in Sakhir in a massive way. open from 11am to 6.30pm on their return to Bahrain, and they in Porsches are Project 1- AO ,
Championship (WEC) is set to The action starts tomor- Friday and from 10.30am to will be joined in the Hypercar BETTER Iron Lynx, Dempsey-Proton
be headlined by a record-break- row with the WEC’s first two 10.30pm on Saturday. battles for the first time at BIC by Racing and GR Racing.
ing 12 Hypercars, along with 90-minute practice sessions This year’s Bapco Energies 8 Ferrari AF Corse, Porsche Pen- Taking to the track in Ferrari
11 contenders in the Le Mans to be held behind closed Hours of Bahrain will yet again ske Motorsport, Cadillac Rac- KNOW 488 GTE EVO cars are two AF
Prototype 2 ( LMP2) class and doors. be a brilliant spectacle for all ing, Floyd Vanwall Racing Team, Corse crews, Kessel Racing and
another 13 in the Le Mans Grand BIC will then open its gates to those attending and watching on Hertz Team JOTA, and Proton Richard Mille AF Corse.
Touring Endurance Am (LMGTE fans on Friday and Saturday for television from across the globe. Competition. ORT by TF , Northwest AMR
Am) category. them to see endurance motor- The race on Saturday will flag Toyota Gazoo Racing, Peugeot Twelve Hypercars are set for and D’Station Racing will each
The world-class competitors sport’s best teams and drivers in off under the afternoon sun and TotalEnergies, Ferrari AF Corse a record-breaking fight in the be competing in Aston Martin
will be hitting the tarmac at action in their iconic and tech- then wrap up beneath the stars and Porsche Penske Motorsport World Endurance Championship's Vantage AMR challengers; while
“The Home of Motorsport in nologically superior Hypercars while shining brightly under will each have two cars taking top-tier category at “The Home of Corvette Racing will be getting
the Middle East” as the Spirit and sportscars. BIC’s state-of-the-art floodlights. to the track—all Hybrids. Hertz Motorsport in the Middle East” this into the fight in their Chevrolet
of Le Mans makes its presence Gates are scheduled to be With over a decade of racing Team JOTA, Proton Competi- weekend Corvette C8.R.
S
Pakistan
haheen Shah Afridi grabbed desh on Tuesday to stay afloat in a hundred in the tournament. feated to complete the modest
three wickets while openers the race for a World Cup semi-fi- Abdullah Shafique lbw b Miraz 68 He fell leg-before to spinner chase. Miraz finished with 3-60,
Fakhar Zaman and Abdullah nal place. Fakhar Zaman c Hridoy b Miraz 81 Mehidy Hasan Miraz while the only bright spot in Bangla-
Shafique cracked half-centuries Shaheen's 3-23 helped Paki- Azam holed out to the same desh's bowling.
Babar Azam c Mahmudullah b Miraz 9
stan dismiss Bangladesh for just bowler for nine. "Two more matches hopefully
204 in 45.1 overs before Zaman's Mohammad Rizwan not out 26 Zaman, who recovered from we can bounce back. The fans
74-ball 81 and Shafique's 69-ball Iftikhar Ahmed not out 17 a knee injury to replace Imam- supported us and are behind us
68 guided Pakistan over the line Extras: (lb2, w2) 4 ul-Haq in one of three chang- whether we are doing well or
for the loss of three wickets with es for Pakistan, smashed seven not," said Bangladesh captain
105 balls to spare. Total: (for three wkts, 32.3 overs) 205 sixes and three boundaries, his Shakib Al Hasan.
The victory revived Pakistan's Did not bat: Saud Shakeel, Agha Salman, Shaheen Shah Afridi, Usama 16th ODI fifty, but first after 11
outside hopes of reaching the Mir, Mohammad Wasim, Haris Rauf innings.
semi-finals with six points from Fall of wickets: 1-128 (Shafique), 2-160 (Azam), 3-169 (Zaman) He holed out
seven matches. to Miraz in
They still need to win against Bowling: Taskin 6-1-36-0, Islam 4-1-25-0 (1w), Miraz 9-0-60-3, Rahman the 28th over
New Zealand (November 4 in 7-0-47-0 (1w), Shakib 5.3-0-30-0, Shanto 1-0-5-0 but Moham-
Bengaluru) and England (Kol- Result: Pakistan won by seven wickets Bangladesh
kata on November 11) and also fans react
hope other results go their event with just one win from "We know when Fahkar plays
way if they are to stay in the seven games. the way he can for 20-30 overs it
tournament. "We are trying to win our next is a different ball game. So we let
In contrast, Bangladesh two matches and let's see where him play his natural game and it
became the first side to we stand. We will take a lot of is good to see."
crash out of the 10-team confidence into those match- Needing to improve their net
Pakistan's Shaheen Shah Afridi celebrates es," said Pakistan skipper Babar run-rate, Zaman and Shafique
after taking the wicket of Bangladesh's Tanzid Azam who singled out Zaman cruised to 128 by the 22nd over.
Hasan for special praise. Shafique hit nine boundaries
Hon. Chairman Najeb Yacob Alhamer | Chairman & Managing Director P Unnikrishnan | Editor-in-Chief Mahmood Al Mahmood
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