06/11/2025 01:41 AST

Sustainability Forum Middle East on Wednesday announced the Bahrain Ship Repairing and Engineering Company (BASREC) as a Forum Partner for its upcoming fourth edition, set to take place on January 27-28, 2026 at the Four Seasons Hotel, Bahrain.

The forum, held in the presence of Dr Mohamed bin Mubarak Bin Daina, Minister of Oil and Environment and Special Envoy for Climate Affairs, and with the support of the Supreme Council for Environment, will focus on "Advancing Alignment, Innovation, and Implementation for Energy and Climate Transformation."

BASREC's partnership underscores the company's strong commitment to advancing sustainability within Bahrain's maritime and industrial sectors. As one of the most experienced companies of its kind in the region, BASREC brings decades of expertise in ship repair and allied engineering services, alongside a wide range of additional mechanical solutions including small boat repairs, container inspection and repair, and the maintenance of marine and industrial pumps, said a statement.

BASREC joins a growing roster of influential partners of the Forum, dedicated to examining national and regional net-zero commitments and the critical role of the private sector in achieving them. With more than 400 regional business leaders, policymakers, and sustainability experts expected to attend, the Forum will provide a dynamic platform for cross-sector collaboration and dialogue - including keynote addresses, panel discussions, and hands-on workshops designed to foster innovation and deliver actionable outcomes for the region's climate and energy transformation.

Narjis Almoosawi, Acting Chief Executive of BASREC, said: "We are proud to partner with Sustainability Forum Middle East for its 2026 edition. BASREC's legacy in ship repair and engineering services is matched by our commitment to adopting sustainable practices and supporting Bahrain's wider transition to a low-carbon economy. This partnership provides us with an important platform to connect with industry peers and global leaders, and to contribute meaningfully to the dialogue on energy transformation and climate action in the region."

Laila Danesh, Managing Director of FinMark Communications, the Forum's Founder and Organiser, said: "We are delighted to welcome BASREC as a Forum Partner. Their long-standing expertise in the maritime and engineering sectors, combined with their commitment to sustainability, makes them an invaluable contributor to the Forum. With BASREC's participation, we look forward to advancing impactful conversations and building stronger partnerships that drive innovation and accelerate climate and energy transformation across the region."

The forum's 2026 agenda will bring together senior decision makers, policymakers, and sustainability leaders for a dynamic program of keynotes, fireside chats, and panel discussions. Topics will range from national sustainability strategies and climate diplomacy, to unlocking climate finance, advancing regulatory frameworks, scaling breakthrough technologies, integrating clean energy systems, valuing nature through carbon and biodiversity markets, and building institutional capacity to deliver and sustain impact across the region.


Trade Arabia

Basrec partners with Lumofy to build future-ready workforce

22/12/2025

Bahrain Ship Repairing & Engineering Company (BASREC) has signed a strategic agreement with Lumofy, an AI-powered talent development and competency management platform, as part of its commitment to a

Trade Arabia

Bahrain Ship Repairing and Engineering Company Cash Dividend Recommend

27/02/2014

The Board of Directors (BOD) of Bahrain Ship Repairing and Engineering Company B.S.C. (BASREC) agreed in its meeting held on Wednesday 26/2/2014, to recommend the following distribution to its shareh

Press Release

Profit rises 62pc

30/03/2009

Bahrain Ship Repairing and Engineering Company recorded a profit of BD3.7 million last year, a 62 per cent increase over the same period in 2007.

The company is offering dividend worth BD

Gulf Daily News

Ticker Price Volume
BASREC Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
SALIK 6.00 0.05 (0.84%)
AIRARABIA 4.41 -0.07 (-1.57%)
PARKIN 5.79 0.17 (3.02%)
DIC 3.46 0.01 (0.28%)
NIND.DFM 3.35 0.00 (0.00%)
NBK launches a new suite of updates and enhancements to its Mobile Banking App

01/01/2026

As part of its steadfast commitment to delivering a best-in-class digital banking experience, National Bank of Kuwait (NBK) announced the launch of a suite of qualitative updates and enhancements to

Kuwait Times

Bank Muscat successfully manages OMR200mn Sovereign Sukuk Issuance

01/01/2026

Bank Muscat announced that it successfully managed series 10 of the Sovereign Sukuk Issuance launched by Oman Sovereign Sukuk Company, with a total value of OMR200 million. The sukuk carries a 7-yea

ONA

Bank Nizwa closes $519m Omani sovereign sukuk issue

01/01/2026

Oman's Bank Nizwa has announced that it had successfully closed the 10th series of local currency sovereign sukuk worth RO200 million ($519 million) acting as the joint issue manager and collecting b

Trade Arabia

ACWA Power agrees to buy stakes in 5 China wind power projects

01/01/2026

ACWA Power Co has announced its entry into China after securing more than 1 gigawatt (GW) of renewable energy projects, according to a stock exchange disclosure.

The company said it received

Trade Arabia

Saipem snaps up $600m Saudi Aramco offshore contracts

01/01/2026

Saipem, a global leader in the engineering and construction of major projects, has announced that it has been awarded two offshore contracts worth $600 million in Saudi Arabia, known as Contract Rele

Trade Arabia