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13 Dec, 2021

HH Shaikh Nasser bin Hamad chairs Third nogaholding board meeting

HH Shaikh Nasser bin Hamad chairs Third nogaholding board meeting

His Majesty the King’s Representative for Humanitarian Work and Youth Affairs and Oil and Gas Holding Company (nogaholding) Chairman His Highness Shaikh Nasser bin Hamad Al Khalifa has today presided over the third meeting of the board of directors.

HH Shaikh Nasser bin Hamad was updated on the plans drawn by the executive management to enhance the productivity of the operating companies and conserve natural resources to achieve the sustainability of the energy sector and engage the private sector to meet the goals of the 2030 Bahrain Economic Vision.

He stressed the company’s drive to achieve the Kingdom’s aspirations by developing investments and upgrading the energy sector, which represents a driving engine to spur growth and achieve HM the King’s aspirations.

The board discussed the reports of the operating companies and was updated about progress of work on the infrastructure projects and plans to structure firms operating in the oil and sectors towards supporting the national economy.