A Real Gem: In Bahrain, Only Natural Pearls Will Do

Faten Mattar is one of the first women to work in the family business, one of the oldest pearl shops in Bahrain. (AFP)
Faten Mattar is one of the first women to work in the family business, one of the oldest pearl shops in Bahrain. (AFP)
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A Real Gem: In Bahrain, Only Natural Pearls Will Do

Faten Mattar is one of the first women to work in the family business, one of the oldest pearl shops in Bahrain. (AFP)
Faten Mattar is one of the first women to work in the family business, one of the oldest pearl shops in Bahrain. (AFP)

Customers at a Bahrain jewellery store study displays of pearls that are, unusually, 100 percent natural -- the result of attempts to preserve a centuries-old industry.

While rare elsewhere, natural pearls prised from seabed oysters by divers are the only variety produced in the Gulf kingdom, which is fiercely proud of its pearling tradition.

Bahrain is the sole country worldwide to have banned the cultivation of artificial pearls, which have flooded the market since the 1920s.

"We can't mass-produce," said Faten Mattar, who works at the family-run jewellery shop, told AFP.

It can take up to five years to complete one strand of a necklace by sourcing pearls directly from divers, she said, admitting it is "a challenge".

And larger pieces, which can go for up to $25,000, might take more than a decade to complete.

But with no two natural pearls identical, Mattar said that was part of the appeal.

"Each person... who owns or gets a piece of jewellery that contains natural pearls knows no one else has the same."

Mattar is one of the first women to work in a family business which was established more than two centuries ago, making it one of the oldest in Bahrain.

Pearls adorn bracelets, necklaces, cufflinks and other items in the small store.

"One of our goals... is to make pearls more attainable for everyone, so we created different lines instead of having just big pieces," she explained, mentioning designs for men and "daily jewellery for a younger crowd".

Cultured 'shock'

Like other Arab Gulf states, Bahrain's economy before the discovery of oil had relied on pearl harvesting.

Bahraini free-divers would spend months aboard traditional dhows, the wooden sailboats that have plied Gulf waters for centuries, to capture pearls prized by the region's royal families as well as European fashion houses.

But the natural pearl trade crashed after the Great Depression of the 1930s and the development in Japan of cultured pearls, artificially propagated in freshwater mussels, which are cheaper and easier to produce.

Muharraq, in Bahrain's north, is home to "the last remaining complete example of the cultural tradition of pearling", according to UNESCO, with a heritage site featuring oyster beds and a fortress where dhows used to set off.

Today, young gemologists at the Bahrain Institute for Pearls and Gemstones (DANAT) -- nestled among the capital Manama's skyscrapers -- scrutinize pearls using modern machinery or the naked eye.

One researcher passes a pearl through an X-ray machine under the watch of Fatima Almahmood, a graduate in physics and gemology.

The X-ray detects "growth lines" that distinguish natural pearls from cultured ones, she explained, pointing to an image of the scan projected onto a screen.

Created in 2017, DANAT appraises pearls at the request of merchants and individuals.

"You'd be surprised by how many clients come to DANAT that have inherited pieces and are then shocked to know... (they) contain cultured pearls," says Noora Jamsheer, who heads the research center.

Apart from appraisal, DANAT also monitors conditions in the water where natural pearls are harvested.

Jamsheer said climate change is a cause for concern.

"We have a research team that is continuously going to the field, researching and collecting data -- the water temperature, water quality, salinity -- to determine and study the impact of these factors."



Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
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Türkiye TPAO, Shell Sign Deal to Carry out Exploration Work offshore Bulgaria

A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)
A Shell logo is seen at a gas station in Buenos Aires, Argentina, March 12, 2018. (Reuters)

Türkiye Petrolleri (TPAO) has signed a partnership agreement with Shell to carry out exploration work in Bulgaria's maritime zone, the Turkish energy ministry and British oil major said on Wednesday.

European Union member Bulgaria, which had been totally dependent on Russian gas until 2022, has been seeking to diversify its gas supplies and find cheaper sources, Reuters reported.

TPAO and Shell will jointly explore the Khan Tervel block, located near Türkiye's Sakarya gas field, and will hold a five-year licence in Bulgaria's exclusive economic zone, Minister Alparslan Bayraktar said.

Shell will continue as operator of the block, while TPAO will take a 33% interest in the licence, a Shell spokesperson said.

Since the start of this year, TPAO has signed energy cooperation agreements with ExxonMobil, Chevron and BP for possible exploration work in the Black Sea and the Mediterranean.

In April, Shell signed a contract with Bulgaria's government to allow the oil major to explore 4,000 square metres in the block.


Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
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Saudia Signs Strategic Partnership Agreement with Six Flags and Aquarabia Qiddiya City

udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA
udia will develop special travel packages designed to enable visitors to experience world-class attractions - SPA

Saudia Airlines has signed a five-year strategic partnership with Six Flags and Aquarabia Qiddiya City, becoming the official premier partner exclusively in the airline category.

As part of the partnership, Saudia will develop special travel packages designed to enable visitors to experience world-class attractions. The collaboration also brings the spirit of Six Flags and Aquarabia Qiddiya City to the skies through special aircraft branding across Saudia’s fleet, SPA reported. 

Chief Marketing Officer of Saudia Group Khaled Tash said in a press release: "Saudia is committed to supporting national development projects as part of its contribution to Vision 2030, aligned with our strategy to bring the world to the Kingdom. Partnerships of this scale with national partners play a key role in positioning Saudi Arabia as a leading global destination for entertainment and tourism."

Park President of Six Flags and Aquarabia Qiddiya City Brian Machamer added: "Our partnership with Saudia not only reflects a shared ambition to connect the Kingdom to the world through world-class entertainment experiences, but strengthens our ability to attract visitors from around the world and realize our vision of setting a new global benchmark for immersive, world-class theme park entertainment and reinforcing Saudi Arabia’s growing presence on the global tourism stage."

Six Flags Qiddiya City sets a new benchmark for exceptional entertainment regionally and globally. Spanning six iconic themed lands, the theme park takes visitors on an immersive journey across 28 rides and attractions designed to world-class standards. Beyond the scale and diversity of its offerings, Six Flags Qiddiya City stands out for pushing the boundaries of engineering and entertainment, featuring five exclusive, record-breaking rides that have redefined global benchmarks. Leading these innovations is Falcons Flight, the roller coaster that has captured global attention as the fastest, tallest, and longest in the world.

Aquarabia Qiddiya City delivers a distinctive aquatic entertainment experience, offering 22 rides and water attractions, along with a man-made river designed for both relaxation and family-friendly water fun. For guests seeking privacy and elevated comfort, Aquarabia features 91 luxury cabanas, positioning the destination as a fully integrated leisure offering that redefines water-based entertainment to the highest international standards.

Located in the Tuwaiq Mountains near Riyadh, Qiddiya City is an emerging destination bringing together entertainment, sports, and culture. Six Flags and Aquarabia Qiddiya City form part of its entertainment offering.


Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
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Moody’s Establishes Regional HQ in Riyadh, Deepening Presence in Region

(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)
(FILES) Signage for Moody's Corporation is displayed at their headquarters at 7 World Trade Center on March 18, 2025 in New York City. (Photo by ANGELA WEISS / AFP)

Moody’s Corporation announced that it has established its regional headquarters in Riyadh, reflecting ongoing commitment to support the development of the Kingdom’s capital markets and economy.

“This investment aligns to the Kingdom's Vision 2030 initiative and underscores its dynamism and growth,” Moody’s said in a statement this week.

The new regional headquarters marks an expansion of Moody’s presence in Saudi Arabia, where the company first opened an office in 2018, and reflects its longstanding commitment to the Middle East.

“The headquarters will strengthen Moody’s engagement with Saudi institutions and enable broader access to Moody’s decision grade data, analytics and insights,” said the statement.

“Our decision to establish a regional headquarters in Riyadh reflects our confidence in Saudi Arabia’s strong economic momentum, as well as our commitment to helping domestic and international investors unlock opportunities with our expertise and insights,” said President and Chief Executive Officer of Moody’s Rob Fauber.

“We are well positioned to provide the analytical capabilities and market intelligence that investors and institutions need to navigate evolving markets across the Middle East,” the statement quoted him as saying.

Mahmoud Totonji will lead the regional headquarters as General Manager.