Skip to main content

UAE-Bahrain Investment Forum promotes competitive advantages offered by both countries


Highlighting the deepening UAE-Bahrain bilateral and economic relations, the UAE Embassy in Bahrain recently organised the UAE-Bahrain Investment Forum, bringing together key stakeholders from both Council (GCC) countries.

Discussions focused on strategies the UAE and Bahrain can use to leverage their strengths to enhance private sector investment and drive economic benefits. The Forum held on October 23 provided insights into both countries’ business environment.

Sessions highlighted the significant potential for deeper economic collaboration. The UAE ambassador to Bahrain highlighted the Emirates’ global standing and its success in attracting $31 billion in investments in 2023. The UAE seeks to boost this figure to $150 billion.

Bahrain's lucrative business environment also remained in focus during the event. The Kingdom ranks globally for qualified engineers, first in the Gulf region for technical skills and fourth globally for skilled labour, as per official media reports.
Labels:

Comments

Post a Comment

Popular posts from this blog

UAE and US issue joint statement on cooperation on artificial intelligence

  UAE President Sheikh Mohamed bin Zayed and US President Joe Biden met on Monday in the US during an official visit by the Emirati leader. This visit marks the fourth bilateral meeting between the two leaders during the Biden-Harris administration. During their discussions, Mohamed bin Zayed and Biden reaffirmed the strong UAE-US strategic and defense partnership, explored ways to enhance cooperation in advanced technology and investments, and addressed global and regional issues. Both leaders committed to pursuing further opportunities to strengthen their partnership, promote peace and stability in the Middle East and beyond, and provide global leadership on key shared issues. The UAE-US relationship, spanning five decades, is built on a solid foundation. Building on the vision of Mohamed bin Zayed and Biden to advance safe artificial intelligence, UAE national security advisor Sheikh Tahnoon bin Zayed and US national security advisor Jake Sullivan reaffirmed their countries' coo...
Post a Comment
Read more

Sheikh Khaled bin Mohamed’s official trip to India holds great importance for UAE-India bilateral relations

  His Highness Sheikh Khaled bin Mohamed is making his first official visit to India , accompanied by several UAE ministers and a business delegation. The visit marks a significant step in strengthening UAE-India bilateral relations. Upon his arrival on September 8, Sheikh Khaled was welcomed by India's Commerce and Industry Minister Piyush Goyal. His visit includes a comprehensive agenda, with discussions between Sheikh Khaled and Indian Prime Minister Narendra Modi focusing on key areas of bilateral cooperation. Additionally, Sheikh Khaled is scheduled to meet with Indian President Droupadi Murmu. The ongoing Israel-Hamas conflict may also be part of the dialogue, as reported by NDTV. On the second day, Sheikh Khaled is expected to participate in a business forum in Mumbai, attended by business leaders from both nations, further underscoring the growing trade and investment ties between the UAE and India. The UAE and India have a long-standing relationship, established in 1972, w...
Post a Comment
Read more

International Day of Charity: UAE making philanthropy a sustainable effort as foreign aid surpasses $98 billion

  The UAE is commemorating the "International Day of Charity" on September 5, having provided over Dh360 billion ($98 billion) in foreign aid since its establishment in 1971 through mid-2024. This reflects the nation's leadership in fostering sustainable and inclusive philanthropy. For decades, the UAE has extended significant assistance to countries and communities worldwide, aiming to reduce poverty, promote social and economic development, alleviate the impacts of disasters, and contribute to global peace and security. The International Day of Charity is an annual event dedicated to enhancing global solidarity. It underscores the importance of supporting essential public services like health, education, and housing while assisting global communities in urgent need. Guided by its core values of generosity, solidarity, and volunteerism, the UAE has consistently provided aid to those affected by conflicts, disasters, and crises, regardless of race, religion, or nationali...
Post a Comment
Read more