The Egyptian-Bahraini Governmental Committee has created a state of momentum for bilateral relations drives us to work together and double the investment and trade rates

We witnessed together significant improvement in the rates of Egyptian-Bahraini economic activities in the tourism sector during the past two years

We have a common vision that the private sector is the Egyptian-Bahraini Cooperation Locomotive to promote mutual investments and achieve sustainable development

We look forward to hosting an economic forum to exchange investment opportunities between the Egyptian and Bahraini business community during the next phase

Exchange of experiences and knowledge and unification of some visions between our institutions for a common system aimed at improving bilateral relations

We will work to strengthen cooperation in the areas of policies and financial reforms that support stability and sustainable economic growth

We look forward to expanding Bahraini investments in the financial and technological sectors and special economic zones

The Minister of Finance and National Economy stresses the importance of continuing efforts to develop cooperation and deepen the distinguished strategic partnership between the Kingdom of Bahrain and the Arab Republic of Egypt in all fields

 

 

The Egyptian-Bahraini Governmental Committee for Trade, Economic, Scientific and Technological Cooperation held its second meeting today in the Kingdom of Bahrain, under the chairmanship of His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, and Ahmed Kouchouk, Minister of Finance of the Arab Republic of Egypt.

 

Minister of Finance, Ahmed Kouchouk, confirmed that the Egyptian-Bahraini Governmental Committee for Economic, Commercial, Scientific and Technological Cooperation has created a state of momentum for bilateral relations, pushing us to work together and double investment and trade rates, explaining that the Egyptian-Bahraini talks witnessed at the second meeting of the Committee today were "positive and constructive", and pave the way for greater cooperation that enhances the economic competitiveness of the two countries.

 

He added, in his speech during the meeting of the Egyptian-Bahraini Governmental Committee for Economic, Commercial, Scientific and Technological Cooperation in the Kingdom of Bahrain, that together we have witnessed a tangible improvement in the rates of Egyptian-Bahraini economic activities, especially in the tourism sector during the past two years. He pointed out that we have a common vision that the private sector is the locomotive of Egyptian-Bahraini cooperation to promote mutual investments and achieve sustainable development. Egypt looks forward to hosting an economic forum to exchange investment opportunities between the Egyptian and Bahraini business communities during the next phase.

 

The Minister pointed to the importance of exchanging experiences and knowledge and unifying some visions between Egyptian and Bahraini institutions for a joint system aimed at upgrading bilateral relations, saying, "We will work to enhance cooperation in the areas of financial policies and reforms that support stability and sustainable economic growth, including exchanging experiences in developing the state's public financial management, reducing public debt and raising the efficiency of spending," explaining that we look forward to expanding Bahraini investments in the financial and technological sectors and special economic zones.

 

At the beginning of the meeting, His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, welcomed the Egyptian Minister of Finance and the accompanying delegation, stressing the depth of the strong brotherly relations between the Kingdom of Bahrain and the Arab Republic of Egypt and their continuous growth and development at all levels.

 

He pointed out the importance of continuing the efforts exerted in order to develop cooperation and deepen the distinguished strategic partnership between the two brotherly countries in all fields, in light of the care and attention they receive from His Majesty King Hamad bin Isa Al Khalifa, King of the country, and his brother, His Excellency President Abdelfattah ElSisi, President of the Arab Republic of Egypt, and the diligent follow-up from His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Prime Minister, and his brother Dr. Mustafa Madbouly, Prime Minister of the Arab Republic of Egypt.

 

 

During the meeting, they reviewed a number of important topics related to economic, commercial, scientific and technological cooperation, which aim to achieve further progress and prosperity for the benefit of the two brotherly countries, in addition to discussing ways to enhance bilateral cooperation in a number of vital topics and areas, in addition to reviewing the growth of trade exchange, investment opportunities and the exchange of experiences, expertise and best practices in various fields between the two sides.

 

The two sides agreed on the importance of joint endeavors to deepen bilateral cooperation and coordination and distinguished partnership, to achieve the desired economic growth for the benefit of the two brotherly countries and peoples.

 

The meeting was attended by Dr. Rania Al-Mashat, Minister of Planning, Economic Development and International Cooperation, Hassan Al-Khatib, Minister of Investment and Foreign Trade, and a number of officials from both sides.

 

On the Bahraini side, Mr. Hamad bin Faisal Al-Maliki, Minister of Cabinet Affairs, Mrs. Noor bint Ali Al-Khalif, Minister of Sustainable Development, President of the Economic Development Board, Mrs. Fatima bint Jaafar Al-Serafi, Minister of Tourism, Mr. Abdullah bin Adel Fakhro, Minister of Industry and Commerce, Mr. Samir Abdullah Nas, President of the Bahrain Chamber of Commerce and Industry, and  Sheikh Abdullah bin Khalifa Al Khalifa, CEO of Bahrain Mumtalakat Holding Company.