Bahrain-Russia economic cooperation
The Minister of Industry and Commerce, H.E. Mr. Abdulla bin Adel Fakhro, met with Russia's Minister of Economic Development, H.E. Mr. Maxim Reshetnikov, during his official visit to Bahrain.
The two sides discussed strengthening bilateral relations and enhancing economic cooperation. Minister Fakhro highlighted Bahrain's position as an attractive global investment hub, supported by a businessfriendly environment and government incentives.
They also reviewed Bahrain's upcoming participation as Guest of Honor at the St. Petersburg International Economic Forum this June.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
5 days ago
- Daily Tribune
Bahrain-Russia economic cooperation
The Minister of Industry and Commerce, H.E. Mr. Abdulla bin Adel Fakhro, met with Russia's Minister of Economic Development, H.E. Mr. Maxim Reshetnikov, during his official visit to Bahrain. The two sides discussed strengthening bilateral relations and enhancing economic cooperation. Minister Fakhro highlighted Bahrain's position as an attractive global investment hub, supported by a businessfriendly environment and government incentives. They also reviewed Bahrain's upcoming participation as Guest of Honor at the St. Petersburg International Economic Forum this June.
Daily Tribune
5 days ago
- Daily Tribune
Bahrain and Saudi Arabia Strengthen Economic Ties in High-Level Business Council Talks
Abdullah bin Adel Fakhro, Minister of Industry and Commerce, held talks yesterday with a delegation from the Saudi side of the Bahraini-Saudi Joint Business Council, in the presence of Mr. Mohammed Abdul Jabbar Al Kooheji, Second Vice President of the Bahrain Chamber of Commerce and Industry, and a number of Chamber members. They discussed the depth of the strategic relations between Bahrain and Saudi Arabia and ways to strengthen the bonds of cooperation. The meeting also reviewed the most prominent joint efforts to enhance trade and investment exchange and expand the horizons of economic partnership. Focus was also on key joint initiatives and projects, enhance economic diversification and create new investment opportunities. The importance of continuing joint work to achieve the desired economic integration and further enhance cooperation in various fields was emphasized.
Daily Tribune
5 days ago
- Daily Tribune
Russia invites Bahrain to tap emerging market opportunities
TDT | Manama Russia's Minister of Economic Development, Maxim Reshetnikov, emphasized the vast untapped potential in tourism and investment between Russia and Bahrain during a press briefing at the Four Seasons Hotel in Manama. His official visit precedes Bahrain's upcoming participation as a guest country at the prestigious St. Petersburg International Economic Forum (SPIEF) this June. 'Bahrain is still relatively undiscovered by Russian tourists,' Reshetnikov noted. 'It offers premium services, modern infrastructure, and an appealing climate — all at competitive rates.' He highlighted how the complementary weather between the two nations creates ideal conditions for year-round travel in either direction. With direct flights now available between Bahrain and Moscow, both sides are optimistic that travel exchanges will expand — boosting not only tourism but also people-to-people connectivity. The minister also extended an open invitation to Gulf investors, including those from Bahrain, to take advantage of evolving opportunities in the Russian economy. 'With many Western firms exiting our markets, new spaces have opened up, especially in sectors like green energy, agriculture, manufacturing, and advanced technologies,' Reshetnikov said.
