Bahrain Chamber expands German links
TDT| Manama
A call for stronger cooperation in the digital economy and expanded investment links with Germany took centre stage as Bahrain Chamber Chairman Sameer Nass led a high-level delegation to Berlin this week.
Speaking at the Arab-German Chamber (Ghorfa) board meeting, Nass underscored the urgent need for joint initiatives to foster innovation-driven growth amid global challenges.
Nass highlighted the EURO62.1 billion trade between Germany and Arab nations in 2023, describing it as a solid base for deeper engagement. He noted that Bahrain-Germany trade alone amounted to $656 million during the same period.
Digital Focus
The Chamber's chairman stressed that digital cooperation must be a cornerstone of future Arab-German relations. 'To sustain economic growth, we need to look beyond traditional sectors and embrace the digital economy,' he said during the event in Berlin.
Nass also pointed to significant opportunities to expand trade and investment despite macroeconomic headwinds, suggesting that Germany and the Arab world should jointly explore forward-looking sectors.
Strategic Role
The Bahrain Chamber delegation took part in the 28th Arab-German Business Forum, which focused on sustainable integration and long-term partnerships. First Vice-Chairman Khalid Najibi addressed the gathering, noting Bahrain's role as an investment gateway to the Gulf.
He called for deeper ties with Germany, especially in renewable energy and technology, and stressed that Bahrain's geographic and regulatory advantages make it a natural partner for German businesses looking to enter the region.
Future Growth Path Secretary- General of the Union of Arab Chambers, Dr. Khaled Hanafy, urged a shift from conventional trade towards technology transfer and joint investments. 'Sustainable development requires us to move together into new economic territory,' he said, echoing the Chamber's position.
The meetings are expected to lay the groundwork for follow-up agreements, especially in future-oriented sectors like digital infrastructure and clean energy.
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