logo
Bahrain and Egypt Strengthen Economic Ties with Expanded Flights and Strategic Partnerships

Bahrain and Egypt Strengthen Economic Ties with Expanded Flights and Strategic Partnerships

Daily Tribune23-02-2025

Bahrain is set to boost tourism and trade with Egypt by increasing flights between the two nations as part of a broader strategy to deepen economic ties.
Minister of Finance and National Economy, H.E. Shaikh Salman bin Khalifa Al Khalifa, highlighted this initiative during a press conference in Manama yesterday.
The announcement follows discussions at the second meeting of the Bahraini-Egyptian Governmental Committee for Trade, Economic, Scientific, and Technological Cooperation, where officials reviewed ways to enhance bilateral relations.
Economic Goals
H.E. Shaikh Salman outlined Bahrain's target of raising trade volume with Egypt beyond $1 billion, focusing on key sectors such as industry, digital services, and tourism.
Plans are also underway to strengthen collaboration in financial technology and student exchange programmes, reinforcing the strategic partnership between both countries.
A business forum in Cairo is also in the pipeline, providing a platform for investors and stakeholders to explore opportunities for trade and investment.
The initiative aims to drive sustainable economic growth, leveraging the long-standing relationship between Bahrain and Egypt.
Meanwhile, Shaikh Khalid bin Ali bin Abdulla Al Khalifa, Deputy Chairman of the Supreme Judicial Council and President of the Court of Cassation, concluded an official visit to Egypt alongside Attorney General Dr. Ali bin Fadhel Al Buainain.
The delegation engaged in high-level talks with Egyptian judicial leaders, including Supreme Judicial Council President Hosni Abdel Latif, Justice Minister Adnan Fangary, and Attorney General Mohamed Shoukry.
The discussions focused on reinforcing judicial cooperation, implementing international agreements, and integrating technology into the legal system.
A twinning declaration was signed between the Bahraini and Egyptian Courts of Cassation to facilitate judicial knowledge exchange, while an MoU was inked to advance legal training, expertise sharing, and professional development for prosecutors.
Strategic Initiatives
As part of their visit, Bahraini officials toured the Criminal Research and Training Institute at Egypt's Public Prosecution, gaining insights into its academic and training programmes.
They also attended the launch of Egypt's Public Prosecution Training Strategy, a technology-driven initiative designed to develop legal professionals.
The engagements underscore Bahrain's commitment to strengthening ties with Egypt across multiple sectors, solidifying their partnership in economic and judicial cooperation for long-term mutual benefit.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Bahrain Builds Crypto Hub
Bahrain Builds Crypto Hub

Daily Tribune

time3 hours ago

  • Daily Tribune

Bahrain Builds Crypto Hub

TDT | Manama As Bitcoin rebounds globally, Bahrain is quietly building its own digital gold rush. Supported by progressive regulation and hightech infrastructure, the Kingdom is emerging as a serious contender in the global cryptocurrency mining market, and one Bahraini firm says it is only the beginning. Rising global role Crypto Miners, a company specialising in the sale, installation, and maintenance of mining equipment, says the sector's growing momentum within Bahrain is helping reinforce the Kingdom's position as a competitive regional hub with global potential. The company believes this development is also drawing more foreign direct investment into Bahrain's digital economy. 'Bahrain's financial ecosystem and regulatory clarity give us the ability to grow sustainably and export our services abroad,' said Wassim Saaduddin, Technical Sales Manager at Crypto Miners. He added that the Kingdom is uniquely placed to serve as a launchpad for international crypto operations, thanks to its policy stability and infrastructure. Infrastructure and awareness At the core of Crypto Miners' strategy is a vision to localise this high-tech industry, building critical infrastructure , training Bahraini talent , and supporting knowledge transfer. The company also sees awareness as essential to sustainable sector growth, and says it actively runs public engagement campaigns to help familiarise Bahrainis with digital currencies and blockchain. 'As part of our corporate social responsibility, we're committed to raising awareness about digital assets and creating safe, reliable investment pathways,' Saaduddin noted. Aligned with national vision Crypto Miners says its longterm efforts are in full alignment with Bahrain's Economic Vision 2030, which prioritises innovation, digital transformation, and sustainable growth. The company believes that positioning Bahrain as a regional and global leader in crypto mining is not only realistic, but already in progress. With firms like Crypto Miners anchoring the sector, Bahrain appears to be gaining traction in a space once dominated by much larger economies.

Kingdom congratulates Jordan on Accession Day
Kingdom congratulates Jordan on Accession Day

Daily Tribune

time3 hours ago

  • Daily Tribune

Kingdom congratulates Jordan on Accession Day

Representatives Speaker Ahmed bin Salman Al Musallam and Shura Council Chairman Ali bin Saleh Al Saleh sent two congratulatory cables to Ahmad Al Safadi, Speaker of House of Representatives, and Faisal Akef Al Fayez, President of the Jordanian Senate, on His Majesty King Abdullah II's accession to the throne anniversary. Al Musallam and Al Saleh praised the depth of the Bahraini-Jordanian bilateral relations and cooperation, supported by His Majesty King Hamad bin Isa Al Khalifa, and His Majesty King Abdullah II of Jordan. The Speaker and Chairman also sent similar cables to His Excellency Rami Saleh Wreikat Al Adwan, Jordanian Ambassador to Bahrain.

Crypto Miners: Cryptocurrency Mining in Bahrain Reinforces Its Global Industry Leadership
Crypto Miners: Cryptocurrency Mining in Bahrain Reinforces Its Global Industry Leadership

Biz Bahrain

timea day ago

  • Biz Bahrain

Crypto Miners: Cryptocurrency Mining in Bahrain Reinforces Its Global Industry Leadership

Crypto Miners, a leading company specializing in the sale, installation, and maintenance of cryptocurrency mining equipment, stated that the growing momentum of mining operations—particularly Bitcoin and other digital currencies—within Bahrain is significantly enhancing the kingdom's status as a competitive regional hub and an influential player in the global cryptocurrency market. This progress is also contributing to the attraction of increased foreign direct investment into this promising sector. The company highlighted that Bahrain's progressive financial ecosystem and well-structured legislative framework, coupled with a rising societal awareness of digital economy concepts, form a solid foundation for companies to enter and thrive in the cryptocurrency domain. Crypto Miners pointed out that Bahrain's balanced regulatory environment, supported by advanced tech infrastructure, provides an ideal foundation for the sustainable growth of the cryptocurrency mining sector. These conditions enable Bahraini firms not only to flourish locally but also to export their expertise and services to international markets. Mr. Wassim Saaduddin, Technical Sales Manager at Crypto Miners, underscored the company's ongoing support for the development of the cryptocurrency mining sector in Bahrain, noting that this commitment stems from a strong belief in Bahrain's potential to emerge as a global centre for digital currency mining. Mr. Saaduddin said, 'Crypto Miners operates under a comprehensive vision focused on localizing this high-tech industry, establishing the required infrastructure, and facilitating the transfer of knowledge through the training of skilled national talent.' Mr. Saaduddin further added, 'As part of its corporate social responsibility, Crypto Miners is committed to enhancing public awareness of digital currencies across various segments of Bahraini society. We actively engage in educational initiatives and awareness campaigns, while also striving to provide safe and reliable investment opportunities in the sector. Through our strategic efforts, we aim to contribute to positioning Bahrain as a regional and global leader in cryptocurrencies and blockchain technologies—an objective that fully aligns with the Kingdom's Economic Vision 2030, which prioritizes innovation and digital transformation.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store