Latest news with #AbdullaAdelFakhro
Observer
7 days ago
- Business
- Observer
Oman, Bahrain explore strengthening ties
MUSCAT: Faisal bin Abdullah al Rawas, Chairman of Oman Chamber of Commerce and Industry (OCCI), on Tuesday received Abdulla Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain. The two sides discussed ways to enhance trade and investment cooperation between Oman and Bahrain, expanding opportunities for private sector partnerships in both countries through joint ventures and knowledge exchange, contributing to bilateral relations and economic integration. The meeting also reviewed opportunities in key economic sectors of mutual interest and explored mechanisms to activate the private sector's role in establishing joint projects that support economic development in both nations. Al Rawas emphasised the significant progress in economic relations between Oman and Bahrain, expressing hope that this meeting would lead to further initiatives boosting trade and investment cooperation while opening new avenues for business owners in promising economic sectors. He highlighted the private sector's pivotal role in driving future cooperation through strategic partnerships and high-quality projects that align with both countries' development visions — "Oman Vision 2040" and "Bahrain 2030" — while praising the efforts of the Oman-Bahrain Investment Company and the Oman-Bahrain Friendship Society in strengthening bilateral ties. The meeting was attended by several OCCI board members, executive officials and representatives from both sides. - ONA
Times of Oman
7 days ago
- Business
- Times of Oman
Oman, Bahrain explore strengthening industrial partnership
Muscat: Qais Mohammed Al Yousef, Minister of Commerce, Industry, and Investment Promotion, today received Abdulla Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain. The two sides discussed ways to enhance collaboration between Omani and Bahraini factories by leveraging available production inputs in both countries. They also explored joint promotion of industrial products to attract foreign investments and enhance the competitiveness of national industries in regional and international markets. Both ministers emphasized the importance of implementing memorandums of understanding signed between the two nations, which were among the outcomes of the historic visit of King Hamad bin Isa Al Khalifa of the Kingdom of Bahrain to the Sultanate of Oman in January 2025. They also stressed the need to build on existing agreements to further develop industrial and trade cooperation. The meeting was attended by Pankaj Khimji, Advisor for Foreign Trade and International Cooperation at the Ministry of Commerce, Industry, and Investment Promotion, Dr. Jumaa Ahmed Al Kaabi, Bahrain's Ambassador to Oman, along with several officials from both sides.
