Latest news with #AlSadeh
Daily Tribune
09-07-2025
- Business
- Daily Tribune
Bahrain, Hungary launch bilateral investment protection agreement
The Agreement between the Government of the Kingdom of Bahrain and the Government of Hungary for the Promotion and Protection of Investments officially enters into force yesterday. This agreement underscores the strong and expanding bilateral relationship between Bahrain and Hungary, particularly in financial, economic, and investment sectors. It aims to promote sustainable cooperation and joint initiatives, reflecting both nations' shared commitment to fostering promising investment opportunities that contribute to mutual prosperity. Strong commitment Nawaf Hashem Al Sadeh, Assistant Undersecretary, International Cooperation Affairs at the Ministry of Finance and National Economy, noted that Bahrain is strongly committed to broadening its international cooperation to attract foreign direct investment, support joint ventures, and create quality economic opportunities for its citizens. He emphasised that the ministry has concluded over 40 investment promotion and protection agreements, ensuring robust safeguards for investments and the unrestricted transfer of capital, profits, and returns in freely convertible currencies between the two countries. Al Sadeh further underscored that the agreement guarantees fair and prompt compensation to investors in cases of expropriation for public interest.
Biz Bahrain
08-07-2025
- Business
- Biz Bahrain
Bahrain and Hungary launch bilateral investment protection agreement
The Agreement between the Government of the Kingdom of Bahrain and the Government of Hungary for the Promotion and Protection of Investments officially enters into force today, Monday, 7 July 2025. This agreement underscores the strong and expanding bilateral relationship between Bahrain and Hungary, particularly in financial, economic, and investment sectors. It aims to promote sustainable cooperation and joint initiatives, reflecting both nations' shared commitment to fostering promising investment opportunities that contribute to mutual prosperity. Nawaf Hashem Al Sadeh, Assistant Undersecretary, International Cooperation Affairs at the Ministry of Finance and National Economy, noted that Bahrain is strongly committed to broadening its international cooperation to attract foreign direct investment, support joint ventures, and create quality economic opportunities for its citizens. He emphasised that the ministry has concluded over 40 investment promotion and protection agreements, ensuring robust safeguards for investments and the unrestricted transfer of capital, profits, and returns in freely convertible currencies between the two countries. Al Sadeh further underscored that the agreement guarantees fair and prompt compensation to investors in cases of expropriation for public interest, in line with legal procedures, and establishes clear dispute-resolution mechanisms to address any conflicts between an investor and a host state, or between the two contracting governments, aimed at reinforcing investor confidence and promoting a secure and stable investment environment. For further information on Bahrain's international investment agreements, please visit the Ministry of Finance and National Economy's official website: BNA(R)
Trade Arabia
21-03-2025
- Business
- Trade Arabia
HK investment deal to boost Bahrain financial sector
The Investment Promotion and Protection Agreement inked between the Government of the Kingdom of Bahrain and the Government of the Hong Kong Special Administrative Region will come into effect today (March 21). The agreement reflects the strong and growing ties between Bahrain and Hong Kong, particularly in the financial, economic, and investment sectors. It aims to create new and sustainable opportunities for cooperation and joint initiatives while reinforcing both sides' commitment to expanding investment prospects that support economic growth and prosperity, reported BNA. Nawaf Hashem Al Sadeh, Assistant Undersecretary for International Cooperation at the Ministry of Finance and National Economy, emphasised Bahrain's commitment to fostering international partnerships to attract foreign direct investment, encourage joint ventures, and create high-value opportunities for citizens. The ministry, he stated, actively facilitates investment agreements, with nearly 40 agreements signed to date, ensuring safeguards for investors, the free movement of capital, and the transfer of profits and returns in freely convertible currencies between the contracting states. Al Sadeh further highlighted that these agreements provide guarantees, including fair and prompt compensation for investors in cases of expropriation for the public interest, in accordance with established legal procedures.
Zawya
21-03-2025
- Business
- Zawya
HK investment deal to boost Bahrain financial sector
Bahrain - The Investment Promotion and Protection Agreement inked between the Government of the Kingdom of Bahrain and the Government of the Hong Kong Special Administrative Region will come into effect today (March 21). The agreement reflects the strong and growing ties between Bahrain and Hong Kong, particularly in the financial, economic, and investment sectors. It aims to create new and sustainable opportunities for cooperation and joint initiatives while reinforcing both sides' commitment to expanding investment prospects that support economic growth and prosperity, reported BNA. Nawaf Hashem Al Sadeh, Assistant Undersecretary for International Cooperation at the Ministry of Finance and National Economy, emphasised Bahrain's commitment to fostering international partnerships to attract foreign direct investment, encourage joint ventures, and create high-value opportunities for citizens. The ministry, he stated, actively facilitates investment agreements, with nearly 40 agreements signed to date, ensuring safeguards for investors, the free movement of capital, and the transfer of profits and returns in freely convertible currencies between the contracting states. Al Sadeh further highlighted that these agreements provide guarantees, including fair and prompt compensation for investors in cases of expropriation for the public interest, in accordance with established legal procedures. They also outline mechanisms for dispute resolution between investors and the contracting states, as well as between the states themselves, thereby reinforcing investor confidence and ensuring a secure and stable investment environment.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Biz Bahrain
21-03-2025
- Business
- Biz Bahrain
Bahrain-Hong Kong investment agreement to take effect on March 21
The Investment Promotion and Protection Agreement between the Government of the Kingdom of Bahrain and the Government of the Hong Kong Special Administrative Region will come into effect on Friday, March 21. The agreement reflects the strong and growing ties between Bahrain and Hong Kong, particularly in the financial, economic, and investment sectors. It aims to create new and sustainable opportunities for cooperation and joint initiatives while reinforcing both sides' commitment to expanding investment prospects that support economic growth and prosperity. Nawaf Hashem Al Sadeh, Assistant Undersecretary for International Cooperation at the Ministry of Finance and National Economy, emphasised Bahrain's commitment to fostering international partnerships to attract foreign direct investment, encourage joint ventures, and create high-value opportunities for citizens. He noted that the ministry actively facilitates investment agreements, with nearly 40 agreements signed to date, ensuring safeguards for investors, the free movement of capital, and the transfer of profits and returns in freely convertible currencies between the contracting states. Al Sadeh further highlighted that these agreements provide guarantees, including fair and prompt compensation for investors in cases of expropriation for the public interest, in accordance with established legal procedures. They also outline mechanisms for dispute resolution between investors and the contracting states, as well as between the states themselves, thereby reinforcing investor confidence and ensuring a secure and stable investment environment. For more information on Bahrain's investment agreements, visit the Ministry of Finance and National Economy's website at BNA(R)
