Latest news with #JointBusinessCouncil
Daily Tribune
3 days ago
- Business
- Daily Tribune
Bahrain, Saudi boost integration
TDT | Manama Bahrain and Saudi Arabia are reinforcing efforts to deepen economic integration, as His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, met with the Saudi-Bahraini Joint Business Council and H.E. Naif bin Bandar Al-Sudairi, the Saudi Ambassador to Bahrain, at Gudaibiya Palace yesterday. HRH the Crown Prince and Prime Minister praised the Joint Business Council for enhancing bilateral coordination in investment and economic fields, citing its critical role in driving shared development objectives between the two Gulf neighbours. Strategic backing HRH affirmed that the long-standing Bahrain-Saudi partnership continues to be strengthened through the support of His Majesty King Hamad bin Isa Al Khalifa and King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques. The meeting also underscored the strategic backing of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia, who supports efforts to fortify regional cooperation and joint investment initiatives. HRH Prince Salman highlighted the pivotal role of the Saudi-Bahraini Coordination Council in aligning economic priorities and furthering the mutual interests of both nations. H.E. Al-Sudairi expressed appreciation for Bahrain's commitment to strengthening bilateral ties and conveyed his best wishes for the Kingdom's continued growth and prosperity. Also present at the meeting were HH Shaikh Mohammed bin Salman bin Hamad Al Khalifa, H.E. Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, along with several senior officials.
Daily Tribune
4 days ago
- Business
- Daily Tribune
Bahrain, Saudi push strategic Economic Partnership
TDT | Manama Bahrain and Saudi Arabia have taken a new step in advancing economic integration, launching a raft of joint sectoral committees and strategic initiatives at the eighth meeting of their Joint Business Council held in Manama on Wednesday. The meeting brought together ministers, diplomats and business leaders from both nations, reflecting the intensifying drive to harmonise commercial frameworks under Bahrain's Economic Vision 2030 and Saudi Arabia's Vision 2030. Shared path forward H.E. Abdullah bin Adel Fakhro, Bahrain's Minister of Industry and Commerce, described the bilateral relationship as a unique model of Gulf integration that transcends borders. He noted the Kingdom's enhanced investment landscape and welcomed the decision to treat Bahraini products as local within the Saudi market, calling it a 'landmark enabler' of economic fusion. Saudi Ambassador to Bahrain H.E. Nayef bin Bandar Al-Sudairi echoed the call for joint execution, saying the council is one of the arms through which the aspirations of both leaderships can be transformed into sustainable economic growth.
Egypt Today
24-05-2025
- Business
- Egypt Today
Egypt, Czech Republic explore trade and investment opportunities
Egyptian and Czech flag pins - file CAIRO - 24 May 2025: Ambassador to the Czech Republic Mahmoud Afifi met with President of the Czech Chamber of Commerce Zdeněk Zajíček to discuss ways to boost trade exchange and create new export opportunities for Egyptian products in the Czech market, while also working to increase bilateral investment. During the meeting, Afifi outlined the key steps taken by the Egyptian government to improve the investment climate and attract foreign capital. He highlighted the availability of diverse investment opportunities across multiple sectors, supported by major national infrastructure projects and the establishment of specialized industrial zones, all contributing to facilitating both domestic and international trade. The ambassador stressed the importance of building on the current growth in trade volume between the two countries and maintaining the momentum through regular visits by business delegations, joint trade and investment events, and consistent promotion of investment opportunities. He also underscored the value of existing institutional frameworks such as the Joint Economic Committee and the Joint Business Council. Zajíček affirmed the strong interest of Czech companies already operating in Egypt in expanding their presence and investments. He also noted growing interest from new Czech businesses in entering the Egyptian market, citing the attractive incentives provided by the Egyptian government and the country's strategic position as a gateway to Arab and African markets through its network of regional free trade agreements.
Sharjah 24
22-04-2025
- Business
- Sharjah 24
Abdullah bin Zayed, Sri Lankan FM discuss boosting ties
Strengthening bilateral relations The two ministers discussed the strong ties of friendship between the UAE and Sri Lanka and explored ways to enhance bilateral cooperation, particularly in development-focused sectors. Expanding economic and developmental cooperation The talks also covered opportunities to expand collaboration in key areas such as the economy, trade, tourism, and sustainable development. H.H. Sheikh Abdullah praised the distinguished relations between both nations and affirmed their shared commitment to leveraging mutual strengths. Exchange of regional and international Views Both sides exchanged perspectives on several regional and international issues of common interest, reinforcing their mutual understanding and cooperation in global affairs. Establishing UAE-Sri Lanka Joint Business Council Following their discussions, His Highness Sheikh Abdullah and Minister Herath witnessed the signing of a Memorandum of Understanding between the Federation of UAE Chambers of Commerce and Industry and the National Chamber of Commerce of Sri Lanka. The agreement aims to establish the UAE-Sri Lanka Joint Business Council, enhancing economic ties and facilitating business collaboration. Attendees The meeting was attended by Ahmed Ali Al Sayegh, Minister of State; Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs; Abdullah Ahmed Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability Affairs; and Khaled Nasser Al Ameri, UAE Ambassador to Sri Lanka.
Gulf Today
22-04-2025
- Business
- Gulf Today
UAE, Pakistan sign key MoUs to deepen bilateral cooperation
Sheikh Abdullah Bin Zayed Al Nahyan, Deputy Prime Minister and Minister of Foreign Affairs, on Monday met in Islamabad with Ishaq Dar, Deputy Prime Minister and Foreign Minister of Pakistan. During the meeting, the two top diplomats discussed bilateral relations and explored ways to further strengthen cooperation across various fields, serving the mutual interests of both nations. Sheikh Abdullah and Ishaq Dar also reviewed a number of key issues related to the strategic UAE-Pakistan partnership and discussed opportunities to enhance collaboration in several vital sectors. Sheikh Abdullah emphasised the deep-rooted friendship between the UAE and Pakistan, noting the shared commitment to reinforcing ties across sectors that support the developmental priorities of both countries. He expressed his eagerness to work closely with Ishaq Dar to further advance this distinguished relations and wished Pakistan and its people continued prosperity and progress. The meeting concluded with the signing of two Memoranda of Understanding (MoUs) and one agreement between the two countries. Sheikh Abdullah and Ishaq Dar signed an MoU to establish a Joint Consular Affairs Committee. The two ministers also signed an agreement to boost cultural cooperation between the UAE and Pakistan. Additionally, Sheikh Abdullah and Ishaq Dar witnessed the exchange of an MoU to establish a UAE-Pakistan Joint Business Council. The MoU was exchanged by Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs, and Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry. The meeting was also attended by Ahmed Bin Ali Al Sayegh, Minister of State; Saeed Mubarak Al Hajeri, Assistant Minister for Economic and Trade Affairs; Abdulla Balalaa, Assistant Minister of Foreign Affairs for Energy and Sustainability, and Hamad Obaid Al Zaabi, UAE Ambassador to the Islamic Republic of Pakistan. WAM
