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Daily Tribune
09-07-2025
- Business
- Daily Tribune
Bahrain Secures British Investment
Carbon-linked deal drives momentum • USD 250m in three years • New £2bn sustainability pact • Growth in trade, logistics, tech Bahrain has quietly become one of the UK's fastest-growing economic gateways in the Gulf, securing over USD 250 million in British investment over the past three years, with a bold £2 billion private-sector deal now steering focus toward green growth and industrial reinvention. The announcement came during a high-level visit to the United Kingdom by a Bahraini delegation led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of the Bahrain Economic Development Board (EDB). The delegation met with British businesses and investors, showcasing opportunities in Bahrain's evolving financial, ICT, tourism, and education sectors. Strategic Expansion Ties between the two kingdoms have intensified in recent years, with the Strategic Investment and Collaboration Partnership (SIP2) signed in June marking a major step forward. The agreement commits over £2 billion from the Bahraini private sector into projects linked to carbon reduction and sustainability. It follows the UK's inclusion in the Comprehensive Security Integration and Prosperity Agreement (C-SIPA), which aligns the two countries on economic integration and technology partnerships. 'Bahrain remains a trusted gateway for UK companies seeking growth in the Middle East, backed by a business-friendly environment, agile regulation, and high-growth sectors,' said H.E. Noor bint Ali Alkhulaif. 'The increased confidence from UK investors is a testament to our enduring partnership, and we look forward to building on this momentum.' Future-Focused Sectors The EDB's visit also features two panel discussions in collaboration with the Financial Times under the theme 'Shaping the Next Generation of Manufacturing and Logistics Hubs'. The sessions will explore how supply chain shifts, sustainability mandates, and technology trends are influencing decisions about where global companies site their facilities. UK-based firms such as Standard Chartered, HSBC, Deloitte, Reckitt Benckiser, and the University of Strathclyde already have a presence in Bahrain. Their footprint reflects the Kingdom's appeal as a base for expansion across the Gulf. Non-oil trade between Bahrain and the UK rose by 45 percent in 2024, reaching USD 645 million from USD 443 million the year before. The growth adds further weight to Bahrain's positioning as a regional node for innovation-driven, low-carbon, and service-based industries.
Biz Bahrain
09-07-2025
- Business
- Biz Bahrain
Bahrain EDB Attracts Over USD 250 Million in Investment from the UK
The Bahrain Economic Development Board (Bahrain EDB) reported it has attracted over USD 250 million in investment from United Kingdom-based companies in the past three years (2022-2024) spanning across key sectors including financial services, ICT, education and tourism. This milestone achievement underscores Bahrain's growing appeal as a strategic investment destination and highlights the strengthening economic ties between Bahrain and the United Kingdom. The announcement was made during a visit to the UK aimed at showcasing Bahrain's investment opportunities to British businesses and investors. Led by H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain EDB, the trip included senior officials from the Kingdom's investment promotion agency, engaging in meetings with potential investors and participating in curated events focused on trends in manufacturing, and logistics. H.E. Noor bint Ali Alkhulaif, Minister of Sustainable Development, Chief Executive of Bahrain Economic Development Board (Bahrain EDB) said: 'Bahrain has long cultivated strong global partnerships, with a focus on economic cooperation and trade. The inclusion of the United Kingdom in the Comprehensive Security Integration and Prosperity Agreement, along with the recent signing of the Strategic Investment and Collaboration Partnership (SIP2) with Bahrain in June 2025, will support economic growth and job creation in both countries marking a significant milestone—deepening our collaboration across security, economic integration, and technological innovation.' H.E. added: 'Bahrain remains a trusted gateway for UK companies seeking growth in the Middle East, backed by a business-friendly environment, agile regulation, and high-growth sectors. The increased confidence from UK investors is a testament to our enduring partnership, and we look forward to building on this momentum.' During the visit, the Bahrain EDB, in collaboration with the Financial Times, will curate two panel discussions about 'Shaping the Next Generation of Manufacturing and Logistics Hubs'. Both sessions will explore global shifts in tariffs, supply chains, technology, and sustainability, emphasising how companies are reevaluating and relocating manufacturing and logistics hubs to optimise resources and market responsiveness. Bahrain's longstanding relationship with the UK continues to deepen across multiple priority sectors. The two nations recently signed a second Strategic Investment and Collaboration Partnership (SIP2) involving over £2 billion in investment from the Bahraini private sector, targeting carbon reduction and sustainable development projects. Bilateral non-oil trade saw a significant growth of 45% in 2024, reaching USD 645 million compared to USD 443 million in 2023. Prominent UK companies operating in Bahrain include Standard Chartered, HSBC, Howden, Deloitte, Ernst & Young, Reckitt Benckiser, PwC, the University of Strathclyde, and Conexus Resources Group.
Zawya
08-07-2025
- Business
- Zawya
Bahrain EDB draws over $250mln in investments from UK
The Bahrain Economic Development Board (Bahrain EDB) has attracted over $250 million in investments from United Kingdom-based companies in the past three years (2022-2024) spanning across key sectors including financial services, ICT, education and tourism. This milestone achievement underscores Bahrain's growing appeal as a strategic investment destination and highlights the strengthening economic ties between Bahrain and the United Kingdom, it stated. The announcement was made during a high-level EDB delegation visit to the UK led by Noor bint Ali Alkhulaif, Minister of Sustainable Development and Chief Executive of Bahrain EDB, where they showcased Bahrain's investment opportunities to British businesses and investors. The trip included senior officials from the kingdom's investment promotion agency, engaging in meetings with potential investors and participating in curated events focused on trends in manufacturing, and logistics. Speqking at the meeting, Ali Alkhulaif said Bahrain has long cultivated strong global partnerships, with a focus on economic cooperation and trade. "The inclusion of UK in the Comprehensive Security Integration and Prosperity Agreement, along with the recent signing of the Strategic Investment and Collaboration Partnership (SIP2) with Bahrain in June, will support economic growth and job creation in both countries marking a significant milestone—deepening our collaboration across security, economic integration, and technological innovation," she stated. Bahrain, she stated, remains a trusted gateway for UK companies seeking growth in the Middle East, backed by a business-friendly environment, agile regulation, and high-growth sectors. "The increased confidence from UK investors is a testament to our enduring partnership, and we look forward to building on this momentum," she added. During the visit, the Bahrain EDB, in collaboration with the Financial Times, will curate two panel discussions about 'Shaping the Next Generation of Manufacturing and Logistics Hubs'. Both sessions will explore global shifts in tariffs, supply chains, technology, and sustainability, emphasising how companies are re-evaluating and relocating manufacturing and logistics hubs to optimise resources and market responsiveness. Bahrain's longstanding relationship with the UK continues to deepen across multiple priority sectors. The two nations recently signed a second SIP2 involving over £2 billion in investment from the Bahraini private sector, targeting carbon reduction and sustainable development projects. Bilateral non-oil trade saw a significant growth of 45% in 2024, reaching $645 million compared to $443 million in 2023. Prominent UK companies operating in Bahrain include Standard Chartered, HSBC, Howden, Deloitte, Ernst & Young, Reckitt Benckiser, PwC, the University of Strathclyde, and Conexus Resources Group.-TradeArabia News Service Copyright 2024 Al Hilal Publishing and Marketing Group Provided by SyndiGate Media Inc. (
Daily Tribune
20-06-2025
- Business
- Daily Tribune
Strategic Breakthrough
TDT | Manama HRH CP Unlocks UK Alliance, Secures Landmark Pact His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has cemented a new chapter in relations with the United Kingdom, during a visit that saw the signing of major defence and investment deals and renewed calls for regional de-escalation. His Royal Highness met with the UK's new Prime Minister Sir Keir Starmer at No. 10 Downing Street yesterday. The talks were among the first held by the newly elected British government with a foreign leader. Both sides reaffirmed the momentum in Bahrain–UK ties, driven by economic cooperation and strategic alignment on regional issues. HRH Prince Salman noted the steady growth in bilateral relations under the leadership of His Majesty King Hamad bin Isa Al Khalifa and His Majesty King Charles III. Major deals signed The two countries signed a Strategic Investment and Collaboration Partnership (SIP2) expected to channel £2 billion from Bahrain's private sector into the UK. The funds will target sectors including financial services, technology, manufacturing, and carbon reduction initiatives. A Defence Cooperation Accord was also signed, aiming to deepen interoperability between Bahrain and the UK armed forces. The agreement will build on joint naval operations and strengthen commitments to regional peace and security. The agreements were signed in the presence of senior ministers including His Excellency Shaikh Salman bin Khalifa Al Khalifa, Bahrain's Minister of Finance and National Economy, and UK Chancellor Rachel Reeves, along with Bahrain's Minister of Defence Affairs Lieutenant General Abdullah bin Hassan Al Nuaimi and UK Defence Secretary John Healey.
Biz Bahrain
20-06-2025
- Business
- Biz Bahrain
Bahrain and UK sign Second Strategic Investment and Collaboration Partnership (SIP2)
In the presence of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, and as part of HRH's official visit to the United Kingdom, the Kingdom of Bahrain and the United Kingdom signed the Second Strategic Investment and Collaboration Partnership (SIP2). The agreement was signed by Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, on behalf of Bahrain, and Rachel Reeves, Chancellor of the Exchequer, on behalf of the United Kingdom. Shaikh Salman bin Khalifa emphasised the strength of the longstanding relations between Bahrain and the United Kingdom, and the steady progress across various domains. He highlighted the mutual commitment to advancing cooperation, particularly in finance and economy. He noted that the SIP2 will support economic growth and job creation in both countries, particularly in shared priority sectors such as financial services, technology, industry, and decarbonisation efforts. As part of the partnership, the Bahraini private sector will invest £2 billion in the United Kingdom to support projects that contribute to carbon reduction and sustainable development. Shaikh Salman bin Khalifa highlighted that the agreement marks a new milestone in economic cooperation between the two countries. It also aligns with Bahrain's efforts to enhance a dynamic and attractive investment environment and boost the competitiveness of its national economy. He further noted that the UK's accession to the Comprehensive Security Integration and Prosperity Agreement (C-SIPA), following an invitation from Bahrain and the United States, will reinforce economic and strategic ties and create new opportunities that benefit both countries and their peoples. Shaikh Salman bin Khalifa underscored the importance of deepening strategic partnerships with allied countries to support sustainable growth, generate quality employment opportunities, promote innovation, and enable knowledge and expertise exchange. BNA(R)
