Al Zeyoudi Meets with Bahrain’s Ministers of Finance and Industry and Commerce

H.E. Dr. Thani bin Ahmed Al Zeyoudi, Minister of State for Foreign Trade, held separate meetings with H.E. Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, and H.E. Abdullah bin Adel Fakhro, Minister of Industry and Commerce of the Kingdom of Bahrain, to discuss ways to strengthen cooperation between the two brotherly countries. The meetings coincided with the entry into force of the Agreement on the Promotion and Protection of Investments on 8 May.

Both sides expressed their aspirations for the business communities and private sectors in the two brotherly countries to make the most of this agreement and other agreements signed between the two countries by building further trade and investment partnerships that contribute to achieving mutual economic growth.

During the two meetings, the sides discussed ways to build on the flourishing trade and investment relations between the two countries to achieve further shared economic growth. Non-oil bilateral trade recorded a remarkable 23% growth in 2024, reaching AED 33.9 billion. The UAE also maintained its position as the third-largest global investor in Bahrain, accounting for 10% of the cumulative stock of foreign direct investment in Bahrain.