Gold prices rise on Wednesday    Egyptian pound edges lower against dollar in early Wednesday trading    Oil prices dip on Wednesday    Egypt scraps parliamentary election results in 19 districts over violations    Egypt's public prosecution hands over seized gold worth $34m to central bank    Finance ministry pushes trade facilitation with ACI rollout for air freight    Abdelatty stresses Egypt's commitment to peaceful conflict resolution    Deep Palestinian divide after UN Security Council backs US ceasefire plan for Gaza    Health minister warns Africa faces 'critical moment' as development aid plunges    Egypt's drug authority discusses market stability with global pharma firms    SCZONE chair launches investment promotion tour in France    Egypt extends Ramses II Tokyo Exhibition as it draws 350k visitors to date    Egypt signs host agreement for Barcelona Convention COP24 in December    Regional diplomacy intensifies as Gaza humanitarian crisis deepens    Egypt's childhood council discusses national nursery survey results    Al-Sisi urges probe into election events, says vote could be cancelled if necessary    Filmmakers, experts to discuss teen mental health at Cairo festival panel    Cairo International Film Festival to premiere 'Malaga Alley,' honour Khaled El Nabawy    Cairo hosts African Union's 5th Awareness Week on Post-Conflict Reconstruction on 19 Nov.    Egypt golf team reclaims Arab standing with silver; Omar Hisham Talaat congratulates team    Egypt launches National Strategy for Rare Diseases at PHDC'25    Egypt's Al-Sisi ratifies new criminal procedures law after parliament amends it    Egypt adds trachoma elimination to health success track record: WHO    Egypt, Sudan, UN convene to ramp up humanitarian aid in Sudan    Grand Egyptian Museum welcomes over 12,000 visitors on seventh day    Sisi meets Russian security chief to discuss Gaza ceasefire, trade, nuclear projects    Grand Egyptian Museum attracts 18k visitors on first public opening day    'Royalty on the Nile': Grand Ball of Monte-Carlo comes to Cairo    Egypt launches Red Sea Open to boost tourism, international profile    Omar Hisham Talaat: Media partnership with 'On Sports' key to promoting Egyptian golf tourism    Sisi expands national support fund to include diplomats who died on duty    Egypt's PM reviews efforts to remove Nile River encroachments    Egypt will never relinquish historical Nile water rights, PM says    Egypt resolves dispute between top African sports bodies ahead of 2027 African Games    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Russia says it's in sync with US, China, Pakistan on Taliban    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







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Egypt's FinMin urges private sector push in Bahrain ties
Published in Amwal Al Ghad on 12 - 06 - 2025

Egypt and Bahrain are working to deepen trade and investment links, with Egyptian Finance Minister Ahmed Kouchouk describing the countries' economic relations as undergoing a "landmark shift" and urging the private sector to seize new opportunities for growth.
Speaking at the Egyptian–Bahraini Business Forum in Cairo on Tuesday, Minister Kouchouk said that Egypt's improving economic outlook, underpinned by ongoing reforms, has opened the door for wider cooperation. He pointed out that the private sector accounted for 63 per cent of total executed investments in Egypt last year, adding that non-oil goods exports rose by 33 per cent. Key industries such as manufacturing, ICT and tourism were all experiencing strong expansion, he said.
Meanwhile, Bahraini Industry and Commerce Minister Abdulla bin Adel Fakhro underlined the "historic depth" of bilateral ties, noting that relations were built not only on trade figures but on a shared future. He said about 2,000 joint companies are now active across a range of sectors, reflecting the growing investment base.
Fakhro also pointed to Bahrain and Egypt's participation in the regional Integrated Industrial Partnership for Sustainable Economic Development, aimed at fostering joint manufacturing and industrial integration. He highlighted Bahrain's competitive investment climate, advanced infrastructure and position as a gateway to Gulf and East Asian markets, while citing Egypt's young workforce, promising industrial base and large consumer market as complementary strengths.
Together, he said, the two nations offer "ideal destinations for joint factories, industrial development centres and innovation hubs" that could serve regional and global markets.
The forum, he added, demonstrated a shared determination to take cooperation to "a new era of prosperity and sustainability" for both nations.
Attribution: Amwal Al Ghad English
Subediting: Y.Yasser


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