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Egypt Strengthens Financial and Investment Ties with Bahrain

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Egypt’s Minister of Finance, Ahmed Kouchouk, has reaffirmed the nation’s commitment to enhancing financial, investment, and economic collaboration with Bahrain. During a high-level meeting with Bahrain’s Minister of Finance and National Economy, Sheikh Salman bin Khalifa Al Khalifa, Kouchouk emphasized the long-standing historical relationship between the two countries and their joint efforts to address global economic challenges.

This meeting, which also included Bahrain’s Ambassador to Cairo, Fawzia bint Abdullah Zainal, and Sheikh Abdullah bin Khalifa Al Khalifa, CEO of Bahrain Mumtalakat Holding Company, explored avenues to foster mutual investments and strengthen private-sector partnerships.

Aiming for Sustainable Development

Kouchouk highlighted that Egypt is eager to leverage its strategic relationship with Bahrain to achieve shared goals of sustainable development. He noted that Egypt’s Ministerial Economic Group is actively creating an economic environment conducive to local and foreign investments.

Sheikh Salman bin Khalifa underscored Bahrain’s dedication, led by Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to fostering bilateral relations. He also recognized the efforts of Egypt’s Prime Minister Mostafa Madbouly in advancing collaboration between the two nations.

Opportunities for Broader Investment

The meeting reflected the mutual interest of both countries in exchanging expertise and formulating progressive financial policies. Egypt and Bahrain are now focusing on developing broader opportunities for cooperation in various economic sectors, enabling stronger ties and fostering growth in their private sectors.

This collaboration is a testament to the continuous efforts by both governments to navigate global economic uncertainties while strengthening their historical bond. The focus remains on building a prosperous economic future through shared knowledge, innovation, and investment.

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