H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce affirmed the depth of historical relations between the Kingdom of Bahrain and the United Kingdom, especially in the fields of trade and investment, strengthened by their mutual commitment to boost economic cooperation.
This came His Excellency’s participation as a keynote speaker in a luncheon organized by the Bahraini-British Business Forum, in the presence of H.E. Mr. Alistair Long, British Ambassador to the Kingdom of Bahrain, Mr. Khalid Rashid Al-Zayani, Chairman of the Forum, and a number of officials.
The Minister noted that the Kingdom of Bahrain has been and continues to be a gateway for business in the region. Bahrain's Economic Vision 2030 provides a clear path towards a diversified and sustainable economy, with a focus on innovation, investment and international partnerships. It continues to build on the pillars of Bahrain's Economic Vision 2050, which is formulated to reflect ambitions and aspirations, and will undoubtedly enhance the leading position of the Kingdom of Bahrain, and its progress in economic development and sustainability.
His Excellency also highlighted the Kingdom of Bahrain's orientation towards investing in technology, with the aim of achieving leadership in digital transformation, and noting the British experience in this field. Pointing to the steps taken by the Kingdom of Bahrain to expand the available facilities and promote the provision of a business-friendly environment in order to attract more foreign investments, with the aim of consolidating the Kingdom of Bahrain's position as an attractive destination for international companies.