President Sisi, Bahraini King witness signing of several bilateral agreements

Ahram Online , MENA , Wednesday 29 Jun 2022

Egyptian President Abdel-Fattah El-Sisi and Bahraini King Hamad bin Isa Al-Khalifa witnessed the signing of several agreements and memorandum of understandings (MoUs) between Egypt and Bahrain in Manama in various domains on Wednesday, the Egyptian Presidency announced.

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President Abdel-Fattah El- Sisi of Egypt and King of Hamad Al Khalifa of Bahrain in Manama on Wednesday

 

The agreements and MoUs, which were penned during El-Sisi’s second day of his visit to Bahrain are in the fields of science, technology, education, and logistics, among others, Presidential Spokesperson Bassam Rady said in a statement.

Al-Khalifa affirmed that his country's stance matches current Egyptian efforts in settling various disputes in the region. He also stressed the coherence of the common national security of both countries, adding that Egypt will always remain Bahrain's pivotal partner in the region, according to Egyptian presidency's statement.

The two leaders also discussed issues concerning holding a summit in July that will gather leaders of the Gulf states, Egypt, Jordan, Iraq, and US.

The meeting comes less than two weeks before the GCC+3 Summit, which will be held in Saudi Arabia’s Jeddah on 15 July. The summit will bring together leaders of the GCC in addition to Egypt, Iraq, Jordan, and the US.

Sisi’s meeting with Crown Prince

Earlier on Wednesday, President El-Sisi met with Bahraini Crown Prince, Deputy Supreme Commander and Prime Minister Salman bin Hamad Al-Khalifa. They agreed on exchanging visits between both countries to boost economic as well as investment and trade relations.

According to the Egyptian Presidency, El-Sisi asserted during the meeting Egypt's keenness on promoting cooperation with Bahrain in various domains in ways that serve the peoples of both countries.

The Egyptian President arrived in Manama on Tuesday coming from Oman in a two-day visit where he was received by King Hamada Al-Khalifa.

The volume of trade between Egypt and Bahrain recorded $917.2 million in 2021, according to Egypt’s Central Agency for Public Mobilisation and Statistics (CAPMAS), up from $401 million in 2020, recording a 128.7 percent increase.

Egyptian exports to Bahrain reached $450.7 million in 2021 up from $139.3 million in 2020, recording a 223.5 percent increase whereas the Bahraini exports to Egypt reached $466.5 million in 2021 compared to $261.7 million last year.

Bahrain’s investments in Egypt stand at $3.2 billion through 216 projects, according to the Bahraini ambassador to Cairo in June 2021.

El-Sisi’s Gulf tour

El-Sisi started his Gulf tour on Monday with a two-day visit to Oman, where he met Sultan Haitham bin Tarik. The two leaders stressed that the security and stability of Yemen are of maximum importance within the framework of security of the Arab region and Red Sea states.

On Tuesday, he arrived in Bahrain where he met with the Bahraini King and held talks on regional and international issues of mutual concerns.

On 18 June, El-Sisi had received the Bahraini King in Egypt’s Sharm El-Sheikh, when both leaders reviewed prospects of cooperation in economic and investment fields in addition to discussing regional and international issues.

During King Hamad's visit, El-Sisi hosted a trilateral summit with the participation of Jordanian King Abdullah II, who arrived a day later.

Furthermore, El-Sisi received the UAE’s Minister of Foreign Affairs and International Cooperation Abdullah bin Zayed Al-Nahyan on Sunday.

The President also met on Friday with Qatar’s Emir Tamim bin Hamad Al Thani, who visited Egypt for the first time since Cairo and Doha resumed diplomatic relations last year, after signing the Al-Ula Declaration that ended an over three-year-long diplomatic rift.

During the meeting, Emir Tamim affirmed his keenness to continue boosting Egyptian-Qatari cooperation in various fields by maximising investments in Egypt.

Additionally, last Monday, the Egyptian President received Saudi Arabia’s Crown Prince Mohammed bin Salman in Cairo.

During the visit, Egypt and Saudi Arabia signed 14 investment agreements valued at $7.7 billion in several fields, including petroleum, renewable energy, green hydrogen, IT, e-commerce, pharmaceuticals, infrastructure, and cyber security.

Moreover, Saudi Arabia plans to make investments worth $30 billion in Egypt, according to a joint Saudi-Egyptian communique issued in light of the crown prince’s visit.

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