Tawfiq Al -Sibai
The visit of the official delegation from the Kingdom of Bahrain headed by His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, is formed to the Italian Republic, a strategic step that reflects the Kingdom’s directions towards deepening economic relations with its international partners, specifically with a country with the size and weight of Italy in the European and global economic scene. This visit comes in the context of a clear economic vision aimed at strengthening the location of the Kingdom of Bahrain as an attractive regional center for investment by introducing the Kingdom’s competitive advantages and promising investment opportunities in various vital sectors.
The Bahraini delegation, which includes a group of officials and decision makers in the public and private sectors, embodies an integrated government approach in promoting the investment environment in the Kingdom, and reflects a high -level commitment to activating economic added partnerships. The visit – extending through the cities of Rome, Parma and Milan – included a series of meetings and meetings with high -level officials in the Italian government and representatives of the private sector; What enhances the opportunities to exchange experiences, and explore the prospects for cooperation in areas where Bahrain is characterized by a strong competitive location, such as financial services, information and communication technology, industry, logistical services, and tourism.
This visit acquires a special importance in light of the economic directions of the Kingdom of Bahrain aimed at diversifying sources of income and enhancing financial sustainability. The investment opportunities offered by the Kingdom are not only the result of the development of its legislative structure and advanced digital infrastructure; It also stems from its political and economic stability, and its regional integration with the Arab Gulf markets and global markets.
The meetings of His Excellency the Minister of Finance and National Economy with senior Italian officials, such as the Minister of Economy and Finance Giancarlo Giorgiti, the Minister of Companies and “Made in Italy” Adolfo Oso, and the CEO of investment agencies and fund support funds; Bahrain’s commitment to strengthening bilateral relations is confirmed not only at the level of governments, but through actual partnerships between companies and productive sectors. These meetings also reflect a broader dimension of cooperation; It goes beyond trade and investment to include exchanging experiences in innovation, manufacturing and support for small and medium institutions.
The figures indicate a continuous growth in economic relations between the two countries, as the volume of non -oil trade exchange reached $ 775 million in 2024, a positive indication that pushes towards expanding areas of cooperation. Bahrain’s hosting of a number of Italian companies, such as “Barilla” and “Rising Force”, emphasizes the Kingdom’s ability to attract qualitative investments that enhance its industrial and logistical integration in the region.
It is remarkable about this visit, the Kingdom of Bahrain’s focus on creating an investment stimulating environment based on transparency, competitive cost, and support for innovation, which was confirmed during the meetings with officials of Italian investment and credit agencies such as “Infitia”, “Sas” and “CDP”. This trend reflects the Kingdom’s efforts to expand the base of qualitative investments that contribute to enhancing comprehensive economic growth and creating job opportunities, especially for Bahraini youth, within the Bahrain Economic Vision 2030.
In conclusion, the Bahraini delegation’s visit to Italy – which comes within a series of studied steps to strengthen the Kingdom’s strategic location on the map of the global economy – represents an important strategic station in the path of national economic transformation, and contributes to the consolidation of the Kingdom as an advanced and reliable economic center in the region. The continuation of such visits and high -level meetings would open new horizons for multiple economic cooperation, and establish the foundations of sustainable development based on strategic partnerships with long -term horizons, which contributes to enhancing comprehensive economic growth and the prosperity of the business environment in the Kingdom.