Egypt to host Bahraini-Egyptian Business Forum

Manama, Apr 25 (BNA): Marking the official visit of HM King Hamad bin Isa Al Khalifa to Cairo tomorrow, the joint Bahraini-Egyptian Business Forum will be jointly organized by Bahrain's Minister of Industry, Commerce and Tourism and Bahrain Chamber of Commerce and industry (BCCI). BCCI Chairman Khalid Abdulrahman Al-Moayyad said that the event is held in conformity with the directives of Bahrain's leadership to bolster economic partnership and cooperation relations with Egypt to counter the current economic challenges. He added that the forum will be attended by leaders, leading businessmen and representatives of private sectors of the two countries. The forum will focus on ways to develop Bahraini-Egyptian business relations and overcoming obstacles hindering the economic cooperation between the two sides, as well as the establishment of new trade exchanges. He pointed that memoranda of understanding and mutual agreements to boost businesswomen sector, establishment of commercial enterprises, and the development of scientific researches in the area of fertilizer will be signed. Other memoranda of understanding will be signed at the level of the exchange of expertise in maintenance and vocational safety, agriculture and land reclamation, jewellery making and drug manufacturing. He expressed optimism that the forum will attain the desired goals, and that several economic and investment partnerships will be sealed.