MUSCAT : The announcement came during the state visit of His Majesty Hamad bin Issa Al Khalifa, King of Bahrain, to Oman.
His Majesty Sultan Haitham bin Tarik and His Majesty King Hamad bin Isa Al Khalifa welcomed the establishment of the Omani-Bahraini Investment Company. The two leaders emphasized the need to broaden economic and investment horizons and foster greater collaboration between public and private sectors to meet the aspirations of their brotherly nations.
The announcement came during a state visit by His Majesty King Hamad to Oman on January 14 and 15, 2025. The joint statement issued during the visit highlighted the deep historical ties and fraternal relationship between the two countries, with the monarchs reaffirming their commitment to enhancing bilateral cooperation.
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Extensive discussions were held, focusing on bolstering economic and investment partnerships. Both leaders praised the progress of joint initiatives, commending the role of the Omani-Bahraini Joint Committee in implementing projects that align with the shared goals of the nations. They encouraged the diversification of investment opportunities and applauded the signing of agreements and memoranda across various fields to strengthen their partnership.
Key sectors targeted for cooperation include economic development, trade, and investment diversification, paving the way for mutual growth. Both leaders expressed optimism about the Omani-Bahraini Investment Company’s potential to drive innovative projects and elevate bilateral relations.
The dialogue extended beyond economic matters, addressing regional and international issues of mutual interest. They emphasized peaceful resolution of disputes and the importance of fostering dialogue and international cooperation to enhance regional and global security and stability.
They also highlighted the progress of the Gulf Cooperation Council, reiterating their commitment to greater integration among member states for the benefit of their peoples.
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