Bahrain, Oman forge new food and climate alliance
TDT | Manama
Email: mail@newsofbahrain.com
Ensuring food security took centre stage as Bahrain and Oman signed a series of agreements during the state visit of His Majesty King Hamad bin Isa Al Khalifa to Oman, at the invitation of His Majesty Sultan Haitham bin Tariq.
A key Memorandum of Understanding (MoU) was signed between Bahrain Food Holding Company “Ghithaa,” a subsidiary of Bahrain Mumtalakat Holding Company (Mumtalakat), and Oman Food Investment Holding Company “Nitaj,” a subsidiary of the Oman Investment Authority. The agreement was signed by Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy and Chairman of Mumtalakat, and Sultan Al Habsi, Chairman of the Oman Investment Authority.
This MoU aims to strengthen food security collaboration between Bahrain and Oman by facilitating the exchange of expertise, promoting best practices, and supporting the development of local goods for regional and international markets. It focuses on sustainability, addressing shared agricultural challenges, and fostering strategic partnerships to drive joint investment and economic growth.
Shaikh Salman bin Khalifa highlighted that the MoU would advance cooperation between Mumtalakat and the Oman Investment Authority, opening up new investment opportunities across multiple sectors.
Climate Challenges
Another important focus of the visit was enhancing cooperation in meteorology. An agreement was signed between Bahrain’s Ministry of Transportation and Telecommunications and Oman’s Civil Aviation Authority to exchange expertise, improve weather systems, and address climate challenges, promoting safety and regional integration.
Dr. Shaikh Abdullah bin Ahmed Al Khalifa, Minister of Transportation and Telecommunications, underscored Bahrain’s commitment, under the leadership of HM King Hamad and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, to strengthening strategic ties with Oman. He emphasized the importance of collaboration in meteorology to advance civil aviation, navigation, and sustainable development.
The agreement was signed by Dr. Abdullatif bin Rashid Al Zayani, Bahrain’s Minister of Foreign Affairs, and Badr bin Hamad Al Busaidi, Oman’s Minister of Foreign Affairs.
Other deals
• Bahrain Bourse & Muscat Stock Exchange: A memorandum of understanding (MoU) was signed by Abdullah bin Adel Fakhro, Bahrain’s Minister of Industry and Commerce, and representatives of the Muscat Stock Exchange to enhance capital market cooperation between Bahrain and Oman.
• Scientific & Educational Cooperation: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani, Bahrain’s Minister of Foreign Affairs, and Badr bin Hamad Al Busaidi, Oman’s Minister of Foreign Affairs, to strengthen collaboration in curriculum development, teaching methods, career guidance, and innovation.
• Labour & Human Resource Development: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi, focusing on the exchange of successful employment practices, workforce development, and occupational safety standards.
• Media Cooperation: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi to foster media cooperation, enabling the exchange of expertise and enhancing coordination between both nations’ media institutions.
• Social Insurance & Protection: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Salim Al Aufi, Oman’s Minister of Energy and Minerals, between Bahrain’s Social Insurance Organisation and Oman’s Social Protection Fund to exchange knowledge, expertise, and training in insurance and social protection.
• Museum Collaboration: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi to build on the 2022 agreement between the Bahrain National Museum and the National Museum of Oman, focusing on further cooperation in museum work.
• Double Taxation: A MoU was signed by Shaikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy, and Nasser Al Jashmi, Head of Oman’s Tax Authority, to eliminate double taxation. • Zakat & Endowments: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi between Bahrain’s Ministry of Justice, Islamic Affairs, and Endowments and Oman’s Ministry of Awqaf and Religious Affairs. • Educational Quality Cooperation: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi to evaluate and improve educational institutions’ quality between Bahrain and Oman.
• Public Administration: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi between Bahrain’s Public Administration Institute and Oman’s Royal Academy of Administration to strengthen partnerships in GCC administrative institutions.
• Exhibitions & Conferences: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Qais Al Yousuf, Oman’s Minister of Commerce, Industry, and Investment Promotion, to enhance cooperation in the exhibitions and conferences sector, with an emphasis on tourism integration between Bahrain and Oman.
• Combating Human Trafficking: A MoU was signed by Dr. Abdullatif bin Rashid Al Zayani and Badr bin Hamad Al Busaidi between Bahrain’s Labour Market Regulatory Authority and Oman’s National Committee to Combat Human Trafficking to share expertise and enhance joint efforts.
• Industrial & Economic Cooperation: A series of MoUs were signed by Abdullah bin Adel Fakhro, Bahrain’s Minister of Industry and Commerce, and Qais bin Mohammed Al Yousef, Oman’s Minister of Commerce, Industry, and Investment Promotion, to empower manufacturers and support innovation, boosting industrial and economic cooperation between Bahrain and Oman.
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