Arab nations teams up for jobs, green factories and electric cars
TDT | Manama
The Daily Tribune – www.newsofbahrain.com
Reported by Zainab Zaman
Forget competition; Arab nations are teaming up! Five power players—Bahrain, the UAE, Egypt, Jordan, and Morocco—just forged an unprecedented alliance in Bahrain, weaving their unique strengths into a tapestry of sustainable economic growth. Buckle up for electric cars, green factories, and a regional supply chain that rewrites the rules of the game!
United by a vision for sustainable economic growth, the Integrated Industrial Partnership for Sustainable Economic Development underway in Bahrain aims to weave together each country’s unique strengths, from technology and raw materials to expertise, into a tapestry of shared prosperity.
The Four Seasons Hotel buzzed with excitement as investors, businesses, and ministry officials gathered for the fourth session of this crucial initiative. Under the esteemed chairmanship of H.E. Ms. Eman Ahmed Al-Doseri, Undersecretary of the Ministry of Industry and Commerce, the agenda pulsed with possibilities.
Electric cars, pharmaceuticals, aluminium—these were just a few sectors ripe for collaboration. Fuelled by the unwavering support of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, the discussions resonated with a spirit of unity and purpose.
“This is not just about competition,” declared a representative from Jordan. “It’s about leveraging our diverse resources to create a win-win for everyone.” This groundbreaking approach, championed by Bahrain, holds the promise of a regional supply chain fuelled by collaboration, not competition.
The air crackled with anticipation as new agreements began to take shape. These alliances, poised to be finalized during the meeting, promised not just economic growth but also a stronger regional bond. Reducing costs, fostering new business opportunities, and propelling job creation—the potential was undeniable.
Ammar Salman Awachi, CEO of Taha International Corporations, expressed optimism for the future. His company’s partnership with a UAE firm, forged within the framework of this meeting, epitomized the power of shared ambitions. Awachi, a champion of sustainability, proudly showcased Taha’s green initiatives, setting a standard for eco-conscious manufacturing.
Bahrain’s burgeoning economic landscape
Eman Al Doseri, the Undersecretary, painted a vibrant picture of Bahrain’s burgeoning economic landscape. From metals and pharmaceuticals to food and petrochemicals, the future is brimming with opportunities. With a fifth partnership on the horizon in Morocco, the momentum was undeniable.
Nezar Adwan, CEO of Alpha Biotech, echoed the excitement. His company’s collaborations with regional giants promised to revolutionize the pharmaceutical sector, paving the way for local content and self-sufficiency.
The creation of over sixty jobs was just the beginning. As the days unfold, these historic meetings hold the potential to rewrite the economic narrative of the Arab world. The unified front presented by Bahrain, the UAE, Egypt, Jordan, and Morocco is a testament to the power of collaboration. Together, they stand poised to usher in an era of sustainable growth, not just for individual nations but for the entire region.
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