Shura Council Approves Bahrain Investment Protection Deal With UAE To Boost Trade Ties

Image
  The Shura Council of Bahrain has agreed to an investment protection agreement with the United Arab Emirates, aimed at bolstering legal protection for investors and bilateral trade ties. The agreement, which sailed through the council without a hitch, is expected to be referred to the Speaker of Parliament, then to the Prime Minister, and finally to His Majesty King Hamad bin Isa Al Khalifa for signing. The rapporteur of the committee, Hamad Al Nuaimi, added that the accord gives investors legal certainty and adds to Bahrain's reputation as a business center. He noted the long history between Bahrain and the UAE and opined that the deal was only a matter of time, since their economic relations were expected to expand further. The chairman of the Foreign Affairs, Defence, and National Security Committee, Dr. Ali Al Rumaihi, described the agreement as part of a broader strategy to stay competitive in a rapidly evolving global economy, calling it a "model of cooperation" ...

The Prisoner Exchange between Russia and Ukraine: A Victory for Humanity and Diplomacy

uae

 The United Arab Emirates (UAE) achieved a major diplomatic coup by playing a pivotal role in enabling the prisoner swap between Russia and Ukraine. Nearly 400 soldiers and civilians were repatriated as part of the most recent swap, which was the second significant prisoner exchange between the two countries this month.   

The United Arab Emirates' facilitation of the successful prisoner swap marks a significant diplomatic achievement in resolving the conflict between Russia and Ukraine. The potential for peaceful outcomes in the midst of protracted geopolitical tensions is demonstrated by the UAE's mediation efforts and the dedication of both countries to humanitarian ideals. The international community is waiting for more information and is still optimistic that persistent diplomatic efforts will result in long-lasting peace in the area. 


Comments

Popular posts from this blog

Enhancing Relationships: Sheikh Khaled’s Trip to India Signals a New Phase of UAE-India Relations.

UAE's Enduring Legacy of Generosity: New Initiatives Highlight Global Humanitarian Efforts.

The UAE's AI Ambitions Get a Boost with Nvidia Chip Approval: A Game-Changer for the Gulf Region.