The UAE and Bahrain have officially begun implementing their bilateral Investment Promotion and Protection Agreement.
Effective from Thursday, 8 May, the agreement follows the completion of all legal formalities by both nations as per its provisions.
This step reflects the strong ties and deepening economic partnership between the two countries, reaffirming their shared commitment to boosting investment cooperation and advancing sustainable development goals.
The agreement sets out a clear legal framework that protects investments, ensures fair treatment, and includes dispute resolution mechanisms to build investor confidence.
It also recognises the importance of digital economy cooperation, covering data protection, privacy, cybersecurity, intellectual property, and electronic authentication.
Additionally, it promotes knowledge sharing and the development of technical capabilities.
Shaikh Salman bin Khalifa Al Khalifa, Bahrain’s Minister of Finance and National Economy, emphasised the Kingdom’s focus on expanding cooperation with the UAE, supported by their strong bilateral relations.
He noted that such agreements are crucial for advancing joint efforts in line with both countries’ leadership visions, and highlighted Bahrain’s signing of nearly 40 similar investment treaties globally.
Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial Affairs, said the agreement signals a shared intent to deepen economic ties and drive Gulf integration.
He added that it reflects a forward-looking approach amid global challenges, aiming to create a more stable and attractive investment environment.
The agreement is expected to boost both nations’ competitiveness, attract quality investments in key sectors, and strengthen their strategic partnership through improved capital flows and a transparent, fair investment climate.
