Manila:The Minister of Foreign Affairs, International Cooperation and Egyptian Expatriates, Badr Abdelatty, met with Bahrain's Minister of Finance and National Economy, Shaikh Salman bin Khalifa Al Khalifa, to discuss the strengthening of economic and financial ties between Egypt and Bahrain. The discussions also focused on enhancing coordination within the framework of the World Bank Group.

According to State Information Service Egypt, both ministers acknowledged the historical and close relations between the two nations, expressing their dedication to deepening political, economic, and investment partnerships. They emphasized the importance of continued high-level exchanges to benefit both countries and bolster joint Arab initiatives.

The meeting highlighted the need for ongoing collaboration on shared interests and support for Arab countries' development priorities in international financial forums. Abdelatty provided an overview of Egypt's economic reforms, emphasizing the state's goals for fiscal sustainability and growth driven by the private sector. He noted the importance of World Bank support for these efforts.

Additional discussions included strategies to boost Bahraini investments in Egypt, especially in infrastructure, logistics, and energy sectors, and the utilization of the International Finance Corporation's resources to finance and guarantee investments, particularly in climate finance and green infrastructure projects.

Shaikh Salman reiterated Bahrain's strong ties with Egypt and its commitment to expanding investments that reinforce the economic partnership and benefit both nations.