Bahrain and India Pledge Stronger Partnership in Legal and Investment Sectors
His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister of the Kingdom of Bahrain, emphasized the enduring and robust relations between Bahrain and the Republic of India. These historic ties are built on strategic partnerships and fruitful cooperation across various sectors, HRH affirmed.
Speaking during a meeting at Gudaibiya Palace today, HRH the Crown Prince reiterated Bahrain's commitment to further enhancing bilateral cooperation with India, aiming to deepen integration and achieve mutual aspirations for progress and prosperity.
Bilateral Ties Strengthened through Legal, Investment, and Commercial Partnerships
The meeting was held in the presence of His Highness Shaikh Mohammed bin Salman bin Hamad Al Khalifa, His Excellency Shaikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, and several senior officials. HRH welcomed H.E. Mr. Arjun Ram Meghwal, India's Minister of State for Law and Justice.
During the meeting, the Crown Prince reviewed the advanced level of cooperation between the two nations and the continued growth of their partnership. He underscored the importance of building on these achievements, particularly in the legal, investment, and commercial arbitration fields. HRH also highlighted the need for further exchange of expertise and best practices, noting that such collaboration will benefit both countries and their peoples.
Shared Interests and Regional Cooperation Discussed
The discussions also covered the latest developments on the regional and international fronts. Both sides explored opportunities to enhance bilateral cooperation in all fields and exchanged views on key issues of mutual concern.
HRH the Crown Prince acknowledged the significant contributions of the Indian community in Bahrain, praising their role in supporting the Kingdom's development journey across multiple sectors.
For his part, H.E. Arjun Ram Meghwal expressed his gratitude to His Royal Highness the Crown Prince and Prime Minister for his dedication to strengthening Bahrain-India relations and advancing bilateral cooperation. He wished the Kingdom continued success and prosperity.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Daily Tribune
7 hours ago
- Daily Tribune
Rupee Dip Triggers Remittance Surge Among Indian Expats in Bahrain and Gulf
Indian expatriates in Bahrain and across the Gulf region are making the most of a favourable drop in the Indian rupee, resulting in a marked surge in remittances over the past two days. The rupee has slipped to around ₹221–223 against the Bahraini dinar, its weakest level since early April. This has prompted many non-resident Indians (NRIs) to quickly send money home, capitalising on the improved exchange rate rather than waiting for further declines. Although June is typically a quieter month for remittances—due to summer travel expenses and home visits—the rupee's slide has created a rare window of opportunity. Expats are choosing to remit now, avoiding speculation about future rate shifts. Strong Weekend Remittance Activity Thursday (June 19) saw one of the busiest remittance days in recent weeks. Even as the rupee briefly showed minor recovery, the prevailing sentiment among Indian expats remained confident: send now, rather than regret later. Exchange houses in Bahrain expect the strong remittance trend to continue through the weekend and into next week, especially if the rupee remains in the 221–223 range. What's Influencing the Rupee's Value? Despite heightened geopolitical tensions, particularly in the Middle East, the US dollar has shown limited safe-haven strength—contrary to historical trends. Instead, gold has emerged as the preferred hedge, leaving room for the rupee to hover at relatively favourable levels for remitters. Looking ahead, experts point to several factors that could influence the rupee's trajectory in the coming months: Recovery in foreign institutional investor (FII) flows following trade improvements with the US. Growth in India's defence manufacturing sector, boosting exports and reducing import dependency. Positive sentiment around India's trade agreements with the UK and expected deals with the US. Easing inflation, which remains below the Reserve Bank of India's 4% target, increasing the likelihood of further interest rate cuts. Proactive interventions by the RBI to stabilise currency markets and prevent extreme volatility. According to Subramanian Sharma, Promoter Director at Greenback Advisory Services, 'These developments point to a possible strengthening of the rupee in the coming months—but for now, Indian expats are rightly taking advantage of the current dip.' For many families in India, these timely transfers could make a real difference—and for NRIs in Bahrain, it's a smart financial move that blends timing with opportunity.
Daily Tribune
12 hours ago
- Daily Tribune
Bahrain-UK agreement: What Happens Next?
TDT | Manama A day after the landmark Bahrain-UK defense agreement was signed, key strategic details are now emerging, outlining plans for deeper military coordination, stronger maritime security, and the United Kingdom's significant move into the Bahrain-USled Comprehensive Security and Prosperity Agreement. The agreement, formalized during the official UK visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince Deputy, Supreme Commander and Prime Minister, signals a further strengthening of the Kingdom's longstanding strategic relationship with Britain. It specifically highlights critical areas of future cooperation and mutual benefit. Maritime partnership His Excellency Lieutenant General Abdullah bin Hassan Al Nuaimi, Minister of Defense Affairs, emphasized that maritime security has emerged as a central component of the agreement. Plans are in place for intensified naval exercises, coordinated joint patrol operations, and enhanced maritime surveillance involving Bahrain Defense Force and British armed forces personnel. 'The signing of this defense cooperation agreement is rooted in our distinguished partnership, continuously strengthened under the leadership of His Majesty King Hamad bin Isa Al Khalifa and the directives of HRH the Crown Prince and Prime Minister,' stated Al Nuaimi. He noted that expanding maritime cooperation is essential to maintaining regional stability and addressing evolving security challenges in Gulf waters. Trilateral expansion Another critical dimension unveiled in the agreement is the UK's access to the Comprehensive Security and Prosperity Agreement, previously a bilateral arrangement between Bahrain and the United States. This significant strategic step positions the UK firmly within a trilateral security framework, broadening collaborative defense and security operations in the region. 'The United Kingdom's inclusion, based on invitations extended by Bahrain and the United States, will elevate our joint security coordination and open broader avenues of cooperation, enhancing the mutual security interests of our nations,' Al Nuaimi explained. Deep-rooted alliance The Defense Minister also underscored the historic depth of the Bahrain-UK relationship, recognizing Britain as one of Bahrain's most vital strategic allies. He credited the ongoing strength of this bilateral partnership to decades of effective military and strategic cooperation between the two countries. As Bahrain and the UK now transition from signing agreements to executing strategic plans, expectations are high for tangible results, particularly in maritime security, joint military training, and broader defense coordination.
Daily Tribune
12 hours ago
- Daily Tribune
ICRF Bahrain Celebrates International Yoga Day 2025 with Amad Group Employees
TDT I Manama pradeep@ The Indian Community Relief Fund (ICRF) Bahrain marked International Yoga Day 2025 by organizing a refreshing yoga session for over 100 employees of Amad Group of Companies in Askar. The event, held on Thursday, June 19, 2025, aimed to promote well-being and a healthy lifestyle among the community. The one-and-a-half-hour session was expertly led by Yoga Instructor Mr Pradeep Kumar, who guided participants through a series of beneficial asanas and shared valuable tips for healthy living. The yoga session saw active participation from ICRF leadership, including Chairman Adv. V.K. Thomas, Advisor Dr. Babu Ramachandran, Vice Chairman Prakash Mohan, General Secretary Aneesh Sreedharan, Joint Secretary Suresh Kumar, and Yoga Day Coordinator Sunil Kumar. Other prominent ICRF members like Ajayakrishnan, Chemban Jalal, Nasser Manjeri, John Philip, Muralikrishnan, Rajeevan, and Deepshikha also joined. Representatives from Amad Group's Ascon Control WLL were also present, with General Manager Anindya Haldar, Assistant General Managers Vasudevan C and Ranjith Lakshman, Technical Director Nithyananda, and HR Manager Shibu Mundukattil participating in the communal practice. The initiative highlights ICRF's commitment to the welfare of the Indian community in Bahrain, fostering health and harmony through such engaging programs.
