04/12/2025 07:35 AST

Several major projects and decisions were announced during the fourth meeting of the Bahraini-Saudi Coordination Council, co-chaired by His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister of Bahrain, and His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of Saudi Arabia.

The meeting, held in Bahrain, was convened pursuant to the directives of His Majesty King Hamad bin Isa Al Khalifa, and His Majesty King Salman bin Abdulaziz Al Saud, the Custodian of the Two Holy Mosques, in affirmation of the deep-rooted historical ties and shared aspirations that unite Bahrain and Saudi Arabia, said a Bahrain News Agency report.

The projects announced included:

* Phased implementation of the electronic integration system linking the Bahraini and Saudi sides of the King Fahd Causeway.
* Activating the electronic gates for e-passport holders at airports in both countries.
* Facilitating proof of origin procedures for Bahraini industrial exports to Saudi Arabia (Integration).
* Providing scholarships for Bahraini students in Saudi Arabia.
* Approving intellectual property registration between the two countries.
* Bahrain accession to the Middle East and North Africa Regional Safety Oversight Organisation (MENA RSOO).
* Establishing an integrated data centre in Bahrain for the Saudi Telecom Company (STC).
* Laying a submarine fibre optic cable linking Bahrain and Saudi Arabia with global networks (STC).
* ACWA Power's investment in the Al Ezzel, Al-Dur, and Al Hidd power generation and desalination plants Bahrain.
* Establishing a solar power plant in the Eastern Province of Saudi Arabia and connecting it to Bahrain (BAPCO Energies & ACWA Power).

Several agreements and memoranda of understanding were also announced, as follows:

* Avoiding double taxation.
* Encouraging direct investment.
* Promoting and protecting competition.
* Cooperation in diplomatic studies.
* Nuclear safety and radiation protection.
* Training and qualification in the field of railways.
* Cooperation between the University of Bahrain and King Saud University.
* Areas of sustainable development.
* Procedures, mechanisms, and strategies related to the non-profit sector.

HRH Prince Salman bin Hamad and HRH Prince Mohammed bin Salman agreed to hold the fifth Saudi-Bahraini Coordination Council meeting in Saudi Arabia at a date to be determined by the Council's General Secretariat.


Trade Arabia

How will GCC's new unified aviation authority reshape regional air travel

04/12/2025

The Gulf Cooperation Council (GCC) has taken a decisive step toward transforming regional air travel with the launch of the GCC Civil Aviation Authority. Headquartered in the UAE, this new body is a

Gulfnews

Saudi Arabia to continue with expansionary spending in 2026 budget: finance minister

04/12/2025

Saudi Finance Minister Mohammed Al-Jadaan confirmed on Wednesday that the government will maintain expansionary spending in the 2026 budget, emphasizing stability and medium-term planning.

H

Arab News

Saudi's Technology of Petroleum Services wins global recognition

03/12/2025

Saudi-based Technology of Petroleum Services (TPS) has won big recognition for the quality of its Mechanical Joint Integrity (MJI) training in the kingdom at the 13th annual Engineering Construction

Trade Arabia

Ticker Price Volume
Ticker Price Change
ALRAJHI 95.85 -0.15 (-0.16%)
SNB 36.62 -0.02 (-0.06%)
SAB 30.46 0.14 (0.46%)
ALINMA 24.27 0.06 (0.24%)
ANB 22.17 0.17 (0.77%)
Saudi Arabia invites bids for King Salman Stadium project

04/12/2025

Saudi Arabia's Ministry of Sports has invited pre-qualification bids from qualified and experienced contracting companies to carry out the main construction works for the King Salman Stadium project

Trade Arabia

Inflation rate rises in Oman by 1.5% in October 2025

04/12/2025

The general consumer price index (CPI) in the Sultanate of Oman recorded an increase of 1.5 percent in October 2025 compared to the corresponding month in 2024, based on the base year 2018. The avera

Times of Oman

PIF unit, Mumtalakat deal to unlock new opportunities in Bahrain

04/12/2025

The Saudi Bahraini Investment Company (SBIC), a PIF company, has signed an agreement with Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of Bahrain, aimed at expanding opp

Trade Arabia

How will GCC's new unified aviation authority reshape regional air travel

04/12/2025

The Gulf Cooperation Council (GCC) has taken a decisive step toward transforming regional air travel with the launch of the GCC Civil Aviation Authority. Headquartered in the UAE, this new body is a

Gulfnews

Saudi Non-oil Business Activity Expands in November

04/12/2025

Saudi Arabia's non-oil private sector business activity expanded at its fastest rate in 10 months in November, driven by robust demand and increased hiring, although new order growth slowed from the

Asharq Al Awsat