UAE and Bahrain Explore Financial Sector Collaboration

UAE, 27 November, 2024 : His Excellency Mohamed bin Hadi Al Hussaini, UAE Minister of State for Financial Affairs, met with H.E. Abdulla bin Adel Fakhro, Bahrain’s Minister of Industry and Commerce, at the Ministry’s headquarters in Dubai. The discussion focused on enhancing financial sector collaboration and sharing expertise in areas of mutual interest.

The meeting highlighted the UAE's leadership in corporate credit rating and its role in promoting transparency, which fosters business innovation and growth. H.E. Al Hussaini emphasized the UAE's commitment to sharing its experiences with Bahrain, reinforcing the strong ties between the two nations.

H.E. Abdulla bin Adel Fakhro praised the UAE-Bahrain economic relationship and expressed Bahrain's interest in leveraging the UAE’s corporate credit rating expertise to boost private sector confidence.

Source : www.mof.gov.ae