Close Menu
    What's Hot

    Transport Evolution Africa 2025 Champions Green Mobility & Inclusive Trade Corridors

    July 9, 2025

    Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

    July 7, 2025

    Ghana’s Complete Farmer Secures $2.5M from EU-Funded AgriFI Facility

    July 4, 2025
    Gulf Africa ReviewGulf Africa Review
    • Industry
    • Infrastructure
      1. Airport
      2. Hospitality
      3. Ports
      4. Power
      5. Rail
      6. Roads
      7. Transport
      Featured

      Osun seeks to capitalise on infrastructure momentum

      Infrastructure May 21, 2018
      Recent

      Salpha Energy Secures $1.3M to Expand Nigeria’s Solar Manufacturing Capacity

      June 6, 2025

      South Africa – Infrastructure Overhaul Set to Boost Transport and Trade

      May 16, 2025

      Navigating Challenges in the African Air Cargo Industry

      March 5, 2025
    • Business & Trade
      1. Agri-Business
      2. Entrepreneurship
      3. FDI
      4. Legislative
      5. MEA
      6. Telecoms
      7. Properties
      Featured

      Analysts predict bullish future for Nigeria’s REITs market

      Business Business & Trade January 21, 2018
      Recent

      Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

      July 7, 2025

      Liquify Secures $1.5M Seed Round to Unlock Trade Finance for African SMEs

      July 3, 2025

      Hizo Secures $100K Seed Round to Drive Intra‑Africa Payment Innovation

      June 30, 2025
    • Finance
      1. Banking
      2. Islamic finance
      Featured

      DP World and Nedbank Elevate Trade Finance in Africa

      Finance Trade September 18, 2024
      Recent

      DP World and Nedbank Elevate Trade Finance in Africa

      September 18, 2024

      Arab Coordination Group commits $50 billion for Africa’s sustainable development

      November 13, 2023

      MENAT to see investment flows increase substantially

      September 4, 2023
    • Innovation
    Gulf Africa ReviewGulf Africa Review
    Business & Trade

    Bahrain hosts Egyptian delegation as trade soars

    June 29, 20222 Mins Read
    Facebook Twitter Pinterest LinkedIn Tumblr Email
    Bahrain
    Trade between Bahrain and Egypt reaches new highs.
    Share
    Facebook Twitter LinkedIn Pinterest Email

    Bahrain-Egyptian trade reached $917.2 million in 2021, an increase of 128.7%.

    Bahrain Minister of Foreign Affairs, H.E. Dr. Abdullatif bin Rashid Al-Zayani welcomed the visit of Egyptian President Abdel Fattah Al-Sisi.  Al-Zayani spoke about how the visit advanced the relations between the two countries and their growing strategic partnership.

    Strengthening economic ties

    The coming summit, according to the Minister, was intended to offer broad prospects for strengthening bilateral political and economic cooperation and coordination. The two states also seek to reaffirm their positions in regional and global politics.

    Al-Zayani went to talk about Bahrain’s desire to activate a series of agreements and memoranda of understanding signed with Egypt in various fields, in order to achieve the common interests of both countries. He highlighted the importance of activating trade, tourism, investment, protecting the environment and supporting the process of comprehensive and sustainable development. The coming meeting would benefit both countries economically and cement an evolving political and economic alliance, according to the Minister.

    Trade increasing

    Al-Sisi’s visit comes as Egypt’s Central Agency for Public Mobilization and Statistics (CAPMAS) released a statement claiming that trade between the two countries is on the rise. According to CAPMAS, the value of trade between Egypt and Bahrain increased to USD 917.2 million in 2021, compared to USD 401 million in 2020, an increase of 128.7%.

    According to CAPMAS, Egyptian exports to Bahrain amounted to $450.7 million in 2021, compared to USD 139.3 million, year-on-year, an increase of 223.5%. Egyptian imports from Bahrain amounted to USD 466.5 million in 2021, compared to USD 261.7 million, year-on-year, an increase of 78.2%. Bahraini investments in Egypt were estimated at USD 174.6 million during 2019/20, compared to USD 119 million during the 2018/19, an increase of 46.8%.

    The value of remittances from Egyptians working in Bahrain stood at USD 127.7 million during the fiscal year 2019/20 compared to USD 107.7 million during 2018/19, an increase of 18.6%. Bahrainis working in Egypt sent USD 1.8 million back to Bahrain, compared to USD 3.1 million during the FY2018/19, a decrease of 40.6%.

    Bahrain’s trade with North Africa has been increasing in recent years, with an Algerian delegation visiting the country in March. The group met with representatives of Bahrain Chambers to discuss further economic cooperation. Trade between Algeria and Bahrain largely comprises metals and electrical goods.

    Bahrain Bahrain Chambers Egypt trade
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
    Previous ArticleDubai Chambers registers over 1,600 African companies since October 2021
    Next Article Abu Dhabi Exports Office signs financing deal to enhance trade with ECOWAS states

    Related Posts

    Logistics Trade

    Transport Evolution Africa 2025 Champions Green Mobility & Inclusive Trade Corridors

    July 9, 2025
    Business & Trade

    Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

    July 7, 2025
    Trade Trade Finance

    Liquify Secures $1.5M Seed Round to Unlock Trade Finance for African SMEs

    July 3, 2025
    View 2 Comments

    2 Comments

    1. Pingback: Global trade up by 15% to USD 7.7 trillion in Q1 2022, but set to slow

    2. Pingback: GCC trade exchange with Egypt estimated at USD 16.1 billion in 2021

    Leave A Reply Cancel Reply

    LATEST STORIES

    Transport Evolution Africa 2025 Champions Green Mobility & Inclusive Trade Corridors

    July 9, 2025

    Egypt’s Swypex Launches Approval‑Based Spend‑Control Card for SMEs

    July 7, 2025

    Ghana’s Complete Farmer Secures $2.5M from EU-Funded AgriFI Facility

    July 4, 2025

    Liquify Secures $1.5M Seed Round to Unlock Trade Finance for African SMEs

    July 3, 2025

    Hizo Secures $100K Seed Round to Drive Intra‑Africa Payment Innovation

    June 30, 2025
    • Business
      • Agri-Business
      • Entrepreneurship
      • FDI
      • Legislative
      • MEA
      • Properties
      • Telecoms
    • Infrastructure
      • Airport
      • Hospitality
      • Ports
      • Power
      • Rail
      • Roads
      • Transport
    • Finance
      • Banking
      • Islamic finance
    • Commodities
      • Agri commodities
      • Metals & minerals
      • Precious metals
    • Culture & Society
      • Education
      • Energy
    GAR logo
    © GulfAfricaReview.com 2014-2022, All Rights Reserved.

    Gulf Africa Review is a trade news and future networking platform for businesses leaders and trade organisations, established to first inform and secondly assist in facilitating the ongoing business and trade relations between the Gulf Cooperation Council countries and Sub-Saharan Africa. We aim to provide an apolitical voice for this channel of economic activity in a way that benefits both geographies by improving the availability of information about market events, developments and opportunities, while publicising the successes achieved by this ever-broadening regional relationship.

      Subscribe to our newsletter

      Type above and press Enter to search. Press Esc to cancel.