Wednesday, December 06
04:08 PM

Oman, Bahrain sign host of MoUs, agreements

24 Oct 2022 By ONA

Manama – His Majesty Sultan Haitham bin Tarik and King Hamad bin Issa al Khalifa of the Kingdom of Bahrain, graced the signing of ten memoranda of understanding (MoUs) and seven executive programmes and agreements at Al Sakhir Palace on Monday. Present at the signing ceremony were officials from both sides.

The agreements covered the fields of security, shipping, ports, studies and research, the establishment of an Oman-Bahrain Investment Holding Company, granting Oman the sovereignty over its subscriber data in the existing cloud computing centres in Bahrain, in addition to granting Oman the status of authorised partner accredited to the Global Freight Services (GAC).

The MoUs and executive programmes covered the areas of information technology, municipal work, higher education, scholarly research, innovation, competition protection, prevention of monopoly, space science and technology, air navigation, social development, cultural and museum management, small and medium enterprises (SMEs) development, entrepreneurship, historical documentation, document management and archives.

An executive programme between the foreign ministries of the two countries was also signed for exchanges in the fields of agriculture, livestock and fisheries, science and education, environment protection, youth, culture, heritage, tourism cooperation, and remote dealings of brokerage companies through electronic trading system.

The agreement on cooperation in the field of security was signed by Oman’s Interior Minister Sayyid Hamoud bin Faisal al Busaidi and his Bahraini counterpart Lt Gen Sheikh Rashid bin Abdullah al Khalifa.

The two sides signed an agreement to establish Oman-Bahrain Investment Holding Company. It was inked by Ridha bin Juma al Saleh, chairman of Oman Chamber of Commerce and Industry (OCCI), and Sameer bin Abdullah Nass, chairman of Bahrain Chamber of Commerce and Industry.

The two sides also signed a cooperation agreement between Sultan Qaboos University (the Centre for Omani Studies) and Bahrain Centre for Strategic, International and Energy Studies.
An MoU covering cooperation in the field of information technology was signed by Oman’s Ministry of Transport, Communications and Information Technology and Bahrain’s Information and e-Government Authority.

In the field of municipality functioning, an MoU was signed between the Government of Oman, represented by the Ministry of Interior, and the Government of Kingdom of Bahrain, represented by the Ministry of Municipalities and Agriculture.

An MoU was also signed between Oman’s Ministry of Higher Education, Scientific Research and Innovation and Bahrain’s Higher Education Council in the field of higher education, scientific research and innovation.

Oman’s Ministry of Commerce, Industry and Investment Promotion and Bahrain’s Ministry of Industry and Commerce signed an MoU in the field of competition protection and prevention of monopoly.

In the field of space sciences and technologies, an MoU was signed between the Ministry of Transport, Communications and Information Technology of Oman, represented by the National Centre for Space, Artificial Intelligence and Advanced Technologies, and the National Space Science Authority of Bahrain.

An MoU was also signed between Oman represented by the Civil Aviation Authority (CAA) and Bahrain represented by the Ministry of Transport and Communications.

The social development ministries of the two countries signed an MoU for exchanges in the areas of social development.

In the field of cultural and museum work, an MoU was signed between the National Museum of Oman and the Bahrain National Museum.

An MoU was signed between the Authority for Small and Medium Enterprises Development (ASMED) and the Labour Fund (Tamkeen) of Bahrain in the field of small and medium enterprise development and entrepreneurship.

The National Records and Archives Authority (NRAA) of Oman and the Isa Cultural Center of Bahrain signed an MoU in the field of historical documentation and management of documents and archives.
An executive programme was signed between the Foreign Ministry of Oman and the Ministry of Foreign Affairs of Bahrain for the years 2023 and 2024.

On cooperation in the agricultural, livestock and fisheries fields, Oman, represented by the Ministry of Agriculture, Fisheries and Water Resources, and Bahrain, represented by the Ministry of Municipalities Affairs and Agriculture, signed an executive programme for the years 2023 and 2024.

An executive programme was also signed to activate the MoU between the Ministry of Education of Oman and the Ministry of Education of Bahrain in the scientific and educational fields for the academic years 2022-23 and 2023-24.

An executive programme was also signed for the MoU inked between the Environment Authority of Oman and the Ministry of Oil and Environment of Bahrain for cooperation in the field of environmental protection for the period 2023-2024.

In the youth fields, an executive programme of cooperation was signed between Oman represented by the Ministry of Culture, Sports and Youth (MCSY) and Bahrain represented by the Ministry of Youth and Sports Affairs for the years 2022 to 2025.

MCSY of Oman and the Bahrain Authority for Culture and Antiquities also signed an executive programme in the field of culture and heritage for the years 2023 to 2026.

On tourism cooperation, an executive programme was signed between the two governments represented by the Ministry of Heritage and Tourism of Oman and by the Ministry of Tourism of Bahrain for the years 2022 to 2026.

An agreement was also signed on remote trading of brokerage companies through the electronic trading system (TABADUL HUB) between Muscat Stock Exchange (MSX), Muscat Clearing and Depository Company and Bahrain Bourse and Bahrain Clearing Company.

© 2021 Apex Press and Publishing. All Rights Reserved. Powered by Mesdac