Bahrain’s Private Sector Tapped as Driver of $17bn US Deal Execution

TDT | Manama

Email : editor@newsofbahrain.com

Bahraini businessman Yaqoob Al Awadhi has called on the Kingdom’s private sector to take the lead in delivering the $17 billion worth of agreements signed during the recent visit of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, to the United States.

The agreements, covering aviation, technology, industry, investment, and peaceful nuclear energy, were hailed as a landmark outcome of the high-level visit. But Al Awadhi said their long-term value now hinges on how effectively Bahrain’s private institutions execute them.

Strategic Driver

“These agreements reflect the deep mutual trust between Bahrain and the United States and demonstrate a shared ambition to build enduring strategic partnerships between our private sectors,” he said.

“Such substantial investments represent far more than capital inflows,” Al Awadhi noted. “They create new prospects for the transfer of knowledge and expertise, the development of high-quality job opportunities for Bahraini citizens, and the enhancement of innovation in critical sectors that align with Bahrain’s vision for a diversified economy.”

Delivery Readiness

Al Awadhi described the visit as a catalytic moment for Bahrain’s business community. “Bahraini private sector institutions remain fully prepared to initiate strategic partnerships, explore new opportunities, and contribute meaningfully to the Kingdom’s national economic objectives,” he said.

He added that the private sector has consistently played a central role in shaping Bahrain’s economic and investment landscape and is well-positioned to compete internationally.

Collaborative Execution

Al Awadhi also pledged close collaboration between the private sector and government entities to ensure the successful rollout of the agreements signed in Washington.

“This high-level visit has paved the way for major projects and clearly demonstrated the ability of Bahraini companies to attract investments of significant scale,” he said. “The private sector will continue to work side by side with public stakeholders to drive sustainable development across the Kingdom.”