海角直播

Bahrain鈥檚 non-oil re-exports rise 3% in July, led by UAE

Key re-exported items included four-wheel drive vehicles valued at 7 million dinars, gas turbine parts at 4.8 million dinars, and jet turbine engines at 4.5 million dinars. Reuters
Key re-exported items included four-wheel drive vehicles valued at 7 million dinars, gas turbine parts at 4.8 million dinars, and jet turbine engines at 4.5 million dinars. Reuters
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Updated 04 September 2025

Bahrain鈥檚 non-oil re-exports rise 3% in July, led by UAE

Bahrain鈥檚 non-oil re-exports rise 3% in July, led by UAE

RIYADH: Bahrain鈥檚 non-oil re-exports grew 3 percent year on year in July to 63 million Bahraini dinars ($166 million), driven by strong demand from the UAE, which accounted for 35 percent of the total.

海角直播 followed with 21 percent, and Singapore with 13 percent, according to data from the Information and eGovernment Authority cited by the Bahrain News Agency.

Key re-exported items included four-wheel drive vehicles valued at 7 million dinars, gas turbine parts at 4.8 million dinars, and jet turbine engines at 4.5 million dinars.

Analysts note that Bahrain鈥檚 expanding logistics sector, along with its strategic location, continues to support growth in re-export activity.

While non-oil exports of national origin dipped slightly by 1 percent to 333 million dinars in July, the country鈥檚 trade outlook remains positive. 海角直播 led as the top destination for national exports at 24 percent, followed by the US at 12 percent and the UAE at 9 percent.

Raw aluminum alloys topped the list of national exports at 93 million dinars (28 percent), followed by agglomerated iron ores and concentrates at 44 million dinars (13 percent) and non-alloy aluminum wires at 19 million dinars (6 percent).

Imports grew 17 percent to 544 million dinars, led by China (13 percent), Brazil (10 percent), and Australia (9 percent). The most imported goods included non-agglomerated iron ores and concentrates, aluminum oxide, and aircraft engine parts.

Despite a trade deficit of 148 million dinars in July, up from 66 million a year earlier, Bahrain鈥檚 economy is set for growth.

The World Bank forecasts GDP growth of 3.5 percent in 2025, up from 3 percent in 2024, driven by completion of BAPCO refinery upgrades and stronger non-oil activity in infrastructure, logistics, fintech, and tourism under Economic Vision 2030. Growth is projected to average 2.9 percent in 2026-27, supported by continued non-oil expansion and the Sitra refinery upgrade.

Overall, Bahrain鈥檚 non-oil trade, particularly re-exports, continues to demonstrate resilience and diversification, reflecting the Kingdom鈥檚 strategic efforts to expand its economic base beyond hydrocarbons.


海角直播, Canada explore ways to enhance cooperation in technology, innovation聽

海角直播, Canada explore ways to enhance cooperation in technology, innovation聽
Updated 04 November 2025

海角直播, Canada explore ways to enhance cooperation in technology, innovation聽

海角直播, Canada explore ways to enhance cooperation in technology, innovation聽

RIYADH: 海角直播鈥檚 technology and innovation partnership with Canada is set to receive a boost after senior ministers met to explore new avenues of cooperation and strengthen trade ties. 

Saudi Minister of Investment Khalid Al-Falih said in a post on X that he met with Canada鈥檚 Minister of Artificial Intelligence and Digital Innovation Evan Solomon to discuss ways to strengthen relations between the countries and to build partnerships that contribute to mutual economic growth, particularly in priority investment sectors. 

This comes as trade between the two nations continues to expand. In February, 海角直播 exported SR641 million ($170 million) to Canada, marking an 86.6 percent increase from SR344 million in February 2024, according to data from the Observatory of Economic Complexity.

It also follows an agreement in January 2024 for both countries to re-exchange trade delegations to enhance economic relations and boost trade and investment flows. 

In a subsequent post on X, Al-Falih stated: 鈥淭he dialogue took place between me and Anita Anand, the Canadian Minister of Foreign Affairs, in the presence of the Saudi ambassador to Canada, Amal Yahya Al-Moallimi.鈥 

He added: 鈥淲e discussed supporting and strengthening relations between our two countries, and facilitating investment exchange, in order to achieve more fruitful cooperation in the most important sectors, which will bring success to both peoples.鈥 

Artificial intelligence has become a central pillar of 海角直播鈥檚 post-oil economic strategy, with the Kingdom leveraging advanced technologies to drive data-led industries and automation. 

Now at the halfway point of Vision 2030, the country is accelerating efforts to position itself as a global technology leader, balancing innovation with sustainability goals. 
Key initiatives 鈥 including the Project Transcendence program, valued at around $100 billion 鈥 aim to further establish 海角直播 as a global hub for AI innovation. 

Over the past five years, 海角直播 has made significant progress toward establishing itself as a regional artificial-intelligence hub. PwC projects that AI could contribute about $235 billion 鈥 or 12.4 percent 鈥 to the Kingdom鈥檚 gross domestic product by 2030.