Bahrain and US Sign $17 Billion Deals to Boost Economic Ties
Companies from Bahrain and the United States have signed deals worth about $17 billion to grow their economic partnership and work together in important industries, according to Bahrain News Agency (BNA).
Bahrain-US Partnership
The agreements include areas such as aviation, technology, industry, and investment. One major deal involves Cisco Systems, which will provide digital services to improve Bahrain’s government IT and telecom systems.
These agreements were made during a visit to Washington by Bahrain’s Prime Minister and Crown Prince, Salman bin Hamad Al Khalifa. He said that working closely with the US could lead to more investments and shared projects.
More Deals Announced
There are also plans to build an 800-kilometer undersea fiber cable to link Bahrain with Saudi Arabia, Kuwait, and Iraq, connecting them to global internet networks.
Bahraini banks and private companies plan to invest $10.7 billion in the US. In addition, Bahrain’s wealth fund, Mumtalakat, signed deals with US companies to invest $2 billion in aluminum projects, which will also help create jobs.
Interesting Fact
In 2023, Bahrain and the US signed a wide-ranging agreement on security and the economy. Bahrain is also home to the US Navy’s Fifth Fleet and US Naval Forces Central Command.
Extra Note
In April, S&P Global Ratings lowered Bahrain’s financial outlook from stable to negative, mainly because of ongoing financial challenges and lower oil prices.
Published: 17th July 2025
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