Members and leaders of the business communities in Bahrain and Israel participated in the first bilateral innovation conference from March 13 to 15 in Manama, Bahrain.

The conference was organized by Israel’s Start-Up Nation Central, a nonprofit organization comprised of representatives from the government, business organizations and investors within the Israeli innovation ecosystem, together with officers from the Israeli Embassy in Bahrain, the government of Bahrain and the Embassy of Bahrain in Israel.

Main speakers at the launch of the conference included the Israeli and Bahraini ambassadors to each other’s nations, Eitan Na’eh and Khaled Yusuf Ahmed Aljalahma, respectively.

The event connected and networked Government officials, major companies, internationalorganizations, and tech innovators were all present to discuss the challenges in several sectors, including agriculture, water, climate change and fintech. There were also workshops on tech ecosystem building, as attendees shared their knowledge and best practices.

Aljalahma praised the ties that have developed between the two countries since signing the Abraham Accords normalization treaty in September 2020.

“The relationship between Israel and Start-Up Nation Central and the Kingdom of Bahrain is true and honest, created by the desire to deepen the fruitful cooperation between both countries,” he said. “I am proud to say that approximately three years after the signing of the Abraham Accords, collaborations in all fields are expanding and we always strive to grow them even more. I am confident that the technological tools and products developed by the Israeli startup companies will bring great benefit to the Bahraini economy and vice versa.”

Na’eh also hailed the developing ties between the two countries over the past three years and compared the bilateral relationship to two interfaces learning to understand one another in order to better cooperate.

“This is why we gathered here,” Na’eh said. “To take the [Abraham] Accords from vision to reality. The relationship between the two countries is moving forward as we harness both countries’ added values of human capital, mutual quest for peace, security and prosperity, through innovation and economic cooperation and progress.”

Several MoUs were also signed Monday in the areas of financial technology, manufacturing, logistics, water, energy and climate.

Source Credit: ArabianBusiness, MediaLine