emirates7 - The United Arab Emirates joins the Kingdom of Bahrain today in celebrating its 53rd National Day, observed annually on December 16. This occasion highlights the deep fraternal bonds and comprehensive strategic partnership between the two nations.
To mark the celebration, the UAE is organizing various events and performances, including illuminating iconic landmarks with the Bahraini flag and other festive displays.
The UAE and Bahrain enjoy a long-standing relationship built on mutual respect, shared values, and close ties between their leaders, represented by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Hamad bin Isa Al Khalifa of Bahrain.
A key milestone in their partnership was the establishment of the UAE-Bahrain Joint Higher Committee in 2000, which has strengthened cooperation across political, military, economic, investment, and cultural domains, advancing the shared goals of the Gulf Cooperation Council (GCC).
Economically, ties between the two nations continue to thrive. Non-oil trade between the UAE and Bahrain reached AED 15.3 billion in the first half of 2024, reflecting a 26% increase compared to the same period in 2023. Agreements and memoranda of understanding have been pivotal in bolstering this robust economic growth.
The partnership between the Abu Dhabi Fund for Development (ADFD) and the Bahraini government further exemplifies their strong bilateral relations and commitment to sustainable development. Since 1974, the ADFD has supported Bahrain's economic and social progress by financing 33 development projects worth AED 23 billion. These initiatives span critical sectors such as housing, energy, transportation, and health, while also contributing to Bahrain's fiscal balance programme for 2023 and 2024, fostering economic growth.
Cultural collaboration is another vital aspect of UAE-Bahrain relations. The two nations share a rich artistic and literary heritage, fostering a collective cultural identity. In recent years, multiple cooperation agreements and protocols have been signed to preserve this heritage, including UAE-backed restoration projects for historical buildings in Bahrain.
To mark the celebration, the UAE is organizing various events and performances, including illuminating iconic landmarks with the Bahraini flag and other festive displays.
The UAE and Bahrain enjoy a long-standing relationship built on mutual respect, shared values, and close ties between their leaders, represented by President His Highness Sheikh Mohamed bin Zayed Al Nahyan and His Majesty King Hamad bin Isa Al Khalifa of Bahrain.
A key milestone in their partnership was the establishment of the UAE-Bahrain Joint Higher Committee in 2000, which has strengthened cooperation across political, military, economic, investment, and cultural domains, advancing the shared goals of the Gulf Cooperation Council (GCC).
Economically, ties between the two nations continue to thrive. Non-oil trade between the UAE and Bahrain reached AED 15.3 billion in the first half of 2024, reflecting a 26% increase compared to the same period in 2023. Agreements and memoranda of understanding have been pivotal in bolstering this robust economic growth.
The partnership between the Abu Dhabi Fund for Development (ADFD) and the Bahraini government further exemplifies their strong bilateral relations and commitment to sustainable development. Since 1974, the ADFD has supported Bahrain's economic and social progress by financing 33 development projects worth AED 23 billion. These initiatives span critical sectors such as housing, energy, transportation, and health, while also contributing to Bahrain's fiscal balance programme for 2023 and 2024, fostering economic growth.
Cultural collaboration is another vital aspect of UAE-Bahrain relations. The two nations share a rich artistic and literary heritage, fostering a collective cultural identity. In recent years, multiple cooperation agreements and protocols have been signed to preserve this heritage, including UAE-backed restoration projects for historical buildings in Bahrain.