UAE-Bahraini-Israeli Officials Discuss Investment Opportunities in Energy

UAE-Bahraini-Israeli Officials Discuss Investment Opportunities in Energy

Emirati, Bahraini and Israeli officials in the energy sector discussed investment opportunities, as well as the mechanism to strengthen and develop them.

This came during a meeting hosted by the UAE to discuss practical steps to develop a joint energy strategy that serves the entire region.

The meeting brought together UAE Energy Minister Suhail al-Mazrouei, Bahraini Energy Minister Sheikh Mohamed bin Khalifa Al Khalifa, US Secretary of the Energy Department Dan Brouillette, Israeli Energy Minister Yuval Steinitz, who attended the meeting virtually, and Director-General of Israeli Energy Ministry Ehud Adiri.

They indicated that their agreement will help attain common interests, support national economies, and contribute to achieving comprehensive development and prosperity, thus enhancing regional peace and stability.

The officials emphasized the importance of reinforcing joint efforts to address regional energy issues by developing energy resources, technologies, and related infrastructure as well as creating innovative and sustainable solutions to meet the needs of future generations, and increasing demand for energy.

The meeting followed the signing of the Abraham Accords between the UAE, Bahrain, US, and Israel last September in efforts to shape a more stable, integrated, and prosperous Middle East, reported WAM.

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