In celebration of the 35th anniversary of the Austro-Arab Chamber of Commerce, the President of the Bahrain Chamber called for deeper and more fruitful collaboration between Arab economic communities and the Austro-Arab Chamber. He emphasized the need to advance cooperation mechanisms in the trade, industrial, financial, tourism, and technology sectors, elevating them to the highest standards to keep pace with evolving global trends across various industries.
He also emphasized that the Bahrain Chamber is keen to strengthening its collaboration with the Austro-Arab Chamber to facilitate key decisions that advance sustainable economic development, a central focus of global efforts aimed at fostering prosperity. He expressed his aspiration to reach agreements that strengthen the Arab market's integration with global markets to increase trade exchange rates.
For his part, Vice treasurer and head of the committees’ steering group at the Bahrain Chamber, Waleed Kanoo, highlighted that digital transformation will significantly increase electricity consumption, posing a challenge to global efforts to achieve a green economy.
He emphasized the urgent need for alternative, sustainable energy sources that support environmental and climate protection, ensuring the continued progress of comprehensive development while preserving natural resources. Kanoo also called for increased investment and stronger government policies to advance the green economy and reduce greenhouse gas emissions.
LA