Malaysia and Bahrain Strengthen Economic Ties

Malaysian Prime Minister Anwar Ibrahim announced that Malaysia and Bahrain are enhancing their economic collaboration. Key focus areas include:

• Cryptocurrency
• Sandbox platform
• Tourism
• Connectivity
• Manufacturing

Bahrain has pledged support for the upcoming Asean-GCC summits. Anwar’s visit, initiated by an invitation from Bahrain’s Crown Prince, aims to bolster bilateral cooperation and benefit both nations’ economies.

In early January 2025, Anwar met with Binance founder Changpeng Zhao and officials from the United Arab Emirates (UAE) to discuss potential regulatory frameworks for cryptocurrency. These discussions occurred during Anwar’s three-day official visit to Abu Dhabi and focused on establishing policies that recognize the cryptocurrency industry and modernize Malaysia’s financial system.