Vision for future

Manama : Bahrain’s ongoing economic progress is a clear reflection of the country’s openness and liberal business environment, which has helped the Kingdom to reach where it is today, said Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister HRH Prince Salman bin Hamad Al Khalifa yesterday.

The Crown Prince noted the continued success of financial and banking institutions within the Kingdom, as well as the role public-private partnerships have played in the sector’s development.  

While speaking in a meeting with the Executive Chairman of Investcorp, Mohammed bin Mahfoodh Al Aradhi, at Gudaibiya Palace, Prince Salman emphasised the vital importance of the private sector and public-private partnerships, and his faith in their ability to drive growth during the nation’s next phase of development.

He stressed that Bahrain gives particular importance to the development of its already strong financial services sector, which is supported through the provision of a modern regulatory environment and world-class infrastructure. “It allows the financial sector to adapt to its ever-changing needs.”

Meanwhile, commenting on Investcorp’s functions, HRH Crown Prince lauded the role of Investcorp in providing unique investment services to customers and investors. The Crown Prince pointed out the bank’s use of domestic legislation to further develop its financial and investment tools. He also commended Investcorp’s contribution to developing employees’ skills within the financial services sector. 

During the meeting, Al Aradhi praised the Kingdom’s commitment to supporting the banking and financial sector, which is reflected in Investcorp’s successful transactions since its establishment in 1982.