Boost for Bahrain - Saudi Arabia strategic sectors

TDT | Manama                

The Daily Tribune – www.newsofbahrain.com  

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has commended Saudi Arabia for its commitment to supporting Bahrain’s strategic economic sectors.

This comes following the announcement made by the Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, during the sixth edition of the Future Investment Initiative (FII), on the Public Investment Fund’s establishment of five regional companies aimed at investing in a number of regional countries, including Bahrain.

The PIF will invest in several strategic sectors, including infrastructure, real estate development, mining, health care, financial services, food and agriculture, manufacturing, communications and technology, and other vital sectors.

HRH the Crown Prince and Prime Minister noted that the announcement is a reflection of the efforts made by the Saudi-Bahraini Coordination Council, highlighting Bahrain’s business-friendly economy that attracts strategic opportunities and investments.

HRH Prince Salman emphasised the Kingdom’s commitment to furthering its infrastructure development in line with current and future development needs. The three-day 6th edition of the HRH Prince Salman HRH Prince Mohammed FII in Riyadh is concluding today.