Investing in citizens essential pillar of Bahrain's progress: HRH Prince Salman

TDT | Manama                                        

The Daily Tribune – www.newsofbahrain.com   

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, has emphasised that investing in Bahraini citizens and providing promising opportunities is an essential pillar of the Kingdom’s ongoing comprehensive development.

HRH Prince Salman was speaking as he inaugurated yesterday the new offices of Citi Bahrain Global Technology Hub in Manama. Finance and National Economy Minister Shaikh Salman bin Khalifa Al Khalifa, Central Bank of Bahrain Governor Rasheed Mohamed Al Maraj and a number of senior officials were also present.

His Royal Highness stressed the importance of enhancing the private sector’s role as a strategic partner to increase its contribution to the Kingdom’s development goals, led by His Majesty King Hamad bin Isa Al Khalifa.

He highlighted the role of financial and banking institutions in supporting the economic sector and positioning Bahrain as an attractive business and investment destination.

HRH Prince Salman outlined how the Kingdom’s advanced and innovative digital infrastructure supports financial and banking services technologies regionally and globally. His Royal Highnesss emphasised the role financial and banking institutions play in creating job opportunities for Bahrainis and highlighted the capabilities of Bahraini professionals in the sector.

He noted that the Kingdom’s economic diversification efforts continue to advance by developing various plans and strategies for all sectors, and attracting investments, which contribute to the creation of new job opportunities for Bahraini citizens in accordance with the goals of the Economic Recovery Plan and Bahrain’s Economic Vision 2030.

Citi Bahrain’s CEO, Michel Sawaya, expressed his appreciation to HRH the Crown Prince and Prime Minister for his commitment and support to the Kingdom’s banking and financial sector, which has contributed greatly to the sector’s development.