Bahrain keen to be GCC investment hub
Manama, April 9, 2014
Bahrain is keen to become a GCC investment hub, as the nation considers such co-operation a key element that strengthens states, said the Premier.
His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa stressed that Bahrain welcomes all initiatives aimed at increasing investment, noting that it has provided a solid economic infrastructure and protective laws that ensure the success of all GCC banking and financial activities in it, said a report in the Gulf Daily News (GDN), our sister publication.
The Premier yesterday received Kuwait Finance House chairman Hamad Al Marzouq and affirmed the government's keenness to ensure protection for financial and banking firms operating in Bahrain.
He also praised the crucial role played by the banking sector in its economic framework and its effective contribution to providing training and job opportunities for Bahrainis.
He underlined the government's policies and programmes aimed at stimulating investment in Bahrain and encouraging financial and banking establishments, including those engaged in Islamic banking, to make the country a centre of their regional operations.
The Premier also lauded Kuwait Finance House, which is one of the most important Islamic banks. - TradeArabia News Service