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Bahrain PM urges tougher investment controls

Manama, April 5, 2010

His Royal Highness the Prime Minister of Bahrain, Prince Khalifa bin Salman Al Khalifa, called for tougher control on investment activities contravening Bahrain's rules and regulations.

He also urged awareness campaigns be conducted to inform citizens of reliable and safe investments and to deal with licensed investment companies.

He was speaking as he received senior officials at Gudaibiya Palace in the presence of Supreme Islamic Affairs Council president Shaikh Abdulla bin Khalid Al Khalifa.

'Security and reliability rank high on the requirements of investment operations,' HRH the Premier said.

He stressed the government's firm resolve to ensure a safe and favourable environment for investments by enforcing the law. 'The government is resolved to ensure that investments are in line with provisions of the law,' he said.

He also stressed the government's keenness to ensure law enforcement and necessary economic guarantees to preserve a steady growth in the flow of investments.-TradeArabia News Service




Tags: Bahrain | investment | finance | law | controls |

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