HRH Crown Prince receives BMI chairman

Bahrain’s doors are wide open to welcome foreign capitals and investments. “The King has passed laws and legislations ensuring a favourable environment for investment operations”, His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Economic Development Board Chairman said.

He outlined Bahrain’s investment-oriented policies as he received BMI chairman Sheikh AbdulMalik bin Abdullah Al Khalili and board members.He urged precautionary measures to confront potential economic and banking challenges amid fermenting global financial crisis. He stressed to give financial and banking establishments the opportunity to set up solid partnerships.”Such alliances would insulate this vital sector of the national economy against fluctuations resulting from the downturn”, he said.

Sheikh Al Khalili described strong Bahrain’s financial status as a key asset for BMI bank. “We chose to establish here out of firm conviction in Bahrain’s viable legislations and financial credentials’, he said, hailing the Kingdom’s achievements and reputation in the era of His Majesty King Hamad.Central Bank of Bahrain Governor Rasheed Al Maraj and Crown Prince’s chief Shaikh Khalifa bin Daij Al Khalifa attended.