Manama - Arab Today
His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince, Deputy Supreme Commander and First Deputy Prime Minister today received the Executive Chairman of Investcorp, Mohammed bin Mahfoodh Al Aradhi, at Gudaibiya Palace.
His Royal Highness highlighted that the Kingdom’s continued economic development is a clear reflection of the country’s openness and liberal business environment, which has helped the Kingdom to reach where it is today.
His Royal Highness stressed that Bahrain attaches particular importance to the development of its already strong financial services sector, which is supported through the provision of a modern regulatory environment and world class infrastructure that allows the sector to adapt to its ever-changing needs.
The Crown Prince noted the continued success of financial and banking institutions within the Kingdom, as well as the role public-private partnerships have played in the sector’s development. In this regard, the Crown Prince emphasised the vital importance of the private sector and public-private partnerships, and his faith in their ability to drive growth during the Kingdom’s next phase of development.
His Royal Highness went on to praise the role of Investcorp in providing unique investment services to customers and investors, as well as the bank’s use of domestic legislation to further develop its financial and investment tools. The Crown Prince also commended Investcorp’s contribution to developing employees’ skills within the financial services sector.
In response, the Executive Chairman expressed his gratitude for the opportunity to meet His Royal Highness. He further praised the Kingdom’s commitment to supporting the banking and financial sector, which is reflected in Investcorp’s successful transactions since its establishment in 1982.