Deputy King receives United Nations Investments Committee, highlights economic opportunities underpin stability, security

Manama, Feb. 8 (BNA): Deputy King, His Royal Highness Prince Salman bin Hamad Al Khalifa, today met the United Nations Investments Committee, along with the former Secretary General of the Arab League, Amr Moussa, and the Chairman of the Board of Directors of Investcorp, Dr Nemir Kirdar, at Gudaibiya Palace. During the meeting, His Royal Highness praised the continued growth of Bahrain’s private sector and stressed the importance of its continued development. His Royal Highness also affirmed that Bahrain will continue to support private sector development by providing beneficial regulatory policies and an open business environment. In this regard, His Royal Highness highlighted the crucial role private sector development and growth plays in the Kingdom’s on-going diversification efforts in light of current economic conditions due to the drop in oil prices. His Royal Highness went on to emphasise that the stability of all nations is inextricably linked to economic development, and that stability is underpinned by an economic environment that provides opportunities for citizens to achieve their aspirations. His Royal Highness then highlighted the longstanding relationship the Kingdom of Bahrain and the United Nations have enjoyed, and their shared commitments to maintaining security and stability and achieving sustainable development. His Royal Highness also discussed the characteristics of theofascist ideology that the region currently faces, and highlighted the importance of confronting this challenge through a carefully planned and coordinated approach in order to preserve human dignity.