HRH Premier stresses full commitment to economic development

Manama, June 3 (BNA): His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa has affirmed the kingdom's unwavering efforts to develop its economy and make more giant strides in many sectors, especially those related to the investment process within a secure environment that meets the best world standards. He stressed that the focus on economy and development should go hand in hand with efforts to reinforce security so that the economy can flourish without any incidents that impede its growth. HRH Premier made the statements as he received at his Palace in Riffa the Chief Executive Officer of the Bank Julius Baer Boris Kollardi. Boris Kollardi expressed the bank's desire to make Bahrain the centre of its operations thanks to its advanced economic and investment environment, provided by the government, led by HRH Premier, through strong laws and legislation that increase investors' confidence. HRH the Prime Minister welcomed Bank Julius Baer's plans to launch its operations in the kingdom, noting that the move reflects global confidence in Bahrain's distinguished investment atmosphere. HRH Premier praised the prestigious status enjoyed by Bank Julius Baer and its leading role in the regional and global arenas. He reiterated Bahrain's keen interest to adopt more initiatives that support the financial and banking sector and boost it further.