Manama, August 31 /BNA/ His Royal Highness Prince Salman bin Hamad Al Khalifa, Deputy King and Crown Prince, affirmed that the Kingdom of Bahrain places great importance on developing the financial and banking sector and preparing all necessary components to enhance its sustainability and competitiveness. This sector is considered a fundamental pillar of the national economy and a key driver in advancing the comprehensive development goals led by His Majesty King Hamad bin Isa Al Khalifa, the Custodian of the Two Holy Mosques. His Highness pointed out the vital role played by financial markets in supporting economic development paths and expanding the base of promising investment opportunities across various sectors, enhancing Bahrain’s position as a leading financial center regionally and internationally.

This came during His Highness’s meeting today at Al-Riffa Palace, in the presence of His Excellency Sheikh Salman bin Khalifa Al Khalifa, Minister of Finance and National Economy, and a number of senior officials, including Mr. Yousif Abdullah Al-Yousif, Chairman of the Board of Bahrain Bourse, and the new board members. His Highness congratulated them on their appointments, wishing them continued success in achieving the desired goals for Bahrain Bourse. He highlighted the prominent role played by Bahrain Bourse in enhancing the Kingdom’s competitiveness by consolidating its position as a preferred destination for investors through continuous development of its investment tools and ongoing efforts to support the economic environment. He confirmed that these efforts contribute to opening wider horizons for investments and strengthening Bahrain’s position on the global economic map.

His Highness also emphasized the importance of continuing innovation and development in this vital sector amid the qualitative progress witnessed today in its legislative and regulatory framework and related activities. He noted that these steps enhance investor confidence and support attracting more quality investments, contributing to driving economic growth.