MANAMA: Saudi Arabia’s strong economy has a hugely positive effect on trade and investment relations with Bahrain, said the Premier yesterday.

His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa stressed that the great
support of Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud to the Saudi economy has reflected positively not only on Saudi Arabia, but also on other countries.

The Premier said that its strength has benefited many countries, including Bahrain, noting that King Salman’s policies have
consolidated stability and yielded tangible positive results.

He affirmed that while GCC capital can be invested anywhere in the world, their home countries are the best to
host them, given the protection they
receive.

The Premier made his remarks while receiving the Saudi-Bahraini Joint Business Council led by its chairman Abdulrahman bin Saleh Al Otaishan at Gudaibiya Palace yesterday.

Praising the role played by the council in boosting bilateral trade and economic activities, he acknowledged all efforts exerted for the sake of consolidating cooperation between the business sectors in Bahrain and Saudi Arabia.

Citing King Fahad Causeway as the vital artery for the economies of the two countries, the Premier said that it reflected the far-sighted visions of the two countries’ leaderships.

He said Saudi investments in Bahrain reflected Saudi Arabia’s support for development programmes in the kingdom.

Urging more comprehensive partnerships between the private sectors, the Premier said, ‘The pre-set suitable conditions and the solid bilateral relations open wider horizons for co-operation
between the two countries.’

Mr Al Otaishan affirmed that the Bahraini private sector could not have grown remarkably
without the Premier’s leadership.

The GCC investments in Bahrain have been successful because of the leadership, which ensured security and
stability, he noted.