Bahrain, Saudi Arabia talk about enhancing ties

April 19, 2010 10:42 am 

RIYADH, April 19 — Bahraini King Hamad bin Isa Al- Khalifa and Saudi King Abdullah bin Abdulaziz held talks in Manama on Sunday on means of promoting bilateral relations, Bahrain News Agency reported.

The Saudi monarch arrived earlier in the day in the Bahraini capital in his first-ever official visit to Bahrain since ascension to the throne in 2005.

According to the report, the two kings also touched on Arab and international developments as well as "issues of mutual concern."

Both monarchs saw eye-to-eye about the importance of continuing coordination between the two sides in regional and international developments, the report added.

Saudi ambassador to Bahrain Abdulmuhsin al-Marik was quoted by the Saudi Gazette as saying that Abdullah's two-day visit to Bahrain would further cement ties between the two Gulf Cooperation Council (GCC) member states.

Saudi investments in Bahrain amounted to over 1.1 billion Bahraini dinars (2.92 billion U.S. dollars) in 2008, while non-oil trade volume surged to 570 million Bahraini dinars (1.51 billion U. S. dollars) in 2008 from 260 million Bahraini dinars (689.6 million U.S. dollars) in 2003.

Saudi Arabia also holds a 23 percent stake through Saudi Basic Industries Corporation (SABIC) in Aluminum Bahrain, the world's largest aluminum smelter. (1 U.S. dollar = 0.377 Bahraini dinar)(PNA/Xinhua) ALM


Comments are closed.