Weekly Cabinet Meeting

  • Date: 21-Sep-2021
  • Source: Bizbahrain
  • Sector:Economy
  • Country:Middle East
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Weekly Cabinet Meeting

His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince and Prime Minister, today chaired the weekly Cabinet Meeting at Gudaibiya Palace. The Cabinet welcomed the outcomes of the visit made by His Majesty King Hamad bin Isa Al Khalifa to the Arab Republic of Egypt, which included a meeting with the President of Egypt, HE Abdel Fattah Al-Sisi. The Cabinet noted that the meeting further strengthened bilateral relations and joint coordination on international issues and developments. To mark International Day of Peace, the Cabinet affirmed His Majesty’s initiatives that support international efforts to uphold international security, highlighting that the Kingdom of Bahrain continues its unwavering support of efforts to enhance global peace. The Cabinet asserted the importance of strengthening the legal and legislative mechanisms that combat money laundering and the financing of terrorism. In this regard, the Cabinet welcomed the Basel Anti-Money Laundering Index’s finding, which ranks Bahrain as the first in the Arab region. The Cabinet reviewed a summary of the performance of key economic indicators periodically monitored by The Ministry of Finance and National Economy, up to August 2021. The Ministry provided a comparison to the same periods in 2020 and 2019, showing signs of