A Bahrain business delegation is planning to visit Saudi Arabia to discuss setting up joint investment projects.

The move was announced as a Bahrain Business Association (BBA) delegation led by chairman Shaikh Hesham bin Abdulrahman Al Khalifa met Saudi Ambassador Dr Abdulmohsen Al Marek.

They thanked Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz Al Saud and the Saudi people for their support for Bahrain to preserve its security and stability.

They hailed the importance of Saudi Arabia as a guiding force for the whole GCC region to prosper economically.

Dr Al Marek pointed out strong business ties between the two countries. He also underscored the importance of protecting security and stability of the GCC to progress and prosper.

"Insecurity and instability would only result in economic stagnation, which may have detrimental impact on all social sectors," he warned.

The BBA members reiterated their full allegiance to His Majesty King Hamad, His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa and His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Economic Development Board chairman.

They also voiced their rejection of any attempt to subvert Bahrain's security and stability and derail its economic development.-TradeArabia News Service