Saudi Arabia wants to assist Bahrain’s development industries.
Manama – The Saudi Fund for construction, popularly known as SFD, took part in the partial opening of a one-way bridge as part of the construction project of Al-Fateh Street in Bahrain on Saturday. The Saudi Fund for Development was represented by Bandar Al-Obaid, the director of the Arab Countries Operations Department.
Sheikh Mishaal bin Mohammed Al-Khalifa, the undersecretary of Bahrain’s Ministry of Works, as well as other authorities attended the opening.
Al-Fateh Street’s improvement project, funded by the SFD as part of its development effort in Bahrain, aims to improve the flow of traffic from north to south.
From King Faisal Street in Manama to Al-Juffair, Al-Fateh Street serves as the primary thoroughfare. The best places in the Gulf to invest in residential and commercial real estate are in these regions.
The project is a physical representation of the development cooperation between the friendly nations that exists to create sustainable cities and local communities.
Additionally, it aspires to build Bahraini and Saudi Arabian development alliances.
Saudi Arabia seeks to strengthen the long-standing ties and close relationships between the two nations by providing financial assistance to the Kingdom of Bahrain’s development sectors through the SFD.