Saudi to invest 5 bln USD in development projects in Bahrain: official statement

Bahrain and Saudi Arabia on Thursday signed key agreements involving a Saudi investment of 5 billion U.S. dollars in development projects across Bahrain, according to an official statement. The agreements came during the second meeting of the Saudi-Bahraini Coordination Council in Bahrain’s Sakhir Palace, co-chaired by Bahraini Crown Prince and…