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20 May, 2015

Energy Minister Meets Fitch Ratings Delegation


 



Minister of Energy His Excellency Dr. Abdul Hussain bin Ali Mirza met in his NOGA office a delegation from the international credit rating agency, Fitch Ratings, led by the director of the Sovereign Group, JP Morgan, Paul Gamble, and his accompanying delegation. The delegation was on a visit to update information on the economic and financial situation in the Kingdom of Bahrain.



The Minister lauded Fitch Ratings’ reports, wishing the delegation every success in their assessment of the economy and financial affairs of the Kingdom in particular and the world in general. He wished the delegation success in their future endeavours and goals.



H.E. Dr. Mirza gave a presentation on the energy situation in Bahrain, as well as the sustainable energy strategy of the country. He discussed with the delegation issues pertaining to oil, gas, energy and investments, highlighting the role of organizations like Fitch Ratings in the developments in the oil, gas and energy sector by attracting private investments, giving a boost to national economy. They also discussed with them cooperation prospects in various sectors, between governmental institutions and credit rating institutions to facilitate the process of collecting and updating information on the economic activity of the Kingdom.



The meeting was attended by the NOGA General Secretary Dr. Ahmed Ali Al Sharyan, and Engineer Abdul Hussain Monfaradi, adviser to the Minister’s Office.


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