Saudi Prince Mohammed Al Faisal Al Saud. Chairman of Al Faysal Islamic Bank of Bahrain EC arrives in the city tomorrow.

He will be accompanied by the senior management of the bank and Its parent company, says a press release.

The Prince will inaugurate the bank's first branch in Bangladesh.

The formal inauguration of Faysal Islamic Bank of Bahrain EC will take place on Thursday.

Prince Mohammed is the son of the late King Faisal and Eandson of King Abdul Aziz Al md. the founder of modern Saudi Arabia. With a distinguished career as a pioneer in the development of Saudi Arabia's water desalination industry, the Prince has worked in the fields of economics, bank-, ing. education and culture. Prince Mohammed’s efforts to implement Islamic doctrines and principles in these fields has led him to the establishment of Faysal Islamic Bank of Bahrain EC.

He is the founder and chairman of the Dal Al-Maal Al-Is-lami. a Geneva-based Trust with an authorized share capital of one billion US dollars and a paid up capital of 315 million US dollars.

Prince Mohammed has established the "Iman Foundation" or the Foundation of Faith, which operates some 60 schools in Saudi Arabia, and sponsored the translation and worldwide publication of Islamic literature.

Prince Mohammed is accompanied by the Vice Chairman of Faysal Islamic Bank of Bahrain, Sheikh Ahmed Salah Jamjoon. as well as two members of the Board of Directors of the Bank. Prince Amr Mohammed Al Faisal Al Saud and Sheikh Mohammed El-Khereiji.

Also in the delegation are Nabil Nassief. President and CEO of Faysal Islamic Bank of Bahrain and Muazzam Ali. Vice Chairman Dar Al-Maal Al-Is-lami.