MANAMA (Dispatches) – Bahrain’s economy is heavily dependent on Saudi Arabia, making it an easy conduit for Saudi businesspeople to connect to the Israeli-occupied territories, according to a report by the Jerusalem Post.
Saudi Arabian companies plan to invest in the occupied territories through Bahrain, according to a person with knowledge about the matter, the report said.
Several Saudi companies are considering business transactions, said the source, who was in Bahrain last week. The investors are mostly interested in hi-tech in the occupied territories.
Representatives for companies involved declined to speak on the record about the matter.
The Zionist regime and Bahrain announced they were establishing diplomatic relations in September within the framework of a deal brokered by U.S. President Donald Trump. The United Arab Emirates, Sudan and Morocco took similar steps in recent months.
Since the announcement, the Zionist regime and Manama have exchanged official delegations.
The deal has caused anger in the Muslim world. The Palestinian consider the decision by the Arab regimes as a stab in their back.
In a latest development, hundreds of people staged demonstrations across Morocco to express solidarity with the Palestinian cause and denounce Rabat’s agreement to normalize relations with the Zionist regime.
A large crowd took to the streets in the North African country’s largest port city of Casablanca, waving Palestinian flags and chanting slogans in condemnation of the "shameful” normalization agreement between the Zionist regime and Morocco.
They also slammed the occupying regime’s ongoing crimes against Palestinian people.
Trump sealed the agreement in a phone call with Morocco’s King Mohammed VI. As part of the agreement, the U.S. president agreed to recognize Morocco’s sovereignty over the Western Sahara region.
Hazem Qassem, a spokesman for the Palestinian Hamas resistance movement, reacted to announcement that Morocco will normalize relations with Israel, denouncing the deal.
"This is a sin and it doesn’t serve the Palestinian people. The Israeli occupation uses every new normalization deal to increase its aggression against the Palestinian people and increase its settlement expansion,” he said at the time.