CAIRO - Saudi Arabia funds and entities target investments of $5 billion in development projects in Bahrain, Bahrain's state news agency (BNA) reported on Thursday following a meeting between Saudi and Bahraini crown princes in Manama.

Saudi Arabia's de facto ruler Crown Prince Mohammed bin Salman arrived in neighboring Bahrain on Thursday, fourth stop on a gulf tour.

(Reporting by Alaa Swilam) ((Alaa.Swilam@thomsonreuters.com;))