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18-06-2023

In an aim to enhance communication between the Ministry of Industry and Commerce and the private sector, H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce met with a number of entrepreneurs in an open discussion organized by the business incubator "The Collective Hub" in Yateem Center, the incubator is specialized in gathering start-ups, creators and investors under one roof, in order to identify the most important pillars of the entrepreneurship environment in Bahrain.

This gathering reflects the Ministry's commitment to keep close communication with the business community and develop policies to enhance the development of SMEs and boost their business, by promoting local products, provide employment, and easing export.

The Minister listened to the experiences of entrepreneurs and owners of institutions and reviewed the developments of their business, in addition to identifying the most important challenges they face, in an effort to facilitate and simplify procedures and find appropriate solutions in coordination with relevant authorities. H.E. praised the growth of SMEs in Bahrain, noting that the Ministry spares no effort enhance and support this sector.​
 

The discussion was led by Mr. Suhail Algosaibi, Chairman of Tenmou Company, amidst enthusiastic interaction from attendees, who appreciated the opportunity to communicate with decision makers to convey their views and suggestions to enhance the business environment in Bahrain. Moreover, the Minister affirmed his aspiration to continue to hold these meetings periodically in an aim to develop the entrepreneurship sector and small and medium enterprises.

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15-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, met with the Chairman of the Technology and Digital Economy Committee at the Bahrain Chamber of Commerce and Industry, Mr. Alharith Alatawi, and a number of Committee members, where they reviewed Bahrain's economic developments in general and digital economy in particular.

Commending BCCI's remarkable efforts in promoting investment opportunities in the Kingdom of Bahrain, HE the Minister praised the pivotal role it plays in supporting technology and digital economy, noting in this regard the importance of cooperation between the Ministry and the Chamber to promote the economic sector and continue to push the economy to achieve goals and aspirations.

Moreover, the meeting discussed the committee's most important upcoming economic programs and events regarding the technological and digital sector.

 H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, meets the Chairman of BCCI Technology and Digital Economy Committee.​

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15-06-2023

H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce received H.E. Anne Gallandoan Lewis, Philippine Ambassador-designate, where they discussed areas of cooperation between the two countries.

The Minister HE the Ambassador, and reviewed bilateral relations and the positive developments they are witnessing at various levels, noting the importance of continuing work to consolidate and develop these relations, especially in the industrial and commercial fields to achieve common goals and aspirations. 

For her part, the Ambassador of the Philippines expressed her sincere thanks and appreciation to the Minister of Industry and Commerce, hailing Bahrain's efforts towards strengthening the bonds of cooperation between the two countries in all fields, and looking forward to strengthening bilateral economic relations and widening aspects of cooperation in the best interest of both nations and their people.​

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14-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce received CEO of the Arab Financial Services (AFS) Mr. Samer Soliman, in the presence of a number of officials from both sides, during which a number of topics related to financial services were reviewed.

The Minister noted the support the banking sector receives as a prominent tributary to attracting investments and developing national economy, praising the innovative services and solutions provided by the Arab Financial Services to companies and consumers alike, which contributed to the formation of advanced expertise in the world of finance and business, noting the pivotal role played by such companies in their various specialties in supporting Bahrain's commercial movement and economic development.​

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13-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce received in his officed this morning Turkish Ambassador to the Kingdom of Bahrain Essen Çakil, where they discussed a number of topics of common interest.

H.E the Minister praised the strength of the economic relations between the Kingdom of Bahrain and Turkey, which continue to develop and progress with the support of both countries' governments.

For her part, the Ambassador expressed her sincere appreciation to the Minister of Industry and Commerce, praising the Bahraini efforts to strengthen cooperation between the two countries in all fields to achieve goals and aspirations

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11-06-2023

On the sidelines of the 10th session of the Arab-China Business Conference in Riyadh, H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, met with Saudi Minister of Investment Eng. Khalid bin Abdulaziz Al Falih, in the presence of a number of officials from both sides.

The meeting reviewed the long-standing relations between Bahrain and Saudi Arabia, stressing Bahrain's support for all initiatives and projects that would strengthen and develop these relations to serve the interests of both nations.

The minister Hailed Saudi Arabia's aspirations and strategic steps to widen horizons through closer trade and economic cooperation between the Arab and Chinese business communities, and exploring qualitative investment opportunities in many sectors, hoping that the conference will achieve its ambitious goals.

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11-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, headed the Bahraini delegation in the tenth session of the Arab-China Business Conference, held under the patronage of His Royal Highness Prince Mohammed bin Salman bin Abdulaziz Al Saud, Crown Prince and Prime Minister of the Kingdom of Saudi Arabia, and inaugurated by His Highness Prince Faisal bin Farhan Al Saud, Minister of Foreign Affairs. In the presence of H.E. Ahmed Aboul Gheit, Secretary-General of the League of Arab States, H.E. Hu Chunhua, CPPCC Vice Chairman, and H.E. bin Abdulaziz Al Falih Saudi Minister of Investment. For the first time in Saudi Arabia under the slogan "Cooperation for prosperity."​

The conference is organized by the Ministry of Investment, in partnership with the General Secretariat of the League of Arab States, and the Chinese Council, in an aim to promote international trade, the Union of Arab Chambers, strengthen trade and economic cooperation between the Arab and Chinese business communities, and explore qualitative investment opportunities. With the participation of more than 3000 decision-makers and investors, business owners, specialists, and those interested in Arab-China relations from 23 participating countries. The event includes a range of dialogue sessions and bilateral meetings, which discuss ways to achieve prosperity and sustainable development in various Arab countries and China.

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08-06-2023

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, affirmed welcoming investments that contribute to raising economic growth rates in light of the facilities it provides to enhance Bahrain's investment position.

This came during His Excellency's visit to the Fives Services Gulf in the industrial area in Askar, in the presence French Ambassador Mr. Jerome Cochard, company CEO of Bahrain branch Mr. Fredic Jekyll, General Manager of the Aluminum Department Mr. Sebastien Joget, and Mr. Hassan Al-Majed, Sales Executive Director.

During the visit, the Minister listened to a detailed explanation of the work mechanisms of the factory, which was established in Bahrain in 2003, and is a subsidiary of the Fives French group, which provides processing equipment and production lines to major factories around the world, as well as services to the Middle East in industries like aluminum, steel, cement, and machinery from its headquarters in Bahrain, which Bahrain covers an area of 3,800 square meters and includes offices, workshop and warehouse. Five Services also has two more gulf branches, one in Saudi Arabia and one in the UAE.

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