H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, affirmed support to the industrial sector as a priority sector in the kingdom, which significantly contributes to the development of the Kingdom of Bahrain, and provides quality opportunities for citizens.

This came during the visit of His Excellency the Minister of Industry and Commerce to Amiri Industries Company in Salman Industrial City in Hidd, where he was received by Mr. Adel Amiri, Chairman of the Board of Directors and a number of senior officials of the factory.

His Excellency toured the factory and was briefed on the work progress, and listened to an explanation about the work mechanisms and stages of manufacturing and production.

Amiri Industries a highly distinguished company that earned consumer confidence by providing high quality products in the field of electrical panels and road poles and creating innovative electrical solutions, lamps and road safety products.

The opening ceremony of the 3^rd Bahraini-Omani Products Exhibition was held in the presence of H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, H.E. Dr. Juma bin Ahmed Al Kaabi, Bahraini Ambassador to Oman, H.E. Faisal bin Hareb bin Hamad Al Busaidi, Omani Ambassador to Bahrain, and a number of senior officials and stakeholders. Organized by the Embassy of the Kingdom of Bahrain in the Sultanate of Oman in cooperation with the Omani-Bahraini Friendship Association at Al Dana Mall starting 7^th to 11^th of January. 

On this occasion, H.E. Fakhro, praised the historical relations between Bahrain and Oman. Affirming Bahrain’s commitment to enhance these relations and attain more strategic partnerships to achieve desired development goals and support the national economy, praising such distinguished initiatives that contribute to the enrichment of existing trade and economic cooperation between the two countries.

The Minister and Their Excellencies and attendees toured the exhibition, and received a detailed explanation about the importance of this exhibition and its expected gains as one of the outputs of the Bahraini-Omani Joint Committee, with the participation of a number of entrepreneurs and small and medium enterprises from both sides.

HE Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce received in his office Mr. A. K. M. Mohiuddin Kayes, Chargé d'affaires of the Embassy of Bangladesh to Bahrain.

The meeting reviewed the bilateral relations between the two friendly countries and the positive developments they are witnessing in various fields, noting the importance of continuing to develop economic relations especially, in the interest of the two friendly countries and to achieve common goals and aspirations.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, praised the efforts of businessmen and investors in the restaurant sector in the Kingdom of Bahrain as they continue to expand business networks and open new branches, which contributes to the development of various commercial and service facilities that add distinct options to the public.

This came during the launch of several prominent fine dining restaurants, all part of the Armada Group, namely "Bait Al Jeder, Sisler and De Linos" at Bahrain City Center. In the presence of Armada Board members and a number of officials and stakeholders.

The Minister praised the restaurant’s range and services and hailed the efforts of the private sector and its continuous initiatives in strengthening the national economy, and offer new and diverse options to the public.

The restaurants "Bait Al Jeder, Sisler and De Linos" offer a multi-cuisine experience that combines Gulf, Arab and international cuisines, and is a subsidiary of Armada Group, which owns a variety of international shops in the Kingdom of Bahrain and the GCC.

H.E. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, honored the Information Systems Directorate team on the occasion of the outstanding results achieved by the Kingdom of Bahrain in the United Nations e-Government Report, which reflects the great efforts made by Bahrain’s Ministry of Industry and Commerce team and the Information and eGovernment Authority.

The Minister appreciated the key role of the Ministerial Committee for Information and Communications Technology, headed by General Shaikh Rashid bin Abdullah Al Khalifa, Interior Minister, and Chairman of the Ministerial Committee for Information and Communication Technology. which contributed to achieving these distinguished results, as the Kingdom of Bahrain ranked 18th globally, advancing 36 ranks, and achieving the highest historical index.  His Excellency praised this international achievement, which highlights the efforts of the Government of Bahrain, and reflects the concerted efforts of government entities to achieve the best positions in the UN e-Government Report in line with Bahrain Economic Vision 2030 As part of the Government Program (2023-2026), which focuses on enhancing strategic planning and digital transformation by supporting efforts to digitize government services and transactions.

Moreover, His Excellency affirmed that the Ministry will continue efforts to score further achievements, and raise Bahrain’s position in global indicators, by adopting the latest digital solutions and emerging technologies to develop e-government services.

H.E. Mr. Abdulla bin Adel Fakhro Minister of Industry and Commerce stressed the depth of the historical economic relations between the Kingdom of Bahrain and the Republic of India.

This came during a meeting between His Excellency the Minister and Mr. Vinod Kurian Jacob, Ambassador of India to Bahrain, where they discussed the positive initial results of the official participation in the Partnership Summit 2024 held in New Delhi, as well as a number of topics of common interest, hoping that such participations will contribute to supporting the achievement of ambitious economic cooperation visions between the two friendly countries.

For his part, the Ambassador hailed Bahrain’s efforts to consolidate joint relations and achieve mutual goals and aspirations.

In implementation of Resolution No. (43) of 2024, regarding payments related to commercial transactions of commercial establishments, the Ministry of Industry and Commerce announced that the first phase of the resolution goes into effect starting From, Friday, December 13, 2024, and it includes new commercial establishments.

The decision obliges all commercial establishments wishing to issue new commercial records to open a unified business bank account under the name of the establishment to conduct all financial transactions, while providing e-payment services through "BenefitPay", point of sale (POS) devices, or e-portals.

In this regard, HE         Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, affirmed that the decision aims to enhance transparency and efficiency in the financial and commercial system in the Kingdom, as it aspires to improve the financial management of enterprises, and expand business opportunities by adopting advanced digital payment solutions. Calling on all new commercial establishments to comply with this decision, which will further facilitate financial procedures and enhance the business environment and ensure the sustainability of its growth. 

In its first phase, the decision applies to new commercial establishments only, existing establishments must start regularizing their status within the next six months, before June 13, 2025, where the Resolution will be take effect for all commercial establishments, whether new or existing.

For more information about Ministerial Resolution No. (43) of 2024 and its mechanism, contact the Ministry's team through website: https://www.sijilat.bh  

Or call center on toll-free number: 8000800.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, awarded 30 factories the "Green Factory Seal", as part of Bahrain’s efforts to promote advanced and sustainable industry to achieve the vision of the Industrial Sector Strategy (2022-2026), in an aim to spread the culture of sustainability and apply the concepts of circular carbon economy in addition to environmental and social governance.

In this regard, HE the Minister of Industry and Commerce affirmed that granting the "Green Factory Seal" represents an important stage in the Kingdom of Bahrain's journey towards achieving industrial sustainability, noting that the leading factories joining this initiative represent a role model in adhering to international environmental standards.

His Excellency added that the Ministry of Industry and Commerce is committed to providing the necessary support to factories and backing their efforts to implement environmental governance policies, by providing incentives that contribute to enhancing their competitiveness locally and regionally, calling on all industrial establishments to join this initiative to achieve national goals related to environmental and economic sustainability.

The Ministry of Industry and Commerce launched the Green Factory Seal in support of the Kingdom of Bahrain's directions in achieving sustainability at various levels and in line with the Bahrain Blueprint National Action Plan to reach carbon neutrality by 2060, in conjunction with the Kingdom's participation in the work of the United Nations Climate Change Conference COP 28, which was held late last year in the United Arab Emirates. As the "Green Factory Seal" aims to support the Kingdom of Bahrain's commitment to achieving carbon neutrality by 2060, and encourage the industrial sector to adopt solar energy solutions, and spread the culture of sustainability and green production, as well as applying the concepts of circular carbon economy and environmental and social governance, and achieve sustainable development goals related to responsible production, and motivate factories to adopt the best technologies and systems that contribute to reducing their carbon footprint.

The Ministry of Industry and Commerce indicated that the (Green Factory Seal) is granted to factories that achieve one of the standards based on the most prominent regional and global practices in the field of sustainable manufacturing, for factories that reuse 10% of their industrial waste in their production processes, or use 10% of renewable energy to operate their industrial facility, or implement environmental and social governance policies, or have systems to monitor air and environmental pollutant emissions, or a system for calculating greenhouse gases, or if they own a carbon capture unit.

Noting that as part of the partnership with the private sector, the Ministry of Industry and Commerce cooperated with a number of institutions to provide incentives and benefits to factories holding the Seal, enabling them to achieve sustainability and easing their access to financing, or facilitate their exports. In addition to building the capacity of individuals and establishments in the field of environmental and social governance and providing special prices by operators and manufacturers of alternative energy solutions, in cooperation with NBB, Export Bahrain, BIBF, and Solar One Factory.