H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce stressed the importance of strengthening the foundations of fruitful cooperation between Bahrain and Japan, in the field of space, due to this sector's influential contributions to building a diversified competitive economy based on knowledge and innovation.

This came during His Excellency's visit to the Japan Aerospace Exploration Agency (JAXA), with the presence of Minister of Sustainable Development Noor bint Ali Al-Khulaif, within the framework of the official visit of Bahrain's economic delegation to Japan.

During the visit, the Minister and the accompanying delegation listened to a detailed explanation of the mechanisms of work of the agency, as one of the most important international agencies working in the field of space exploration, development of space technologies, satellite launches, moon exploration, asteroids, monitoring and protecting earth climate, and many other tasks concerned with space science.​

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, hailed the growth of investment projects and international factories based in Bahrain, pointing out that the facilities and advantages provided by the government to ensure their smooth work have contributed to attracting major international projects and settling them in the Kingdom of Bahrain.

This came during the visit of H.E. Minister of Industry and Commerce Abdulla bin Adel Fakhro to the Universal Rollings Rebar Factory in Salman Industrial City, where His Excellency was greeted by Chairman and CEO of the Factory Mr. Maher Abu-Ghazaleh and a number of senior officials. The minister also toured the factory and listened to an explanation of all stages of manufacturing and production.

UNIROL is one of the largest steel factories in the Kingdom of Bahrain, it is located in Salman Industrial city, and operates according to the highest local and international environmentally friendly quality standards.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, received Bahrain Intellectual Property Society Chairperson Asma Abdulaziz Al Najdi, accompanied by a number of Board members, in the presence of Undersecretary of the Ministry of Industry and Commerce Ms. Eman Al Doseri.

The Minister congratulated Al Najdi on the occasion of the World Intellectual Property Day, which falls annually on April 26, commending the role and efforts of the Society in promoting the importance of intellectual property, patents and innovations and contributing to embracing Bahraini innovation. Wishing them continued progress and success. 

For her part, the Chairperson of Bahrain Intellectual Property Society hailed the distinguished efforts of the Ministry of Industry and Commerce in supporting and protecting trademarks, patents and electronic industrial property control.​

Industry and Commerce Minister Abdulla bin Adel Fakhro received the Egyptian Ambassador to Bahrain Yasser Mohammed Ahmed Shaban.

The meeting reviewed the Bahraini-Egyptian cooperation, especially in economy and investment​

The Minister praised the deep bilateral relations between Bahrain and Egypt, stressing the importance of enhancing cooperation, and expressing his pride in their successful achievements.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, chaired the sixteenth meeting of the SMEs Development Council, which was held via video conference with the participation of the Council members.

The Minister praised the tangible cooperation between the members, stressing that the coming stages require more solidarity to overcome challenges and successfully complete initiatives within the specified timetable to benefit the SMEs sector and contribute to its development and prosperity.

The meeting included a presentation by Ms. Shaikha Al-Fadhel, Director of the SMEs Development Directorate, on the national performance indicators of the SMEs Development Council, in addition to reviewing the values of performance indicators of the completed initiatives and their target percentages in the next stage.

Developments of the SME database project were also reviewed, which aims to collect data on growth of enterprises, as the number of institutions that achieved growth from March 2022 to March 2023 reached 4,301 institutions and companies, with a majority of micro-enterprises. Requirements for the second phase of the project were also outlined to ensure that the operational conditions of these institutions are followed up at a deeper level by linking the information available to members to form an integrated database to rely upon for the improvement of this sector's performance.​

Moreover, in a step aimed at achieving the best results and outputs for the years 2022-2026, the team consisting of representatives of concerned authorities evaluated all 43 initiatives and programs and identified challenges to ensure the desired workflow.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce, praised the great contributions and distinguished partnership between the private sector and the government, in terms of implementing economic and commercial projects with added value to the national economy, noting in this regard the role of the Bahrain Businessmen Association (BBMA) in promoting economic development in the Kingdom of Bahrain and highlighting its advanced image as an incubator for major projects and investment companies.​

This came during a meeting that gathered the Minister of Industry and Commerce and BBMA Chairman Mr. Ahmed bin Hindi, in the presence of a number of members of the Association. The Minister referred to the positive steps taken by the BBMA and its continuous cooperation with the Ministry, and its organization and participation in many influential economic events at local and international levels.

The Minister hailed the Bahraini private sector and its contributions to the growth of national economy, affirming that the Ministry is working by all means to provide more facilities to ensure the smooth establishment of local or global investments in the Kingdom.

H.E. Minister of Industry and Commerce Abdulla bin Adel Fakhro affirmed the keenness to strengthen relations and distinguished partnership between the Kingdom of Bahrain and the United States of America at various levels to serve the interests of both countries.​

This came in a meeting between the Minister of Industry and Commerce and H.E. the American Ambassador Mr. Steven C. Bondi, where the Minister noted Bahrain's keenness to develop cooperation between the two countries, strengthened through the FTA (free trade agreement) which contributed to raising the rates of trade exchange between them to advanced levels, affirming Bahrain's constant efforts to strengthen and enhance economic relations on a global scale, and stressing in the same context the role of the private sector in both countries in maximizing benefits offered by bilateral agreements and expanding the joint cooperation in all fields.

H.E. Mr. Abdulla bin Adel Fakhro, Minister of Industry and Commerce received in his office this morning Swiss Honorary Consul to the Kingdom of Bahrain Mr. Humbert Vincent.​

During the meeting, the Minister praised the distinguished efforts made by the Swiss Honorary Consul and his role in strengthening the joint economic relations between Bahrain and Switzerland, reviewing the latest developments in the economic environment that attracts investments to Bahrain, and the facilitated procedures for localizing investments from the region and the world, especially in light of the economic expansion and the protective legislation Bahrain offers to investments.

The Minister also stressed the importance of mutual visits between leaders, senior officials and businessmen from both countries, to achieve the required growth in economic relations, which positively reflects on the volume of trade exchange and joint economic cooperation.